Hanoi (VNA) – Vietnam is participating in the 37th India InternationalTrade Fair (IITF) held in New Delhi as a partnercountry. Speaking atthe opening ceremony on November 14, Indian President Ram Nath Kovind describedVietnam as a pillar in India’s Act East Policy. He expressedhis belief that the IITF, which lasts till November 27, will help reinforce thebilateral trade relations. Meanwhile,India’s Minister of Trade Suresh Prabhu highlighted Vietnam as an importanttrade partner of India. According tothe Vietnam Customs, two-way trade reached 5.62 billion USD in the first ninemonths of 2017, a year-on-year rise of 43.4 percent. The IndianMinistry of Industry and Trade expects the bilateral trade to hit 10.73 billionUSD at the end of this year. Nearly 3,000enterprises are taking part in the trade fair.-VNA
Cooperation in shipbuilding between Vietnam and India was the focus of discussion at a workshop jointly hosted by the Ministry of National Defence, the Vietnam Chamber of Commerce and Industry (VCCI).
The Embassy of India in Vietnam and the Vietnam Academy of Social Sciences (VASS) jointly held a workshop titled “Mahatma Gandhi: The Saint from Gujarat” in Hanoi on October 2.
Deputy Foreign Minister Nguyen Quoc Dung and his Indian counterpart Preeti Saran co-chaired the ninth political consultation and sixth strategic dialogue at the deputy foreign ministerial level between Vietnam and India in Hanoi on October 24.
The Vietnamese Embassy in New Delhi, India on October 27 held a meeting with over 100 local high school students and teachers to introduce the nation and people of Vietnam as well as the partnership between the two countries.
Director of the General Department of Politics of the Vietnam People’s Army Luong Cuong is on an official visit to India with the aim of enhancing defence ties between the two countries.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
At the opening ceremony (Photo VNA)
