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Saturday, October 12, 2024

Indonesia’s president-elect visits Vietnam

The Saigon Times

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HCMC – Indonesia’s President-elect Prabowo Subianto is scheduled to pay a visit to Vietnam on September 13-14 at the invitation of Party General Secretary and President To Lam, said the Ministry of Foreign Affairs.

Prabowo was elected President of Indonesia in March and is set to be officially sworn in this October. He visited Vietnam in May 2022 in his capacity as Indonesia’s Minister of Defense.

Vietnam and Indonesia established diplomatic relations in 1955 and upgraded their relationship to a strategic partnership in 2013.

President-elect Prabowo’s visit takes place amid the continuously strengthening and deepening strategic partnership between Vietnam and Indonesia across all areas, with economic cooperation being a standout feature.

Indonesia is currently Vietnam’s third-largest ASEAN trading partner, while Vietnam is Indonesia’s fourth-largest ASEAN trading partner.

Two-way trade was estimated at around US$12.6 billion as of November 2023. The two nations set a goal to raise their bilateral trade to US$15 billion by 2028.

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