Background of Indonesia-Vietnam Relations
Indonesia and Vietnam share a long history of cooperation, having celebrated nearly 70 years of diplomatic relations since 1955. Their bilateral ties began with mutual respect and shared aspirations for Southeast Asia's political stability, particularly within the ASEAN framework.
Over the years, both nations have built strong foundations of partnership in areas such as economic development, defense, and cultural exchange. The signing of a Strategic Partnership Agreement in 2003 set the stage for deeper collaboration.
In 2024, both countries will formalize this bond by upgrading to a Comprehensive Strategic Partnership (CSP), marking a new chapter in their cooperation. This partnership aims to further elevate their political, economic, and cultural engagements while enhancing ASEAN unity.
Vietnam's growing regional influence, coupled with Indonesia’s leadership, strengthens their shared commitment to regional stability and collective prosperity.
Here’s a timeline of key events in Indonesia-Vietnam relations:
1955 |
Establishing Diplomatic Ties Indonesia and Vietnam establish diplomatic relations, laying the foundation for bilateral cooperation. |
1990s |
Strengthening Economic and Political Cooperation Bilateral trade increases as both nations embrace open-market reforms. Collaboration deepens within ASEAN, with both countries prioritizing regional stability. |
2003 |
Strategic Partnership Formalized Indonesia and Vietnam sign a Strategic Partnership Agreement, covering areas like trade, defense, and people-to-people exchanges. |
2013 |
Comprehensive Strategic Partnership Discussions Begin Leaders explore upgrading their partnership to a more robust framework. Focus areas include maritime security, economic development, and cultural exchange. |
2023 |
Elevated Bilateral Ties Under ASEAN Framework As ASEAN Chair, Indonesia pushes for digital and green economy frameworks, with Vietnam emerging as a strong ally. |
2024 |
Comprehensive Strategic Partnership Agreement The agreement is set to formalize in 2024, focusing on:
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Key Areas of Cooperation
A core aspect of Indonesia-Vietnam relations is their emphasis on defense cooperation and maritime security, areas where both countries share significant strategic interests. Both nations collaborate closely on counterterrorism, transnational crimefighting, and regional peacekeeping operations.
With extensive coastlines along the South China Sea, the countries’ cooperation in maritime security is particularly vital, as it ensures stability in one of the world’s most critical trade routes. Both Indonesia and Vietnam have consistently advocated for the establishment of a Code of Conduct in the South China Sea, aiming to safeguard ASEAN’s collective security and prevent conflict.
This cooperative approach underpins their shared vision for regional peace, positioning them as pivotal players in ASEAN's broader security landscape.
Economic Cooperation
Indonesia and Vietnam have committed to significantly enhancing bilateral trade, with a target of increasing trade turnover to $18 billion by 2028, up from the current $14 billion. This ambitious goal aligns with both nations’ broader economic ambitions to deepen market ties, increase investments, and enhance trade facilities.
Indonesia’s diverse industrial base, combined with Vietnam’s robust manufacturing sector, creates numerous opportunities for collaboration in sectors like technology, agriculture, and sustainable development. Both countries are also focused on expanding market access and strengthening trade infrastructure to foster a more dynamic regional economy.
Their economic partnership is essential not only for their national growth but also for the regional economic integration that is central to ASEAN's prosperity.
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Regional Security and Stability
The South China Sea remains a focal point of Indonesia-Vietnam cooperation, particularly in terms of regional security and stability. Both countries are committed to upholding ASEAN’s centrality in addressing security challenges and ensuring freedom of navigation in the contested waters.
Indonesia and Vietnam have been vocal in advocating for a peaceful resolution of territorial disputes and have consistently pushed for ASEAN's collective role in fostering dialogue with China on a legally binding Code of Conduct.
Their efforts are instrumental in preserving the stability of Southeast Asia and reinforcing ASEAN’s position as a cohesive entity in managing regional conflicts. This partnership between Indonesia and Vietnam not only strengthens their individual security but also contributes to the broader ASEAN unity essential for regional peace.
Future Prospects and Goals
The Comprehensive Strategic Partnership between Indonesia and Vietnam looks beyond immediate concerns and sets a shared vision for high-income economies by 2045.
This future-oriented goal emphasizes the importance of sustainable development, economic innovation, and regional cooperation. Both nations aim to create a resilient economy that contributes to ASEAN’s collective prosperity.
As they move toward this vision, Indonesia and Vietnam will continue to support each other in advancing technological innovations, green economy initiatives, and sustainable trade policies. Their partnership is a model for ASEAN cooperation, demonstrating how strategic alliances can drive growth, enhance regional integration, and foster long-term stability.