INDONESIA-VIETNAM

STRATEGIC PARTNERSHIP
UNIVERSITAS GADJAH MADA
Rakyan Rohman Bimoseno | Senandung Luluk Ferdinanda
Rizal Bintang Rahani | Ellysa Zulfa Qonita
Zahrina Faudia Azizza

What is it about?
Defining the challenges faced by Indonesia and Vietnam
in achieving the goals of Strategic Partnership
Agreement
Analyzing the prospect of Indonesia-Vietnams Strategic
Partnership Agreement signed in 2013.

Why does it matters?

Both countries are closely related inside ASEAN and
higher international society
Historically Indonesia and Vietnam are maintaining
stable record in diplomatic relations
In 2013, for Indonesia, Vietnam became one and only
ASEAN country that has strategic partnership
agreement
In 2013, for Vietnam, Indonesia became one of two
ASEAN countries to form a strategic partnership
alongside Thailand

Historical background

Comprehensi
ve
Partnership
(2003)

Friendly and
Comprehensi
ve
Partnership
(2011)

Vietnam Embassy for Indonesias Press Release,

Strategic
Partnership
(2013)

Goals
Increase two-way trade value to 10 billion or more in
2018
Increase two-way investment flows
Review and Monitoring
Establishment of Joint Commission for Bilateral
Cooperation (JCBC)

Plan of Action in the Period of 2014-2018

Challenges
Jokowis commitment towards ASEAN countries
We used to say ASEAN is the cornerstone of our foreign
policy. Now we change it to a cornerstone of our foreign
policy, Rizal Sukma, a former foreign policy adviser to
Jokowi (2014)
Indonesias investment regulations

Indonesias 52.5 days vs Vietnams 34 days

Commodity
Complementary or Competition

Prospect
The strategic partnership reaching a vulnerable stage
regarding the challenges
The two-way flow of investments goals are not achieved
The strategic partnership sustainability depends on
Indonesias reform in investment regulation and
creating attractive investment environment for foreign
investors including Vietnamese investors

Conclusion?

Terima Kasih