The Republic of Korea (RoK) was Indonesia’s third top source of foreign direct investor (FDI) in the first quarter of this year, data from investment board BKPM showed.
Jakarta (VNA) – The Republic of Korea (RoK) was Indonesia’s third top source of foreigndirect investor (FDI) in the first quarter of this year, data from investmentboard BKPM showed.
The board’s chief,Bahlil Lahadaliaau, said automaker Hyundai Motor of the RoK started the construction of a factory to make electric vehicles in Indonesia, with total investmentamounting to 22 trillion rupiah (1.5billion USD).
Singapore and Chinaremained the first and second biggest sources, respectively.
FDI into Indonesiarose 14 percent in rupiah terms in the first three months of 2021 on the yearto stand at 111.7 trillion rupiah (7.72 billion USD), the board said.
Including domesticinvestment, total direct investment in the first quarter amounted to 219.7trillion rupiah, up 4.3 percent from the year-earlier period.
Thisshows things have begun to stabilise, the board’s chief, Bahlil Lahadalia,told an online news conference.
Thisshows the trust the world has for Indonesia and foreign investors’ activitieshave begun to normalise and have begun to adapt with the development of theCOVID-19 pandemic, he added./.
Indonesia’s creative economy industry has been ranked third in the world in terms of its contribution to the national GDP, said an Indonesian minister during a webinar for pushing half a million new exporters in Jakarta earlier this week.
Vietnamese Prime Minister Pham Minh Chinh and Indonesian President Joko Widodo on April 23 compared notes on an array of matters, aiming to improve the efficiency of cooperation between the two countries.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
Illustrative photo (Source: VNA) 
