At a meeting of the Indonesia–Vietnam Friendship Association recently held in Jakarta, Pambudy said the future of Vietnam–Indonesia relations is highly promising, noting that the two dynamic economies have strong growth potential, young populations and increasingly aligned development visions.

Pambudy highlighted that the partnership between Vietnam and Indonesia has grown steadily in recent years, building upon a long-standing history of solidarity and cooperation between the two Southeast Asian nations.

In the past, Indonesia’s success in achieving food self-sufficiency attracted attention across the region. Vietnam was among the countries that carefully studied Indonesia’s agricultural transformation, reflecting a spirit of learning and cooperation among developing countries.

Today, however, the relationship has evolved significantly. Vietnam has made remarkable economic progress, developing strong manufacturing capabilities and building competitive export industries. The country has also rapidly expanded in sectors such as automobile manufacturing, electronics and high-value industrial production.

The Indonesian minister praised Vietnam’s development achievements and said the two countries are now entering a new era of cooperation with broader opportunities in economic development, technology and innovation.

As emerging economies and key pillars of the Association of Southeast Asian Nations (ASEAN), Vietnam and Indonesia can play a greater role in shaping the future of the Indo-Pacific region, he added.

With bilateral cooperation becoming increasingly important, the Indonesian minister said the Vietnam–Indonesia partnership should expand beyond traditional exchanges and move into new areas such as digital transformation, innovation and the digital economy.

One notable initiative is cooperation between Indonesia’s National Development Planning Agency (Bappenas) and Vietnam’s CT Group in developing policies and ecosystems for the low-altitude economy.

In August 2025, the two sides established a strategic partnership through a memorandum of understanding to support Indonesia’s national digital transformation. The cooperation includes developing a national roadmap for the low-altitude economy and building a digital twin technology framework, expected to be completed by May 2026.

Indonesia is also seeking stronger collaboration with Vietnam’s technology giant FPT in artificial intelligence and digital transformation.

A memorandum of understanding signed in June 2025 aims to expand cooperation in several strategic areas, including national digital transformation, digital talent development, artificial intelligence, green technology, smart cities and digital economy strategies.

Beyond technology, agricultural cooperation between the two countries is also expanding. Companies such as Japfa and TH Group are strengthening partnerships in food production and agribusiness development.

The fisheries sector also offers significant opportunities for cooperation. Indonesia possesses one of the world’s largest marine resources and fishing grounds, while Vietnam has strong capabilities in industrial fishing. This complementary advantage creates natural opportunities for collaboration between the two countries.

In addition, both countries are exploring potential cooperation in real estate and urban development as Vietnam and Indonesia experience rapid urbanisation and increasing demand for modern housing and integrated urban planning.

In health care and biotechnology, cooperation is also growing. One example is Vaksindo, a company specializing in animal vaccines based on modern biotechnology research. Its products are currently exported to more than 24 countries across Asia, the Middle East and Africa, supported by production facilities in Indonesia, Vietnam and India.

According to Pambudy, such initiatives demonstrate the strong potential for Vietnam and Indonesia to deepen cooperation in biotechnology, animal health and regional health security, while contributing to more resilient and sustainable food systems.

He emphasised that the Vietnam–Indonesia partnership, he noted, is not only about economic cooperation but also about a shared vision for a prosperous future for both countries and for Southeast Asia as a whole.

Vietnam looks to boost ties with Indonesia, Philippines

VOV.VN - State President Luong Cuong on February 6 held separate meetings with the newly appointed ambassadors of Indonesia and the Philippines, calling for closer cooperation in trade, investment and regional affairs as Vietnam moves to deepen ties with key Southeast Asian partners.