Indonesian enterprises keen to do business in Vietnam
Eight Indonesian state enterprises plan to establish cooperation with local companies or through investment, ANTARA News has reported.
They include coal mining company PT Bukit Asam, fertilizer company PT Pupuk Indonesia, telecommunication company PT Telekomunikasi Indonesia, aircraft manufacturer PT Dirgantara Indonesia, cement company PT Semen Indonesia, pharmaceutical company PT Kimia Farma, logistics agency Perum Bulog and oil and gas company PT Pertamina.
PT Bukit Asam will supply coal to Vietnam’s power plants, and PT Kimia Farma will establish ties with Vietnam pharmaceutical company.
PT Telkom will join a Vietnam telecom company in developing international-scale projects.
Bulog cooperation with Vietnam is important for Indonesia to meet its rice demands in case of drought that could reduce the domestic rice production.