The Republic of Korea (RoK) and Indonesia have agreed to intensify bilateral links across infrastructure, trade, investment, maritime affairs and energy.
Seoul (VNA) – The Republic of Korea (RoK) and In🐻donesia have agreed to intensify bilateral links across infrastructure, trade, investment, maritime affairs and energy.
During Indonesian President Joko Widodo’s visit to the RoK from May 15-17, both sides signed a total of 11 memoranda of understanding to boost economic relations, following talks between the two Presidents.
Through a set of agreements over bilateral cooperation in constructing infrastructure such as power plants, gas pipelines and railways, the RoK seeks to join a series of Indonesia's development projects worth 6.7 billion USD.
Indonesia also launched a five-year development scheme to refurbish its infrastructure, including overland and maritime traffic networks in 2015.
Under a memorandum of understanding (MoU), the Korea Gas Corporation will form a consortium to participate in a 600 million USD project to construct a gas pipeline between Palembang and Bali in Indonesia.
Furthermore, Indonesia allowed the Korea Rail Network Authority to join the first stage of a 2.1 billion USD project to establish a 20-kilometer railway in Jakarta.
The two sides also signed a MoU to bolster joint work on various maritime affairs including maritime law, environment, security, logistics and fisheries.
Trade volumes between the two countries hit 16.7 billion USD last year.-VNA
Indonesia and Timor Leste on May 6 signed a memorandum of understanding ( MoU ) on cooperation in developing human resources for the industrial sector in the two countries.
Indonesian Finance Minister Bambang Brodjonegoro said the coutry’s GDP growth in the second quarter will rise, despite first quarter growth falling short of expectations with only a 4.92 percent incre
Indonesian President Joko Widodo will pay official visits to the Republic of Korea (RoK) and Russia from May 16 to 20, Foreign Ministry Spokesperson Arrmanatha Nasir said at a press conference.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
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Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
