Asia & Pacific

Key priorities in the agreement include cooperation in science and technology as well as investment in agricultural technology, education and the strengthening supply chains for electric vehicle batteries.

Foreign Minister Sugiono (right) shakes hands with Vietnamese Foreign Minister Le Hoai Trung during the Joint Commission for Bilateral Cooperation (JCBC) meeting between Indonesia and Vietnam on July 14 at the Foreign Ministry in Jakarta. (AFP/Aditya Irawan)

Indonesia and Vietnam have signed a five year plan of action to guide their bilateral cooperation, while setting a target to increase annual trade to US$18 billion by 2028 through expanded collaboration in various sectors.

The plan of action was signed by Foreign Minister Sugiono and his Vietnamese counterpart Le Hoai Trung during the latter’s visit to Jakarta on Tuesday, marking the latest step to implement key provisions of the comprehensive strategic partnership of the two countries established in 2025.