Forum Aims to Boost Vietnam-India Trade, Investment Ties
A business forum was held in Hanoi on November 2 in an effort to boost trade and investment partnerships between Vietnam and India – one of the 10 biggest trade partners of the Southeast Asian nation.
Mr Hoang Quang Phong, Vice President of the Vietnam Chamber of Commerce and Industry (VCCI) – the forum organiser, said strengthening bilateral trade and investment cooperation is among activities promoted by the two Governments from now to 2020 so as to realise the countries’ strategic partnership.
Indian Ambassador to Vietnam Parvathaneni Harish said his country’s delegation to Vietnam this time includes President of the Confederation of Indian Industry Naushad Forbes, and executives of big groups and enterprises that want to invest in renewable energy, information technology, infrastructure and consumer goods production.
The forum is to concretise the commitments made between the Governments during Indian Prime Minister Narendra Modi’s working visit to Vietnam last September, he noted.
Phong said despite certain difficulties like a shortage of market information, consumers’ different tastes and a coincidence in export items, enterprises’ activeness and the two Government’s facilitation as well as regular trade promotion activities or business forums will be a considerable driving force for the intensification of the Vietnam-India strategic partnership.
VNA