New Delhi (VNA) - Vietnamesebusinesses are participating in the ASEAN Natural & Organic Show in Indiafrom December 15-17.
The event was held in Kolkta city of the westernstate of Bengal by the Associated Chambers of Commerce and Industry of India(Assocham) as part of the activities to mark the 45th anniversary ofVietnam-India diplomatic ties and 25th anniversary of ASEAN-India dialoguerelations.
Nearly 80 businesses from Vietnam, Singapore,Thailand, Malaysia, the Philippines, Bangladesh, and Russia and close to 200Indian firms are offering a variety of products such as pharmaceuticals,cosmetics, food supplements, foods, beverages, herbs, decorations, crafts, andnatural essential oil.
The Vietnamese firms brought clean coffee, teaand spices and soil fertilising organic products.
The natural and organic market in theAssociation of Southeast Asian Nations (ASEAN) is evaluated to hold a lot ofpotential. Its value is forecast to reach over 4.4 billion USD with averagegrowth of 9.5 percent, making up about 6.6 percent of the global organiccosmetics and functional food market by 2020.
Meanwhile, India is the world’s second exporterof functional foods and natural products, after China.-VNA