During bilateral meeting of Indonesia and Vietnam held between President Joko “Jokowi†Widodo and Vietnamese Prime Minister Nguyen Tan Dung in the US on Monday agreed to boost bilateral trade to US$10 billion by 2018.
The target set is almost twice the current trade value between the two countries, which stands at $5.3 billion.
Prime Minister Nguyen Tang Dung welcomed the invitation to boost cooperation in trade and investment. Vietnamese investors have expressed their interest in investing in Indonesia’s oil and gas sector, as well as agriculture, as per a press statement issued by the State Secretariat.
In addition, the two leaders discussed the maritime boundaries between the two countries. Jokowi said that he expected immediate consultations to resolve boundary issues between the two countries, following a technical meeting on exclusive economic zones (ZEE) held between the two countries in December.
The meeting was preliminary to the ASEAN-US Summit.
Nikwax has unveiled its latest innovation, the Direct.Dry Down line, setting a new benchmark in waterproof down with great performance…
Wrangler x Accelerating Circularity jeans are proving that post-consumer and post-industrial cotton can be effectively reused in everyday clothing.
Swiss cleantech innovator Bcomp has partnered with Japanese composite specialist Tras to bring natural fibre solutions to the world of…
Researchers from MIT and Lincoln Laboratory are developing innovative bioabsorbable fabrics that replicate how soft tissues naturally stretch.
A research team at the University of Limerick (UL) has introduced a groundbreaking method for producing carbon fiber through their…
Circ, Circulose, RE&UP, and Syre, have joined forces to create the T2T Alliance, an initiative focused on driving policy changes…