Vietnam-India two-way trade increases rapidly
Two-way trade
between Vietnam and India has increased almost 20-fold during the
past decade, the Indian Consul General has said.
Indian Consul
General in Ho Chi Minh City , Abhay Thakur reported this news at a
get-together to celebrate the 62 nd anniversary of the Republic of
India , in Ho Chi Minh City on Feb. 16.
Bilateral trade
rose from 200 million USD in 2000 to over 1.2 billion USD in 2006, 2.7
billion USD in 2010 and 3.9 billion USD in 2011.
Abhay Thakur
affirmed that Vietnam has always been a special and sincere friend of
India, in both bilateral ties and at regional forums, adding that
Vietnam remains in a strategic position in the foreign priorities
under the “Look East” policy of India .
He said India is
willing to further strengthen cooperative contents with Vietnam
based on the spirit of the “Vietnam-India Strategic Cooperation” that
was signed by the two countries in 2007, especially in the fields of
business, science and technology and culture.
The total
investment of Indian enterprises in Vietnam has now reached more
than 771 million USD and two-way trade between the two countries is
expected to hit 7 billion USD by 2015./.