Vietnam, India hold huge potential to expand trade: Diplomat

Vietnam and India boast huge potential to further foster cooperation in trade and investment as both sides have many young and proactive businessmen who are able to create wonderful business opportunities between the two countries, Vietnamese General Consul in Mumbai Le Quang Bien has said.
Vietnam, India hold huge potential to expand trade: Diplomat ảnh 1Vietnam and India boast huge potential to further foster cooperation in trade and investment. (Photo: VNA)
New Delhi (VNA) – Vietnam and India boast huge potential to further foster cooperation in trade and investment as both sides have many young andproactive businessmen who are able to create wonderful business opportunitiesbetween the two countries, Vietnamese General Consul in Mumbai Le Quang Bien has said.

Attending a ceremony to mark the 84th founding anniversary of the SouthernGujarat Chamber of Commerce and Industry (SGCCI) on October 11, Bien stressed that India, with rapid growth and on the way to become a 5-trillion-USD economy by 2027, has been a potential and trustworthy business partner of Vietnam.

Vietnam always treasures trade cooperation as well as cultural and people-to-peopleexchanges with India, he said, adding many destinations in the Southeast Asiancountry has been chosen by Indians to organise weddings, including Phu Quocisland.

He laid stress on the necessityto open a direct route between Surat port city of Gujarat state and Vietnam to facilitatetravel and trade between the two nations.

Bien hailedthe SGCCI’s Global Connect Mission 84, which aims to promote India’s trade tieswith 84 countries worldwide, and envisages to connect some 84,000 young andtalented businessmen from Indian and those countries.

He described the initiative as an innovative endeavour which is different fromconventional approaches, adding entrepreneurs under the initiative, including Vietnamese,will have opportunities to enhance trade ties with Indian businessmen and the globalbusiness community.

Chairman of the International Entrepreneurs Connection Club Dinh Vinh Cuongspoke highly of the cooperation between Vietnamese businessmen and industrialproducers in Surat, thus he wants to work with the SGCCI to create favourableconditions to connect their members.

On this occasion, a Memorandum of Understanding was signed between the InternationalEntrepreneurs Connection Club and the SGCCI.

With its stable socio-political situation, dynamic economy, young human resources,and strategic position in the global supply chain, Vietnam is an ideal partnerfor India in the fields of investment, trade, cultural exchange and tourism./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.