A Vietnam - India business meeting in Ho Chi Minh City in July 2015 (Photo: VNA)
Hanoi (VNA) – Vietnamese and Indian businesses gathered in Hanoi on December 2 to exchang♈e information and seek partnerships.
Organised by the Vietnam Chamber of Commerce and Industry (VCCI), the Vietnam-India Business Meeting saw the participation of 15 Indian companies.
Addressing the function, VCCI Vice President Hoang Quang Phong said that India is a big trade partner of Vietnam, with two-way trade hitting 5.6 billion USD in 2014. Indian businesses have so far poured about 300 million USD into 87 projects in Vietnam.
Vietnamese enterprises hope to receive technological support from India in the fields of tea processing, mining, information technology and heavy industry, which are India’s strengths, he said.
Indian businesses stated that India is a market of great potential and demand but bilateral trade and investment cooperation is yet to match both sides’ potential and meet their aspirations.
At the seminar, Indian firms operating in food processing, environmental pollution control, electronics, pharmaceuticals and mechanical engineering expressed their wish to study the Vietnamese market.-VNA
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Senior agricultural officials of Vietnam and India on September 30 agreed to form a joint working group to examine opportunities and resolve problems hampering the trade of agro-products.
The Union Cabinet of India has approved the Protocol amending the agreement on avoidance of double taxation and prevention of fiscal evasion for income taxes.
An Indian business delegation led by Vishvajit Sahay has visited and studied the investment and business environment of the northern province of Nam Dinh.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
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The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
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Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
A Vietnam - India business meeting in Ho Chi Minh City in July 2015 (Photo: VNA)
