"I hope Vietnamese businesses will effectively take advantage of every opportunity of trade and investment Indonesia offers,” said Mr Mayerfas, Ambassador Extraordinary and Plenipotentiary of the Republic of Indonesia at the Indonesia - Vietnam Investment, Tourism and Trade Forum. The event was held by the Embassy of the Republic of Indonesia in Vietnam in cooperation with the Vietnam Chamber of Commerce and Industry (VCCI).
Ambassador Mayerfas said Vietnam has now become a new investment destination for Indonesian businesses. With its huge potential and strengths, Indonesia has become an ideal choice for Vietnamese investors to explore opportunities in mining, energy, fisheries, tourism and other fields. On the opposite direction, Indonesian businesses can invest in manufacturing, food processing, petroleum, mining, tourism and many other industries in Vietnam. He stressed: "With many similarities in economy and culture plus geographical proximity, Vietnam and Indonesia can favourably strengthen and lift bilateral trade and investment relations to a new high and also attract tourists from each nation.”
Apart from the fields mentioned by Ambassador Mayerfas, VCCI President Vu Tien Loc expressed his hope that Indonesian companies will invest in supporting industries in Vietnam. In addition, the two countries can jointly develop rubber planting and processing to lift their positions in the ASEAN market and global markets as well.
Ms Nguyen Thi Hong, Vice Chairwoman of Ho Chi Minh City People’s Committee, said the cooperation between Ho Chi Minh City and Indonesia is thriving, led by trade, investment and tourism development. Currently, Indonesia is an important trading and investment partner of the city, with more than US$1 billion of trade turnover grossed in 2012. Currently, Indonesia has 12 investment projects in Ho Chi Minh City with a total capital of more than US$26 million. Ho Chi Minh City welcomed more than
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Currently, Indonesia is Vietnam’s fourth biggest partner in the Southeast Asia, with two-way trade jumping to US$4.6 billion in 2012 from US$2.5 billion in 2008, an 84 percent rise. However, the bilateral trade turnover tended to slow down in 2012 and the early months of 2013. Vietnam and Indonesia aim to raise the two-way bilateral trade revenue to US$5 billion in 2015.
By May 2013, Indonesia ranks 27th among 101 countries and territories investing in Vietnam, with 35 valid projects worth a total registered capital of US$285.2 million. Vietnam also has seven ongoing projects worth US$106.7 million in total in Indonesia, mainly focusing on mining, oil and gas and communications.
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42,000 Indonesian tourists in 2012, up nearly 10 percent from 2011.
As the largest economic centre of Vietnam, Ho Chi Minh City hopes to further strengthen trade, investment and tourism relations with Indonesia and contribute more to Vietnam - Indonesia relationship development. The city’s government is committed to creating favourable conditions for foreign businesses, including Indonesians, to explore investment opportunities and do effective, long-term business in the city. In Ho Chi Minh City, Indonesian partners will have access to a large market, a leading economic locomotive, a scientific and technological centre, a financial and banking hub, and an active international trade gateway. She stressed, “In the context of rapid regionalisation and ongoing formation of the ASEAN Community, I deeply believe that Ho Chi Minh City and Indonesia will have many new opportunities to expand cooperation, particularly in trade, investment and tourism, and contribute more to the dynamic development and prosperity of Southeast Asia."
My Chau
Vietnamese
