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Vietnam suggests harmonising trade, investment rules with Indonesia

21 Oct '25
1 min read
Vietnam suggests harmonising trade, investment rules with Indonesia
Pic: Shutterstock

Insights

  • Vietnam recently suggested enhancing policy dialogue with Indonesia and harmonising trade and investment regulations between the two governments, while promoting digitalisation of import-export procedures toward building an ASEAN Smart Customs System.
  • It called for greater B2B connection through trade fairs, digital platforms and innovation programmes to help SMEs seize cooperation opportunities.
Vietnam recently suggested enhancing policy dialogue with Indonesia and harmonising trade and investment regulations between the two governments, while promoting digitalisation of import-export procedures toward building an ASEAN Smart Customs System.

At a Vietnam-Indonesia Business Forum organised by the former’s Ministry of Industry and Trade (MoIT) in Banten, Indonesia, Nguyen Phuc Nam, deputy director of MoIT’s department of international market development, encouraged enterprises to form production partnerships in high value-added industries like green energy and logistics.

Both countries are stepping up efforts to strengthen their economic partnership across multiple sectors.

Nam called for greater business-to-business (B2B) connection through trade fairs, digital platforms and innovation programmes to help small and medium enterprises (SMEs) seize cooperation opportunities, according to a Vietnamese media outlet.

He also emphasised the importance of human resource development, expert exchanges and technology transfer, particularly in smart manufacturing, logistics and supply chain management, between the two countries.

ALCHEMPro News Desk (DS)

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