Vietnam attends Vibrant Gujarat Global Summit in India
A Vietnamese delegation led by Deputy Minister of Industry and Trade Cao Quoc Hung is attending the eighth Vibrant Gujarat Global Summit in India from January 10-13, which focuses on sustainable socio-economic development.
Indian Prime Minister Narendra Modi speaks at the summit (Source: indiatimes.com)
New Delhi (VNA) – A Vietnamesedelegation led by Deputy Minister of Industry and Trade Cao Quoc Hung is attendingthe eighth Vibrant Gujarat Global Summit in India from January 10-13, whichfocuses on sustainable socio-economic development.
The event attracted many heads of state, senior governmentofficials and leaders from global economic corporations and institutes.
Speaking at the summit, Indian Prime MinisterNarendra Modi highlighted his country’s remarkable accomplishments.
He said India has become a bright spot in theglobal economy, referring to the “Make in India” initiative as the country’sever biggest brand.
Total foreign direct investment (FDI) pouredinto India hit 130 billion USD over the past two and a half years, he cited.
The PM revealed that India is the largestrecipient of foreign investment in the Asia-Pacific region.
He affirmed that creating a favourable businessenviromment to attract investment is a top priority of India.
On the sidelines of the summit, Deputy MinisterCao Quoc Hung took part in a meeting with the heads of delegations from othercountries and directors of Indian and international firms.
He later had a working session with theInfrastructure Leasing & Financial Services Limited (IL&FS), whichinvested in the Hanoi – Hai Phong highway project in Vietnam.
The official also visited Gift City – the firstsmart city in India, and worked with India’s Ministry of Steel and Ministry ofEnergy./.
Speaker of India’s Lower House Sumitra Mahajan and visiting National Assembly Chairwoman Nguyen Thi Kim Ngan agreed to enhance parliamentary relations during talks at in New Delhi on late December 9.
President of the India-Vietnam Solidarity Committee in West Bengal State Greetesh Sharma has suggested the two countries further promote bilateral friendship and solidarity.
Vietnamese Ambassador to India Ton Sinh Thanh has highlighted the bright prospects of the Vietnam-India ties in the future in an interview granted to the Vietnam News Agency.
Prime Minister Nguyen Xuan Phuc has congratulated the Vietnam-India Friendship Association on the 45th founding anniversary of bilateral diplomatic relations (January 7, 1972).
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Indian Prime Minister Narendra Modi speaks at the summit (Source: indiatimes.com) 
