PM Nguyen Xuan Phuc held bilateral talks with Indonesian President Joko Widodo, photo VNA Since May this year, Real Estate Indonesia (REI) has been seeking opportunities to pour hundreds of millions of US dollars into property projects in Vietnam, such as hotels and resorts. REI is a nationwide group with more than 5,000 members across Indonesia, including developers of all sizes. Indonesian Ambassador to Vietnam Ibnu Hadi told VIR that both countries are boosting co-operation in the construction industry. Many construction and property businesses have been showing great interest in the Vietnamese market, where they see the growing demand for investment. Among them are Ciputra Group, Semen Indonesia, PT. Wijaya Karya (Persero) Tbk, and PT. PP (Persero) Tbk. According to Budiarsa Sastrawinata, general director of Ciputra Westlake City Development Co., Ltd., Hanoi is a potential market for complex investment projects, while Ho Chi Minh City is also a major property market – … [Read more...] about PM’s visit cements ties with Indonesia
Indonesia
Australia says trade agreement with Indonesia on track despite Israel comments
Australia says trade agreement with Indonesia on track despite Israel commentsThe Saigon Times Daily Prime Minister Scott Morrison speaks to the media during a press conference at Parliament House in Canberra, Australia, October 16, 2018 – PHOTO: REUTERS SYDNEY (REUTERS) - Australian Prime Minister Scott Morrison said on Wednesday a billion-dollar free trade agreement with Indonesia will be signed this year, despite Indonesian concern over an Australian proposal to recognize Jerusalem as the Israeli capital. Morrison said on Tuesday he was open to Australia moving its mission from Tel Aviv to Jerusalem, as the United States did in May to the delight of Israel but to the fury of Palestinians. Morrison's willingness to reverse decades of foreign policy and follow the U.S. lead alienated many of Australia's Asian neighbors that have close alliances with Palestinians. It also drew condemnation from 13 Arab ambassadors in Australia who called the suggestion regrettable and … [Read more...] about Australia says trade agreement with Indonesia on track despite Israel comments
Indonesia to build new city following disasters
Wreckage of earthquakes and tsunami in Indonesia (Source: VNA) Hanoi (VNA) – The Indonesian Government has announced a plan to build a new city to replace the old city of Palu in Central Sulawesi province, which was recently ravaged by earthquakes and tsunami that killed over 2,000 and forced tens of thousands of others to evacuate. The decision was made during a cabinet retreat led by President Joko Widodo on October 15. Minister of Public Works and Housing Basuki Hadimuljono said that after the earthquakes, tsunami, and liquefaction, it is impossible to rebuild the city on the same location. He added that the city planning will be held under the management of the National Development Planning Agency; the Meteorology, Climatology, and Geophysics Agency; as well as other concerned ministries and agencies. He pointed out that there are currently three options for the new city’s location, including Duyu, Pondok, and Pembewe, which will be studied for their geological … [Read more...] about Indonesia to build new city following disasters
ASEAN’s centre aids Indonesia’s twin-disaster victims
Rescuers move a body found after the earthquakes and tsunami in Indonesia’s Central Sulawesi province (Photo: Xinhua/VNA) Jakarta (VNA) – The ASEAN Coordinating Centre for Humanitarian Assistance on Disaster Management (AHA Centre) was one of the first organisations that worked with the Indonesian Government to support local people and ease impacts of recent natural disasters. Indonesia’s Central Sulawesi province was hit by 6.1-magnitude and 7.5-magnitude quakes and a subsequent tsunami on September 28, which left over 2,070 dead and around 5,000 others missing. Director of Operations of the AHA Centre Arnel Capili said the centre has established two working groups, one in Jakarta and one in Palu city. The Palu group has worked with the Indonesian government and local authorities to launch humanitarian activities and provide checkups for patients as well as examine their living conditions, in a bid to overcome consequences of the disasters. He also stressed … [Read more...] about ASEAN’s centre aids Indonesia’s twin-disaster victims
Samsung Electronics supports Indonesia to surmount quake consequences
Rescuers bring dead bodies out of debris of a hotel (Source: VNA) Seoul (VNA) - Samsung Electronics Co., Ltd of the Republic of Korea (RoK) on October 16 revealed that it had sent 600,000 USD to Indonesia after earthquakes and a tsunami devastated the country’s Central Sulawesi. The aid was announced after the province was hit by 6.1- magnitude and 7.5- magnitude quakes and a subsequent tsunami in late September, which left over 2,070 dead and more than 10,500 others injured, damaged many houses and infrastructure facilities and washed away a vast area of crops. Samsung Electronics said that the money had been sent to the Indonesia Red Cross to support the building of houses and assist the victims. The company also plans to open a Samsung care centre in the region to provide food and clothes for disaster-affected victims and repair household commodities damaged by disasters. In July, Samsung Electronics also assisted 200,000 USD for Lombok – another island of … [Read more...] about Samsung Electronics supports Indonesia to surmount quake consequences