During their talks in Jakarta on Thursday, Indonesian President Susilo Bambang Yudhoyono and visiting Vietnamese President Truong Tan Sang agreed to boost the two countries’ relations into a strategic partnership. President Sang said the strategic partnership will help bring the two countries’ ties to a new height, for mutual interests and for peace, stability, cooperation and prosperity in the region and the world. Both leaders agreed to continue stepping up the implementation of the “Action Plan for the 2012-2015 period” and strengthening their traditional friendship and trust through regular exchanges at all levels. President Yudhoyono agreed to soon set up a Vietnam-Indonesia Friendship Association to enhance the mutual understanding of the two countries’ people. The two presidents shared the view that both countries will make stronger efforts to increase two-way trade from more roughly US$4.6 billion in both 2011 and 2012 to US$5 billion by 2015 and $10 billion by 2018. In the first six months of 2013, the two countries’ two-way trade reached $2.1 billion. The two sides’ relevant ministries and agencies should apply policies that offer favorable conditions for businesses to operate in either country. President Yudhoyono and his Vietnamese counterpart agreed to strengthen the implementation of the Memorandum of Understanding on Fishing and Sea-related Issues to tap the potential of bilateral cooperation in this field and to deal with issues relating to fishermen and fishing boats that encroach on the territorial waters of each side. The two leaders also agreed that Vietnam and Indonesia will negotiate to sign rules on joint patrols between the two countries’ naval forces in contiguous waters, helping maintain peace and security at sea. President Sang affirmed Vietnam’s support for Indonesia’s Chairmanship of APEC 2013, expressing its wish that Indonesia will back Vietnam to host APEC 2017. He and his Indonesian counterpart also agreed to contribute efforts to the building of an ASEAN Community by 2015. Regarding East Sea-related issues, the two leaders shared the view that all disputes must be solved by peaceful means on the basis of respecting international law, including the 1982 United Nations Convention on the Law of the Sea (UNCLOS), implementing the Declaration on the Conduct of Parties in the East Sea (DOC) and finalizing a Code of Conduct in the East Sea (COC). The Vietnamese president and his Indonesian counterpart expressed their support for ASEAN's Six-Point Principles on the East Sea and applauded the Joint Statement of the 15th ASEAN-China Summit on the 10th anniversary of the DOC. After the talks, the two leaders witnessed the signing of many cooperation agreements in various fields, including finance, agriculture, energy, extradition, and legal assistance.
More

2 foreigners suspected of illegally working as tour guides on Vietnam’s Phu Quoc Island
The inspection team decided to continue monitoring the two foreigners to have prompt solutions
Read more

Singaporean orchid species named after Vietnamese Party chief, spouse
Singapore has named a new orchid species Papilionanda To Lam Linh Ly
1 day ago
Ho Chi Minh City committed to supporting Cuba through challenging times
For Cuba, Ho Chi Minh City has been a special partner, consistently sending aid shipments over the years to help the country overcome its hardship
1 day ago
Vietnam, Singapore bolster ties with comprehensive strategic partnership
Vietnam is proud to have Singapore as a comprehensive strategic partner
1 day ago
Vietnam, Indonesia elevate ties to comprehensive strategic partnership
This milestone ushers in a new era of deeper and greater cooperation, benefiting both nations while contributing to ASEAN’s peace, stability, and prosperity
2 days ago
Vietnam, Sweden set role model in building friendship: Swedish legislator
Vietnam and Sweden share the same perspective on the importance of self-reliance and minimizing risks arising from dependence on outside forces
2 days agoHighlights

Reckless pull-up stunt recurs on Ho Chi Minh City metro, raising safety concerns
Passengers are urged to respect metro regulations, avoid tampering with equipment, and seek assistance from staff when needed
Latest news

Reckless pull-up stunt recurs on Ho Chi Minh City metro, raising safety concerns
Passengers are urged to respect metro regulations, avoid tampering with equipment, and seek assistance from staff when needed

Japan eyes boosting rice exports eightfold by 2030
The country's rice consumption has more than halved over the past 60 years as diets have expanded to include more bread, noodles and other energy sources

Vietnam PM orders review of tax policies in global trade strategy
Vietnam will review tax policies with other countries, particularly those with strategic or comprehensive strategic partnerships

Vietnam’s Quang Nam urged to take action after 2 child deaths from suspected measles
The two second-grade students in Tra Don Commune under Nam Tra My District died after several days of high fever and diarrhoea, and receiving self-treatment at home

Doubts over climate funding as donors squeeze aid
President Donald Trump has frozen US contributions to the global pot and withdrawn from a funding deal to help developing nations transition to clean energy, among other climate initiatives

Many animal 'geomorphs' under threat, study warns
Others identified by the researchers included Australian marsupials, South American shrimp, Asian ants, as well as salmon, moles, earthworms and freshwater insects

Vietnam embraces expanded Singaporean investment in healthcare, green energy, infrastructure
During his ongoing official visit to Singapore, Vietnamese Party General Secretary To Lam held separate meetings on Tuesday with representatives of major Singaporean businesses

Consortium proposes Thu Thiem cinema park along Saigon River
This setting aims to preserve and promote the city’s urban heritage while serving as a hub for film production and cultural tourism

Vietnamese property developer Vinhomes to issue int’l bonds to Asian Infrastructure Investment Bank
This investment falls within AIIB’s plan to invest in the private sector

Vietnam's billionaire count drops to 5 as Thaco chairman exits Forbes rich list
Tran Ba Duong, chairman of automaker Thaco, dropped off in the March 11 update