Organised by the Vietnam Trade Office in India, in coordination with industry bodies and government agencies, the event provided a platform for businesses to explore partnerships and promote bilateral trade. Around 50 Vietnamese and 100 Indian enterprises from across the fisheries value chain joined the seminar.
Participants in the online seminar (Screenshot photo: VNA)
New Delhi (VNA) – Vietnam and India are enhancing cooperation in the fisheries sector, with nearly 150 businesses๊ from both countries participating in an online seminar held on May 28, aiming at boosting tradღe and investment.
Organised by the Vietnam Trade Office in India, in coordination with industry bodies and government agencies, the event provided a platform for businesses to explore partnerships and promote bilateral trade. Around 50 Vietnamese and 100 Indian enterprises from across the fisheries value chain joined the seminar.
Trade Counsellor Bui Trung Thuong expressed his hope that the seminar will foster cooperation in aquaculture technology transfer, cold chain development, international trade promotion, and collaboration on quality control, traceability, and sustainability.
President of the Seafood Exporters Association of India (SEAI) Pawan Kumar proposed three key initiatives, including mutual participation in trade fairs, a rotating Asian seafood export fair, and a joint strategic group to share market insights and optimise supply chains. He pledged SEAI’s full support for these efforts.
Rama Sankar Naik, Commissioner at the Department of Fisheries of Andhra Pradesh state, highlighted cooperation opportunities in aquaculture and processing techniques, joint ventures, cold chain solutions, R&D on disease control, and human resource training.
Participants in the online seminar (Screenshot photo: VNA)
Vietnamese firms showcased the country’s advantages, including favourable natural conditions, a strong private sector, government support, benefits from free trade agreements, and a skilled workforce. They also noted challenges such as stricter market regulations; illegal, unreported, and unregulated (IUU) fishing rules, climate change, and changes in the US's trade policies.
India’s fast-growing fisheries sector offers significant potential for cooperation, especially with Vietnam, which shares similar strengths and complementary capabilities.
Closer collaboration between the SEAI and the Vietnam Association of Seafood Exporters and Producers (VASEP), and between enterprises in both countries, is seen as key to enhancing competitiveness, meeting global standards, and expanding export markets./.
Nearly 100 Vietnamese and Indian businesses, along with representatives from industry associations and trade promotion agencies, joined the event to explore partnerships and expand bilateral trade.
Vietnamese Ambassador to India Nguyen Thanh Hai highlighted the workshop as a key step in realising agreements from Prime Minister Pham Minh Chinh’s visit to India last year, where the two sides committed to boosting collaboration in technology and startups.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
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The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
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.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
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.
