Hanoi expects strong investment flows from India: official

Hanoi hopes for strong investment flows from India: official

Secretary of the Hanoi Party Committee Dinh Tien Dung received Indian Ambassador to Vietnam Sandeep Arya on July 4, saying the capital city hopes to welcome strong investment flows from the South Asian country.
Hanoi hopes for strong investment flows from India: official ảnh 1The meeting between Secretary of the Hanoi Party Committee Dinh Tien Dung and Indian Ambassador to Vietnam Sandeep Arya on July 4. (Photo: VNA)
Hanoi (VNA) - Secretary of the Hanoi Party Committee Dinh Tien Dung received Indian Ambassador to Vietnam Sandeep Arya on July 4, saying the capital city hopes to welcome strong investment flows from the South Asian country. 

Dung, who is also a Politburo member, stressed that Vietnam always treasures the friendship and comprehensive strategic partnership with India.

He also highlighted the reinforced ties between Hanoi and India as seen in the annual celebrations of the International Day of Yoga since 2015, increased people-to-people exchanges, and the large number of Indian visitors to the city.

However, Indian investment in Hanoi remains modest and has yet to match the two sides' potential and advantages, Dung pointed out, calling for Indian firms to invest in the pharmaceutical industry in Hoa Lac Hi-Tech Park, which will be transferred from the Ministry of Science and Technology to the municipal People's Committee.

The capital wishes to receive stronger investment from Indian investors to the fields they are strong at such as the processing and manufacturing industry, information and communications technology, energy, hi-tech agriculture, innovation, and infrastructure development, he went on.

It also hopes to step up cooperation with India in other fields, including connecting their historical and cultural relic sites to popularise culture and promote tourism of both sides, holding cultural and sport exchanges, exchanging delegations of experts to share experience in restoring relic sites, and boosting trade promotion activities.

In the time to come, Hanoi hopes to help develop the friendship between Vietnam and India, as well as with New Delhi to a new height, according to the official.

At the meeting, Arya shared the view that the two countries should exert more efforts to fuel bilateral economic and investment links.

He underlined the Indian Government's intention to seek more opportunities to enhance business, investment, and trade partnerships with Vietnam, particularly in the areas matching the two sides' strength and demand such as high technology, energy, agriculture, and the pharmaceutical industry.

The diplomat perceived that the expansion of the Indian business community in Hanoi shows Indian people's satisfaction of the local living and working conditions, and this is a basis for attracting more Indian tourists to the city.

He also asked for support from local authorities for events of cultural and people-to-people exchanges, which he said will provide a solid stepping stone for bilateral relations to grow further with Hanoi at the centre.

Agreeing with his guest, Dung said Hanoi will prioritise the cooperation areas that both sides has potential and demand for. He also expressed his hope that the ambassador will continue fulfilling his role as a bridge linking the two countries' businesses and governments./.
VNA

See more

Illustrative image (Photo: VNA)

PM meets with Kazakh, Turkmen, Ethiopian leaders

Vietnamese Prime Minister Pham Minh Chinh had brief meetings with President of Kazakhstan Kassym-Jomart Tokayev, President of Turkmenistan Serdar Berdimuhamedow, and Prime Minister of Ethiopia Abiy Ahmed on the sidelines of the expanded BRICS Summit in Kazan city of Russia on October 23 evening (local time).

The seminar brings together Vietnamese researchers in Russia, young scientists of Vietnam and China, and experts from other specialised fields. (Photo: VNA)

Seminar spotlights Vietnam studies in Russia

An international seminar titled "Current issues in Vietnam studies” took place at the Centre for Vietnam and ASEAN Studies (CVAS) of the Institute of China and Contemporary Asia under the Russian Academy of Sciences on October 23.

PM meets with Chinese top leader on sidelines of BRICS+ Summit

PM meets with Chinese top leader on sidelines of BRICS+ Summit

Vietnamese Prime Minister Pham Minh Chinh had a meeting with General Secretary of the Communist Party of China Central Committee and President of China Xi Jinping on the sidelines of the expanded BRICS Summit in Kazan, Russia, on October 23 (local time).

Vietnamese Prime Minister Pham Minh Chinh (L) meets with Turkish President Recep Tayyip Erdogan in Kazan on October 23 evening (local time). (Photo: VNA)

Vietnamese PM meets with Turkish President in Russia

Vietnamese Prime Minister Pham Minh Chinh had a meeting with Turkish President Recep Tayyip Erdogan in Kazan on October 23 evening (local time) within the framework of his trip to Russia for attendance at the expanded BRICS Summit.

Prime Minister Pham Minh Chinh (R) and Lao Party General Secretary and State President Thongloun Sisoulith in Kazan, Russia, on October 23 when attending the expanded BRICS Summit. (Photo: VNA)

PM Pham Minh Chinh meets Lao top leader

Prime Minister Pham Minh Chinh met with Lao Party General Secretary and State President Thongloun Sisoulith in Kazan, Russia, on October 23 (local time), while there to attend the expanded BRICS Summit.

Deputy Minister of Justice Nguyen Thanh Tinh. (Photo: VNA)

Party leader’s article creates new vitality to building, perfection of rule-of-law socialist State: Official

Party General Secretary To Lam’s article entitled “Promoting Party characteristics in building a law-governed socialist State in Vietnam” brings a breath of fresh air and creates new vitality to the promotion of building and perfecting the Vietnamese rule-of-law socialist State of the people, by the people, and for the people in a faster and more effective manner, commended Deputy Minister of Justice Nguyen Thanh Tinh.

Prime Minister Pham Minh Chinh arrives in Kazan city of Russia (Photo: VNA)

PM arrives in Kazan, starting trip to attend BRICS Summit

Prime Minister Pham Minh Chinh and a high-ranking delegation of Vietnam arrived in Kazan city of Russia on October 23 morning local time), beginning his two-day trip to attend the expanded BRICS Summit, at the invitation of President Vladimir Putin, Chair of BRICS 2024.