Indonesia has been experiencing growth of 6.3 percent year-on-year during the first quarter of 2012, while the Gross Domestic Product (GDP) increased by 1.4 percent compared to the previous quarter and 6.32 percent when compared to the first quarter last year.

During the first quarter of 2012 our GDP has reached 1.9 quadrillion Indonesian rupiahs (US$ 207.1 billion). With a GDP size of US$ 1 trillion in 2011, Indonesia is among the fastest growing economies in Asia and the largest economy in Southeast Asia.

Amid the threat of global crisis, Indonesia's economy remains stable. As a matter of fact, predictions are that Indonesia's economy in 2012 is going to be solid and growing by 6.7 per cent, mostly on the growth of the domestic economy and investment.

With a population of 245 million people, Indonesia has a large domestic market to offer, over 50% of which lives in urban areas and adopts a modern lifestyle. A growing and affluent middle class supports GDP growth with more than 50% of GDP accounting for private consumption.

"The Indonesian Embassy will make all efforts to facilitate and speed up the exchange and mutual understanding between our people and business sectors," Mr. Mayerfas concluded.

At the forum, VCCI Chairman Vu Tien Loc also said that Vietnam and Indonesia are important partners for each other in Southeast Asia, according to VNA. The forum will promote trade, investment and tourism cooperation between the two countries and meet the desires of both business communities as well as leaders and officials in both countries, said Loc.

Through this TTI, Vietnam and Indonesia want to enhance business to business and people to people contacts so that Indonesian and Vietnamese communities could get in touch with each other more closely and more frequently to explore the great potentials that each of our two countries could offer./.