Indonesian President to pay State visit to Viet Nam

This year marks the 69th anniversary of Viet Nam-Indonesia diplomatic relations (1955-2024) and the 11th anniversary of the strategic partnership between the two nations (2013-2024).

The signed action programs have further deepened bilateral cooperation across various sectors, including politics, diplomacy, defense and security, economy, tourism, culture and people-to-people exchanges.

Both countries have held three sessions of the Committee for Bilateral Cooperation and two sessions of the Joint Committee on Economic, Scientific, and Technical Cooperation.

Significant progress has been made in economic and trade cooperation. The two-way trade between the two countries has witnessed positive growth, with Indonesia currently being Viet Nam's third largest trading partner in Southeast Asia, and Viet Nam being Indonesia's fourth largest trading partner.

In 2013, bilateral trade stood at only US$4.8 billion, but it has nearly tripled since then, to US$14.1 billion in 2022. In the first four months of 2023, the figure reached over US$4.2 billion, with exports to Indonesia amounting to US$1.6 billion, a 9 per cent increase compared to the same period in 2022./.