Lao Cai has prepared the best conditions to welcome enterprises and investors, particularly those from India, the provincial Party Committee Secretary Dang Xuan Phong said at an investment, trade and tourism promotion conference between the province and India held in New Delhi on July 25.
Minister of State at the Indian Foreign Ministry Rajkumar Ranjan Singh has said that India is open in its investment in and cooperation with Vietnam in general and Binh Duong province in particular.
Vietnam was praised as a hub for Indian investors to expand their business into other parts of Asia during the 2022 Horasis India Meeting, the foremost annual meeting of India business leaders and their global counterparts that convened on September 26 in the southern province of Binh Duong.
Vietnam and India have substantial opportunities to cooperate in the automobile industry as Vietnam is accelerating FDI attraction in the sector, an official has said.
The leader of the south-central province of Khanh Hoa called on Indian investors to explore its potential and strengths and the cooperation opportunities available in localities during an online conference to promote cooperation between the two sides on March 25.
The EU-Vietnam Free Trade Agreement is a good opportunity for Indian investors, in Vietnam, Vietnamese Ambassador to India Pham Sanh Chau said at an online conference on June 12.
Ho Chi Minh City provides all possible conditions for foreign investors, particularly those from India, to do business in the city, Secretary of the municipal Party Committee Nguyen Thien Nhan told outgoing Indian Consul General Srykar Reddy on February 20.
Indian fabric investors have shifted their attention from China to Vietnam, which is billed as an emerging denim fabric manufacturing centre, in their search for potential suppliers of denim fabric.
Ho Chi Minh City will create favourable conditions and a better business climate for foreign investors, including Indian entrepreneurs, said Chairman of the municipal People’s Committee Nguyen Thanh Phong on April 22.
Opportunities to invest in Vietnam’s garment and textile industry were introduced to representatives from nearly 70 Indian textile and garment companies at a conference held in Coimbatore on June 2.
Vietnam will create favourable conditions for and offer incentives to Indian firms to invest in Vietnam, said Vietnamese Ambassador to India Ton Sinh Thanh.