Indian TATA Group to expand investment in Vietnam

India’s TATA Group has already planned to invest in a wide range of business sectors in Vietnam, said Indronil Sengupta, Executive Director of the conglomerate in Vietnam.
Indian TATA Group to expand investment in Vietnam ảnh 1President Tran Dai Quang and Indronil Sengupta, Executive Director of TATA Group (Photo: VNA)

Hanoi (VNA)
– India’s TATA Group has already planned to invest in a widerange of business sectors in Vietnam, said Indronil Sengupta, ExecutiveDirector of the conglomerate in Vietnam.

Heshared the information at a meeting with President Tran Dai Quang in Hanoi onJanuary 12.

IndronilSengupta said the future investment will target solar- and wind-power projects,a coffee processing plant in Binh Duong, as well as the installation ofagricultural machinery to serve demand in the Mekong Delta.

Aproject to import and assembly TATA light trucks is also part of the plan, headded.

Congratulatingthe India giant on its success across multilateral fields in Vietnam, PresidentQuang stated that Vietnam always considers foreign companies, including thosefrom India, as a key component of the economy.

TheVietnamese Government is working to improve its legal framework on business inline with international standards to facilitate foreign investors in thecountry, he added.

ThePresident welcomed TATA’s expansion in Vietnam and expressed his confidencethat the group’s Long Phu thermo-power II in Soc Trang, once operational, wouldopen the door for more Indian projects to come to Vietnam.

TheGovernment will create favourable conditions for the Long Phu plant to be putinto operation as scheduled, Quang noted, adding that power development is apriority of Vietnam.

Hepointed to the fact that Vietnam and India established comprehensive strategicpartnership in September 2016 and would celebrate the 45th anniversary of bilateral relations this year.

Quangsuggested the group take advantages of these opportunities to thrive as one ofthe top investors in Vietnam, particularly in electricity production, mechanicsand infrastructure development, helping the two countries soon reach atwo-way-trade value of 15 billion USD as previously set.-VNA
VNA

See more

PM Pham Minh Chinh speaks at the congress (Photo: VNA)

Foreign ministry must deepen “bamboo diplomacy”: PM

Addressing the first Congress of the Ministry of Foreign Affairs’ Party Organisation for the 2025–2030 tenure in Hanoi on July 15, which coincided with the 80th anniversary of Vietnam's diplomatic sector (August 28), PM Pham Minh Chinh praised the ministry and its Party Organisation during the 2020–2025 term, noting their close coordination with other ministries, agencies, and international partners to contribute to national development and foster peace, cooperation, and development in the region and beyond.

Vietnamese Ambassador to Mexico and Belize Nguyen Van Hai (L) presents his letter of credentials to Governor-General of Belize Dame Froyla Tzalam at a ceremony on July 14. (Photo: VNA)

Vietnam looks to expand relations with Belize

Ambassador Nguyen Van Hai expressed his belief that the Vietnam–Belize relations will continue to grow deeper, more substantive, and effective, especially in shared priority areas such as sustainable agriculture, eco-tourism, climate change adaptation, and South-South cooperation.

Administrative apparatus streamlining: Revolution opens new era

Administrative apparatus streamlining: Revolution opens new era

Fifty years after the end of the war and national reunification, Vietnam is embarking on a new great revolution — a sweeping reform involving the merger of provinces and streamlining of the administrative apparatus, aimed at advancing the nation firmly forward.

French Consul General in HCM City Emmanuelle Pavillon-Grosser speaks at the ceremony marking France’s Bastille Day. (Photo: VNA)

HCM City eyes substantive, sustainable cooperation with French partners

HCM City is committed to creating the most favourable conditions in terms of policy, regulatory framework, and investment environment to ensure that cooperation initiatives with France are implemented in a substantive, effective, and sustainable manner, a local official has said.

Vietnamese Ambassador to Bulgaria Nguyen Thi Minh Nguyet meets with Bulgarian Minister of Defence Atanas Zapryanov. (Photo published by VNA)

Vietnam serves as bridge for Bulgaria to strengthen ties with ASEAN

Zapryanov affirmed that Bulgaria considers Vietnam an important partner and a bridge for Bulgaria to enhance its engagement with member countries of the Association of Southeast Asian Nations (ASEAN). He highly appreciated President Rumen Radev’s visit to Vietnam in November 2024, calling it a significant milestone and a strong impetus for deepening the bilateral relations.

State President Luong Cuong (C) hands over the decisions to promote Members of the Party Central Committee and the Central Military Commission, and Deputy Defence Ministers Nguyen Hong Thai, Nguyen Van Hien and Nguyen Truong Thang; and Deputy Chief of the General Staff of the VPA Nguyen Quang Ngoc, from the rank of Lieutenant General to Senior Lieutenant General. (Photo: VNA)

Senior military, public security officers promoted to higher ranks

State President Luong Cuong, Chairman of the Council of National Defence and Security and Commander-in-Chief of the Armed Forces, presided over a ceremony in Hanoi on July 14 to hand over promotion decisions to leaders of the Ministry of National Defence and the Ministry of Public Security.