Indian businesses eye investment opportunities in Nam Dinh
An Indian business delegation led by Vishvajit Sahay has visited and studied the investment and business environment of the northern province of Nam Dinh.
An Indian business delegation led by Vishvajit Sahay, head of the Ministry of Heavy Industries and Public Enterprises’ heavy industry department has visited and studied the investment and business environment of the northern province of Nam Dinh.
During the working session on October 13 with local leaders, Indian investors and businesses paid attention to Nam Dinh’s investment incentives, especially in garment and textiles, while learning about industrial zone and transport infrastructure and local labour forces.
Vishvajit Sahay said Indian enterprises want to expand their business to other countries, including Vietnam.
The Indian government always creates conditions for Vietnamese firms to invest in India and vice versa, he said, adding the government decided a preferential credit for projects in the Southeast Asian nation.
Chairman of the provincial People’s Committee Doan Hong Phong briefed the guest on Nam Dinh’s potential and advantages such as young, abundant labour forces, comprehensive transport and energy infrastructure and safe investment climate.
Nam Dinh has issued a number of policies and incentives on investment, especially for major projects using clean technology in agriculture, ship building, pharmaceuticals, electronics, information technology and tourism, he added.-VNA
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Illustrative image (Photo: VNA)
