Politics & Law: PM Dung to Leave Hanoi for Jakarta
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TMCNet: Politics & Law: PM Dung to Leave Hanoi for Jakarta

[August 07, 2007]

Politics & Law: PM Dung to Leave Hanoi for Jakarta

(Vietnam News Briefs Via Thomson Dialog NewsEdge) from the VIETNAM NEWS BRIEFS, August 07, 2007 Cooperative agreements on oil and gas, culture and anti-corruption are expected to be signed between Vietnam and Indonesia during the visit by Vietnamese Prime Minister Nguyen Tan Dung from August 8-9, said local media



In Jakarta, the first leg of his trip to five ASEAN countries, Dung will meet with President Susilo Bangbang Yudhoyono and Vice President Jusuf Kalla, visit the ASEAN Secretariat, and attend the Vietnam-Indonesia Business Forum

Vietnam and Indonesia established diplomatic ties in 1955. During the visit by Former Prime Minister Phan Van Khai to Jakarta last year, the governments of Vietnam and Indonesia in 2006 reached a consensus on assigning their Ministries of Foreign Affairs to design the 2006-2010 action plans for the Joint Declaration on the Framework of Comprehensive Cooperation in the 21st century. The joint declaration would formulate strategic partnership relations between the two countries, fostering long-term stability in the region



Two-way trade between Vietnam and Indonesia rose from $1.17 billion in 2005 to $1.7 billion in 2006. The figure in the first four months of this year was $930 million

By the end of June 2007, Indonesian businesses had poured $137.5 million into 13 projects in Vietnam's industrial and service sectors. Meanwhile, Vietnamese investors have eyed the exploration and exploitation of oil and gas in the world's largest archipelago

(Vietnam Economic Times Aug 7 p6, VNA Aug 7) Copyright 2007 Vietnam News Briefs

Copyright 2007 Toan Viet Ltd, Source: The Financial Times Limited

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