Southcentral region, India eye to expand import-export cooperation

A symposium on measures to promote import-export activities between India and localities in the southcentral region was held in Nha Trang city by the Indian Consultate Geneal in Ho Chi Minh City and the People’s Committee of Khanh Hoa on March 1.
Southcentral region, India eye to expand import-export cooperation ảnh 1Participants at the symposium (Photo: VNA) 
Khanh Hoa (VNA) – A symposium on measures to promoteimport-export activities between India and localities in the southcentralregion was held in Nha Trang city by the Indian Consultate Geneal in Ho ChiMinh City and the People’s Committee of Khanh Hoa on March 1.

Delegates from the Departments of Industry and Trade of the localities briefed participants on the potential of import and export and their keytrade sectors. Meanwhile, Indian businesses’ representatives made known banks'financial support for import and export, and cooperation opportunities betweenIndia and Vietnam through Gopalpur Industrial Park of India.

According to Vice Director of the Department of Industry andTrade of Phu Yen Nguyen Thi Kim Bich, Phu Yen boasts great potential to exportseafoods to India.

The locality looks forward to enhancing trade cooperation withpartners in the Indian market, in order to export canned seafood, cashew nutsand fertilisers to the South Asian country, Bich said.

Vice Director of the Department of Industry and Trade of NinhThuan Tran Quoc Sanh said the province has imported white-leg shrimps, and machinery and equipment serving wind and solar powerdevelopment from India.

He expressed his hope that the Indian Consulate General in HCMCity will pay attention to promoting trade exchange between the two sides, thusexpanding import of agro-forestry-fishery products of Ninh Thuan, and speedingup the implementation of investment projects in agricultural and aquaticproduct processing industry for export in the locality.

Ninh Thuan has various potential products for export such asaloe vera, asparagus, grape, apple, onion, garlic, fish sauce, bird's nests,goat and sheep, among others, he said, adding that these products will bepromoted directly by local businesses with Indian businesses right at face-to-facedialogue sessions.

According to Vice Director the Department of Industry and Tradeof Khanh Hoa Phan Thi Thu Cuc, Khanh Hoa’s export turnover to India topped 437,000 USD in 2022.

She called on businesses of Khanh Hoa and India to continue strengtheningbusiness cooperation and import-export activities in the future.  

Meanwhile, Director of the Department of Industry and Trade ofBinh Dinh Ngo Van Tong said the province looks to welcome more Indian businesses inthe coming time.

GunadharSena, Director of Bank of India in HCM City updatedparticipants on loan policy in import - export activities between Vietnam andIndia, pledging to provide maximum support to Vietnamese businesses thatneed loans as they export goods to India.

Nishu Mishra from Tara Steel Special Economic Zone Limited spoke about the potential of Gopalpur Industrial Park, expressing his hope that businessesof the southcentral region will visit and consider investing in the park in thefuture.

At direct dialogue sessions in the framework of the conference, businesses of the two sides discussedopportunities, legal issues, and issues related to the import-export market./.
VNA

See more

Fresh Vietnamese lychees are being sold at an Aeon supermarket in Japan. (Photo: VNA)

Vietnam Goods Week opens in Japan’s Saitama prefecture

This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.

The Green Industries Summit 2025 aims to support the country’s transition toward sustainable industrial development. (Source: NordCham Vietnam)

Nordic firms eye green industry partnerships in Vietnam

According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong speaks at the 15th National Assembly’s 9th session. (Photo: VNA)

SBV Governor calls for overhaul of FDI attraction strategy to drive stronger growth

The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.

Buyers seek suppliers of globally standardised equipment at Automechanika, opened in HCM City on June 19. (Photo: VNA)

Vietnam’s auto parts and services expos open in HCM City

The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.

Fuel prices surge from 3pm on June 19 (Photo: VNA)

Fuel prices surge from 3pm on June 19

The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.

Vietnamese Ambassador to Germany Vu Quang Minh (right) thanks Selgros Lichtenberg CEO Marco Berger for creating conditions for Vietnamese agricultural products to reach German customers (Photo: VNA)

Vietnamese Goods Day promotes Bac Giang lychees in Germany

While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.

An article published by Cuba’s Inter Press Service (IPS) spotlights the promising results of a unique rice cooperation model with Vietnam, as Cuba ramps up efforts to improve national food security. (Photo: Screenshot)

Vietnam–Cuba rice partnership sets new model for sustainable food security: media

The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.

Algerian delegates explore Vietnamese products showcased at the event (Photo: VNA)

Vietnam seeks to expand trade ties with Algeria

During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.

A H&M store (Photo: Reuters)

Vietnamese firms eye new opportunities with Nordic partners

A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.

The Lao Bao (Vietnam) – Densavan (Laos) international border gate (Photo: VNA)

'Single-Stop' procedure at Lao Bao–Densavan border gate halted

Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.