Jakarta (ANTARA News) - Eight Indonesian state enterprises are interested in doing business in Vietnam by establishing cooperation with local companies or through investment.

"There are many, around eight state enterprises (BUMN) are interested," State Enterprises (BUMN) Minister Dahlan Iskan said here on Friday.

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, he said.

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.

Minister Dahlan Iskan said he planned to visit Vietnam this year to learn the business opportunities there.

"First, it must be profitable. After the signing of the MoUs, there will be a due diligence visit to Vietnam. If it`s beneficial, it will continue," the minister said.

(A064/F001)

Editor: Jafar M Sidik
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