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.
Zhejiang Yanpai Filter Technology has placed a new order with Andritz for two additional high-performance needlepunch production lines.
Sunrise has started building a textile factory in Morocco through its newly formed subsidiary, Euwen Textiles. Construction has begun in…
Tendam, in partnership with the University of Design, Innovation and Technology, has released a new study examining the carbon footprint…
Researchers from Latvia have identified mycelium-based insulation as the most promising reuse option for fast-fashion textile waste.
A breakthrough has revealed a new way to convert PET from plastic bottles and synthetic textiles into key components used…
The proposed India–New Zealand Free Trade Agreement (FTA) is expected to significantly strengthen Indian exports.