Indonesia Receives US$1.15 Million Trade Contract in Vietnam

Translator

Editor

Jumat, 2 Mei 2014 08:46 WIB

(Ki-ka) Menteri Pariwisata dan Ekonomi Kreatif Indonesia, Mari Elka Pangestu saat mencoba salah satu produk yang dipamerkan bersama Menteri Perdagangan Muhamad Lutfi di pameran dalam Indonesia Fashion Week 2014 di Jakarta Convention Centre, Jakarta (20/2). TEMPO/Nurdiansah

TEMPO.CO, Jakarta - Around 18 Indonesian furniture lighting and interior lifedata-style companies have successfully acquired 397 requests from potential buyers in "Lifedata-style Vietnam International Trade Fair 2014". The exhibition was held in Ho Chi Minh City, Vietnam, on April 18-21.


The companies are estimated to have signed trade contract of US$1.15 million. "It is 69.4 percent more that last year's US$680,000," said the Ministry of Trade's director general of national export development, Nus Nuzulia, yesterday.


Nus said Indonesian lifedata-style products drew interest of buyers from Japan, Hong Long, Germany, the Netherlands, Belgium, Britain, Portugal, Australia, Israel, Kuwait, the United States and Vietnam. "There were very interested in lighting products made of wood combined with glass, wood appliances, wood furniture, interior products made of recycled paper and bamboo products," said Nus.


Indonesian participants also had the chance to introduce and promote Indonesian brands to international market, such as PT Talenta Nusantara Indokarya, producer of copper lamp and CV Torang Raja, producer of zipper lamp. Their well-designed products sparked admiration from the visitors.


Nus said the Ministry of Trade had targeted export in 2014 to reach US$190 billion, or 4.1 percent increase of last year's. Non-oil and gas exports for wood products and furniture are targeted to grow 5.5-6.5 percent or around US$9.4-9.5 billion, while art products around 7-8 percent or around US$721-728 million.


PINGIT ARIA




Related News

Retno Marsudi Invites Gambian Govt to Attend Upcoming Indonesia-Africa Forum in Bali

15 jam lalu

Retno Marsudi Invites Gambian Govt to Attend Upcoming Indonesia-Africa Forum in Bali

Retno Marsudi invited the Gambian government to attend the second Indonesia-Africa Forum scheduled for September 3-4 this year in Bali.

Read More

Halal Certification Mandatory Policy Should Not be Postponed, Trade Minister Says

1 hari lalu

Halal Certification Mandatory Policy Should Not be Postponed, Trade Minister Says

Indonesia's Trade Minister Zulkifli Hasan says that the policy necessitating products to have halal certificates by October 2024 must not be postponed

Read More

Indonesia, Vietnam Target Bilateral Trade of US$18 billion by 2028

11 hari lalu

Indonesia, Vietnam Target Bilateral Trade of US$18 billion by 2028

Indonesia, and Vietnam have agreed to target bilateral trade worth US$18 billion or more by 2028.

Read More

Statistics Indonesia: Iran-Israel Conflict Bears No Significant Impact on Indonesian Trade

14 hari lalu

Statistics Indonesia: Iran-Israel Conflict Bears No Significant Impact on Indonesian Trade

Statistics Indonesia or BPS assesses that the geopolitical conflict between Iran and Israel has no significant impact on Indonesian trade.

Read More

Trade Minister Inspects Prices of Basic Commodities at Bogor Market

49 hari lalu

Trade Minister Inspects Prices of Basic Commodities at Bogor Market

Minister of Trade Zukifli Hasan visited the Kebon Kembang Market in Bogor City, West Java Province, to inspect the prices of basic commodities.

Read More

Indonesia, New Zealand Explore Partnership on Halal Products

52 hari lalu

Indonesia, New Zealand Explore Partnership on Halal Products

Indonesian Foreign Affairs Minister Retno Marsudi met with her New Zealand counterpart Winston Peters in Jakarta on Thursday, March 14.

Read More

Indonesia Aims to Surpass Vietnam's EU Trade After IEU-CEPA

7 Maret 2024

Indonesia Aims to Surpass Vietnam's EU Trade After IEU-CEPA

Trade Ministry is convinced that the country's foreign trade performance will surpass that of Vietnam after the completion of IEU-CEPA.

Read More

New Zealand, Indonesia Discuss Boosting Trade and Pacific Cooperation

6 Maret 2024

New Zealand, Indonesia Discuss Boosting Trade and Pacific Cooperation

Indonesia and New Zealand discuss increasing trade and Pacific cooperation in their meeting on the sidelines of the ASEAN-Australia Special Summit.

Read More

Indonesia's 2020 Trade Balance with Egypt at US$1.17bn Surplus

23 Februari 2024

Indonesia's 2020 Trade Balance with Egypt at US$1.17bn Surplus

The Trade Ministry recorded Indonesia's trade balance with Egypt stood at a surplus of US$1.17 billion (Rp18.22 trillion) as of December 2023.

Read More

Indonesia Expands Trade Market Access to Anticipate Japan's Recession

17 Februari 2024

Indonesia Expands Trade Market Access to Anticipate Japan's Recession

The Indonesian government plans to complete various trade negotiations to expand the market's access to global trade.

Read More