Trade and investment ties between Vietnam and India are not commensurate with their potential, meaning there is still a lot of room for them to grow, the India-Vietnam Business Forum heard in Ho Chi Minh City on August 21.
Vietnam has become an increasingly attractive destination for international enterprises in the food, beverages and packaging industry thanks to its rapid economic growth and rising consumer demand.
Vietnam and India can cooperate in areas of strength such as agriculture, textiles, footwear, renewable energy, and pharmaceuticals, according to the Ministry of Industry and Trade.
Deputy Prime Minister and Foreign Minister Pham Binh Minh and Indian Foreign Minister Sushma Swaraj co-chaired the 16th Meeting of the Vietnam-India Joint Committee on Economic, Commercial, Scientific and Technological Cooperation.
Efforts by Vietnam’s overseas representative agencies over recent years have helped to strengthen the country’s trade and investment ties with partners around the globe, senior diplomats have said.
India and Indonesia have agreed to work to boost bilateral trade to 50 billion USD by 2025, Indian Prime Minister Narendra Modi said on May 30 after talks with his Indonesian host, President Joko Widodo.
The Embassy of Vietnam in India and the Confederation of Indian Industry (CII) held a seminar in New Delhi on October 10 to introduce business opportunities in the northern province of Vinh Phuc.
Deputy PM and FM Pham Binh Minh and Indian Minister of External Affairs Sushma Swarai have reiterated determination of their senior leaders to continue expanding the bilateral relationship.
As many as 1,000 yoga enthusiasts gathered in Hanoi on June 17 to celebrate the third International Yoga Day by flexing their bodies in various postures.
Mekong delta An Giang province and India have good prospects for co-operation in aquaculture and processing, a meeting between business executives from the two sides heard in Ho Chi Minh City on May 12.
Vietnam and India should early sign an action programme on implementing the bilateral comprehensive strategic partnership, thus defining orientations for bilateral cooperation in 2017-2020.
The NA Chairwoman’s visit to India and attendance of the 11th Global Summit of Women Speakers of Parliament helped cement ties with traditional friends while expanding cooperation with new partners.
The upcoming Vietnam visit of Indian Prime Minister Narendra Modi is of significant importance to the future growth of the Vietnam-India ties, stated Ambassador to India Ton Sinh Thanh.
An international scientific seminar “Vietnam – India: new context, new vision” took place in Hanoi on August 25 to celebrate the 70 th anniversary of Independence Day of India.
A workshop was held by the Vietnam Embassy in India and the India – ASEAN – Sri Lanka Chamber of Commerce and Industry in Chennai on June 1 to promote investment in Vietnam.
Vietnam will create favourable conditions for and offer incentives to Indian firms to invest in Vietnam, said Vietnamese Ambassador to India Ton Sinh Thanh.
The India-ASEAN relations will be lifted to a new height, with cooperation between India and Cambodia being a key element in New Delhi’s engagement with the grouping, stated Indian Vice President.
India’s online newspaper, “The Economic Times,” ran an article on June
21 by Dipanjan Roy Chaudhury highlighting prospects for India and
Vietnam to forge stronger connections through the Cambodia, Laos,
Myanmar and Vietnam (CLMV) Summit that is being held in Nay Pyi Taw,
Myanmar from June 22-23.
A delegation from the Export and Import Bank of India (EXIMBANK) on May
15 paid a fact-finding tour to the southern province of Dong Nai to seek
partnership opportunities.
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