VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

The trade value between Indonesia and Vietnam has risen quite rapidly. The total trade between the two countries in 2018 increased by almost 30 percent compared to the previous year. In 2018, the trade value between Indonesia and Vietnam reached US $ 8.6 billion. In the first 6 months of 2019, the trade value between Indonesia and Vietnam has reached 4.26 billion US Dollars. This was stated by the Indonesian Ambassador to Vietnam, Ibnu Hadi, when conducting a video conference with the media in Jakarta, Thursday (2/8).

“Now what makes us proud, even though we also have to work hard, is that our exports to Vietnam have risen by almost 30 percent, to be exact 27.4 percent. Then our imports declined greatly from Vietnam.

Furthermore, Ambassador Ibnu Hadi said, this year he project the trade value of Indonesia-Vietnam could reach more than 9 billion US Dollars. In fact, he hopes to reach 9.5 or 9.6 billion so that the trade value target of 10 billion US dollars in 2020 as stated by the Heads of State of Indonesia and Vietnam can be realized. Indonesia's exports to Vietnam include computers, electrical equipment and components, fabric materials, telephones, cellular phones and spare parts, as well as iron and steel. (VOI / AHM / EDT R)