Thu. May 19th, 2022

Eight Indonesian state enterprises are interested in doing business in
Vietnam by establishing cooperation with local companies or through
investment, ANTARA News has reported.

The eight state-owned
companies are coal mining company PT Bukit Asam, fertilizer company PT
Pupuk Indonesia, telecommunication company PT Telekomunikasi Indonesia,
aircraft manufacturer PT Dirgantara Indonesia, cement company PT Semen
Indonesia, pharmaceutical company PT Kimia Farma, logistics agency Perum
Bulog and oil and gas company PT Pertamina.

PT Bukit Asam will
supply coal to Vietnam’s power plants, and PT Kimia Farma will
establish cooperation with Vietnamese pharmaceutical company.

PT Telkom will join a Vietnamese telecommunication company in developing international-scale projects.

Cooperation between Bulog and Vietnam is necessary for Indonesia to
meet its rice demands in case of drought that could reduce the domestic
rice production.-VNA

By vivian