RI to Hold Biggest Ever Trade Expo In Vietnam

Hanoi, Vietnam (Antara Bali) - Indonesia is holding its first ever biggest exhibition in Hanoi aimed at finding distributors for its products ahead of the implementation of the ASEAN Economic Community (AEC) on January 1, 2016.

"We are bringing Indonesian products to Vietnam to meet their needs. The exhibition is a means for Indonesian companies to meet with distributors of their products in Vietnam," Minister Counselor at the Indonesian Embassy in Hanoi, Sadikin, said after opening the Indonesian trade exhibition and Indonesia-Vietnam business forum on Wednesday.

He said the exhibition is particularly aimed at introducing Indonesian products in Vietnam as the two countries are trying to achieve a bilateral trade target of US$10 billion by 2018.

Trade between the two countries stood at US$5.1 billion in 2014.

As many as 30 Indonesian companies are currently operating in Vietnam.

According to Sadikin, the exhibition will become an annual event, which will allow Indonesia to enjoy Vietnamese economic growth, which is projected to reach 6.3 percent this year.

In his opening address at the exhibition, Vietnamese Deputy Minister of Trade and Industry, Do Thang Hai said the exhibition may serve as a good chance for the two countries to enhance cooperation.

The exhibition, which will also mark the 60th anniversary of Indonesia-Vietnam diplomatic ties, will hopefully produce the best thing, he said.

The Indonesian products displayed at the exhibition include foods and beverages, automotive products, spare parts, oil and coal, electronic appliances, and pharmaceutical products.(WDY)