Indonesia, Vietnam Double Trade Target

Minister of Foreign Affairs Retno Marsudi expressed Indonesia's desire to strengthen economic relations with Vietnam during an official visit by Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh on June 25.

"We recently celebrated the 60th anniversary of diplomatic relations and both countries have maintained a strategic partnership since 2013," Rento said. Also in 2013, a goal of expanding trade to US$5 billion between the two nations was set. Retno said the target would be reached ahead of schedule. "Therefore, we move on to the second part of our bilateral trade agreement to reach US$10 billion in trade by 2018," she said, adding that she hoped the target would also be achieved at an earlier date.

June 30, 2015