Vietnam, India hold huge potential to expand trade: Diplomat

Vietnam and India boast huge potential to further foster cooperation in trade and investment as both sides have many young and proactive businessmen who are able to create wonderful business opportunities between the two countries, Vietnamese General Consul in Mumbai Le Quang Bien has said.
Vietnam, India hold huge potential to expand trade: Diplomat ảnh 1Vietnam and India boast huge potential to further foster cooperation in trade and investment. (Photo: VNA)
New Delhi (VNA) – Vietnam and India boast huge potential to further foster cooperation in trade and investment as both sides have many young andproactive businessmen who are able to create wonderful business opportunitiesbetween the two countries, Vietnamese General Consul in Mumbai Le Quang Bien has said.

Attending a ceremony to mark the 84th founding anniversary of the SouthernGujarat Chamber of Commerce and Industry (SGCCI) on October 11, Bien stressed that India, with rapid growth and on the way to become a 5-trillion-USD economy by 2027, has been a potential and trustworthy business partner of Vietnam.

Vietnam always treasures trade cooperation as well as cultural and people-to-peopleexchanges with India, he said, adding many destinations in the Southeast Asiancountry has been chosen by Indians to organise weddings, including Phu Quocisland.

He laid stress on the necessityto open a direct route between Surat port city of Gujarat state and Vietnam to facilitatetravel and trade between the two nations.

Bien hailedthe SGCCI’s Global Connect Mission 84, which aims to promote India’s trade tieswith 84 countries worldwide, and envisages to connect some 84,000 young andtalented businessmen from Indian and those countries.

He described the initiative as an innovative endeavour which is different fromconventional approaches, adding entrepreneurs under the initiative, including Vietnamese,will have opportunities to enhance trade ties with Indian businessmen and the globalbusiness community.

Chairman of the International Entrepreneurs Connection Club Dinh Vinh Cuongspoke highly of the cooperation between Vietnamese businessmen and industrialproducers in Surat, thus he wants to work with the SGCCI to create favourableconditions to connect their members.

On this occasion, a Memorandum of Understanding was signed between the InternationalEntrepreneurs Connection Club and the SGCCI.

With its stable socio-political situation, dynamic economy, young human resources,and strategic position in the global supply chain, Vietnam is an ideal partnerfor India in the fields of investment, trade, cultural exchange and tourism./.
VNA

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