According to the VNA special envoy, on the afternoon of August 5, within the framework of his official visit to Indonesia, National Assembly Chairman Vuong Dinh Hue attended and spoke at the Forum on policies and laws to promote economic and trade cooperation. Vietnam - Indonesia investment.
Forum organized by the Finance and Budget Committee; Economic Committee of the National Assembly, Ministry of Industry and Trade in collaboration with the Indonesian Chamber of Commerce and Industry organized. About 200 business representatives attended, including about 170 Indonesian enterprises and 30 Vietnamese enterprises attended.
National Assembly Chairman Vuong Dinh Hue delivered a speech. Photo: Doan Tan/VNA
Speaking to welcome the forum, Vice Chairman of the Inter-Parliamentary Cooperation Committee of the Indonesian House of Representatives Pitu Supapma believed that the forum was a great opportunity to further strengthen the partnership between the two countries, especially the two countries. in trade and investment. Vietnam has similarities in economic structure. The two countries also play an important role in boosting ASEAN's contribution to the global economy, which accounts for more than 60% of the total GDP of ASEAN countries. Vietnam is now Indonesia's 11th largest trading partner with a total trade turnover of 14 billion USD by 2022 and this number is likely to increase further in the coming years.
Delegates to the Forum. Photo: Doan Tan/VNA
Chairman of the Indonesian Chamber of Commerce and Industry M. Arsjad Rasjid PM expressed his impression of Vietnam's strong development and growth over the years; believes that this is a model for ASEAN countries to learn from, including Indonesia. Emphasizing that Indonesia is aware of great benefits in promoting cooperation with Vietnam, one of the partners with the strongest, oldest and most enduring relationship, even during the crisis caused by the pandemic. COVID-19, the President of the Indonesian Chamber of Commerce and Industry hopes that through the forum, the two countries will get closer and closer together and work together towards a self-reliant, prosperous and sustainable future.
Speaking at the forum, National Assembly Chairman Vuong Dinh Hue said that Vietnam has identified two 2-year development goals of the country: Strive to 100 (the 2030th anniversary of the founding of the Communist Party of Vietnam), Vietnam South is a developing country with modern industry, high middle income; By 100 (the 2045th anniversary of the country's founding), Vietnam will become a developed, high-income country.
In order to realize the above-mentioned goals and aspirations, Vietnam determines that internal resources are the fundamental decisive factor, harmonious combination with external forces is important and breakthrough for the development of an independent and self-reliant economy associated with national sovereignty. Vietnam has always identified the foreign-invested economic sector as an important and organic component of the economy and has an investment environment and investment incentives. very attractive.
So far, Vietnam has had 37.000 FDI projects with a total investment of nearly 450 billion USD, coming from 143 countries and territories, becoming one of the 20 most successful FDI attracting countries in the world.
National Assembly Chairman Vuong Dinh Hue delivered a speech. Photo: Doan Tan/VNA
National Assembly Chairman Vuong Dinh Hue affirmed: “The National Assembly and Government of Vietnam always strive to synchronously perfect the economic institutions, the legal system is fully synchronous and unified, which is stable and feasible; always accompanies and considers the success of businesses and economic sectors, including FDI enterprises, to be their own success. That is the consistent message that Vietnam sends to the international business community, including Indonesia's business community."
National Assembly Chairwoman Vuong Dinh Hue said that in the economic field, Indonesia is Vietnam's leading partner in the Asia-Pacific region. In the trend of strong restructuring of trade and investment flows on a global scale and in the current unstable and unpredictable world economic conditions, Vietnam and Indonesia can completely enhance trade facilitation. trade for each other, not imposing non-tariff trade barriers, strengthening cooperation between businesses of the two countries in maintaining existing supply chains, cooperating to form and jointly develop supply chains strategic in that both sides have strengths.
Accordingly, the two sides create industrial products with high added value, strengthen cooperation in the fields of renewable energy, infrastructure investment, digital economy, circular economy, agriculture. and fisheries, Halal industry and tourism.
At the forum, after Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan introduced Vietnam's industrial and trade policies; leaders of the Foreign Investment Department of the Ministry of Planning and Investment introduced foreign investment policies in Vietnam, representatives of leaders of a number of Vietnamese ministries and branches, and leaders of the Indonesian Chamber of Commerce and Industry. Leaders of a number of large Indonesian corporations chaired a Q&A session on policies and laws to promote economic, trade and investment cooperation between Vietnam and Indonesia.
National Assembly Chairman Vuong Dinh Hue witnessed the signing ceremony of cooperation agreement between Vietnamese enterprises and Indonesian enterprises (Vietnam National Shipping Lines Corporation – PT. VIREMA IMPEX: Signing MOU on trade and transport cooperation. charcoal). Photo: Doan Tan/VNA
At the forum, National Assembly Chairman Vuong Dinh Hue witnessed the signing ceremony of cooperation agreement between Vietnam National Shipping Lines Corporation and Black Diamond Resources TBK Company and Sinar Multi Surya Cemerlang Company; Agreement signing ceremony between Vietnam Shipping Joint Stock Company and Virema Impex Company.
National Assembly Chairman Vuong Dinh Hue and Mr. Aria Bima, Vice Chairman of the 6th Committee of the Indonesian House of Representatives, together with representatives of leaders and businesses of the two countries, within the framework of the Forum on policy and law, promoting economic cooperation. Vietnam - Indonesia , trade and investment has witnessed the opening ceremony of a direct flight connecting Ho Chi Minh City with the capital Jakarta, Indonesia of Vietjet airline.
National Assembly Chairman Vuong Dinh Hue and delegates performed the opening ceremony of a direct flight between Ho Chi Minh City and Jakarta. Photo: Doan Tan/VNA
Jakarta is the third flight route to the island nation of Indonesia that Vietjet has direct flights to, bringing the total number of flights between Vietnam and Indonesia to 3 flights per week, starting from August 84.
According to VNA/Newspapers