Vietnam enjoys trade surplus with Indonesia

02-Aug-2012 Intellasia | VOV | 7:01 AM

Vietnam earned $1.131 billion from exports to Indonesia in the first half of this year, $60 million more than its import from the island nation.

Most notably, Vietnamese coffee exports gained $78.2 million, up 7.5 times compared to the same period last year, while ore and minerals fetched $0.61million, up 3.86 times; mobile phones, $134.7 million, up 155 percent; and electric wires and cables, $5.8 million, up 151 percent.

Vietnam and Indonesia have agreed to strengthen bilateral trade and investment, aiming to raise two-way trade to $5 billion by 2015.

Both countries are preparing to upgrade their relationship to a strategic partnership in the future.

http://english.vov.vn/Home/Vietnam-enjoys-trade-surplus-with-Indonesia/20127/140578.vov