Vietnam, India working to promote trade ties

Source: VNS

19:39 | 18/07/2022 Import-Export Follow english.haiquanonline.com.vn on

More than 150 Indian firms operating in different spheres in India attended a trade promotion programme held by the Vietnamese Ministry of Industry and Trade in New Delhi on July 18.

Electronics and parts are among Vietnam’s major exports to India. (Photo: cafeF)

More than 150 Indian firms operating in different spheres in India attended a trade promotion programme held by the Vietnamese Ministry of Industry and Trade in New Delhi on July 18.

The programme is intended to create an opportunity for Vietnamese and Indian businesses to meet and cooperate in areas such as food processing, consumer goods, cosmetics, handicrafts, home furniture, and agricultural products.

On this occasion, a memorandum of understanding between the Indian Importers of Chambers of Commerce and Industry (IICCI) and the Association of Foreign Investment Enterprises (VAFIE) was signed.

Through the event, the Vietnamese Embassy in India and the ministry hope to provide more business and investment opportunities to enterprises from both sides.

According to data from the Indian Ministry of Commerce and Industry, trade turnover between the two nations reached 14.13 billion USD in the fiscal year 2021-2022 (April 2021-March 2022), creating a solid premise for achieving the 15 billion USD target set by leaders of the two countries./.

Source: VNS

en.vietnamplus.vn

Tags:

Related News

Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month

16:30 | 15/02/2025 Import-Export

VCN - Data from the General Department of Vietnam Customs indicates a softening of both exports and imports in January 2025, relative to the same month in 2024.

Import and export turnover reaches about US$29 billion in the second half of January 2025

14:52 | 14/02/2025 Import-Export

VCN - Vietnam's total import and export turnover in the second half of January 2025 (January 16-31, 2025) reached US$28.9 billion, the latest preliminary statistics of the General Department of Vietnam Customs reported.

In the first 15 days of 2025, total import-export turnover reached more than US$34 billion

09:58 | 06/02/2025 Import-Export

VCN - Total import-export turnover in the first half of January 2025 reached more than US$34 billion, the trade balance had a deficit of nearly US$2 billion.

Highlights of imports and exports in 2024

20:30 | 25/01/2025 Import-Export

VCN – In 2024, import and export set a new record of US$786.29 billion, including many outstanding results from key markets and industries.

Latest News

Embracing green exports: a pathway to enter global supply chains

10:33 | 20/02/2025 Import-Export

This shift presents both a challenge and an opportunity for Vietnamese businesses to innovate and enhance their competitive edge in the international arena.

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

10:32 | 20/02/2025 Import-Export

The ministry proposes to issue a decree on the establishment, management and use of the Investment Support Fund to stabilise the investment environment, encourage and attract strategic investors and multinational corporations.

Việt Nam’s durian exports to China plummet by 80%

16:18 | 19/02/2025 Import-Export

This sharp decline has had a direct impact on Việt Nam’s fruit and vegetable export revenue, which stood at US$416 million in January 2025, marking a 11.3 per cent decrease month-on-month and a 5.2 per cent drop year-on-year.

Coconut exports reach 14-year high

15:29 | 18/02/2025 Import-Export

In 2024, fresh coconut and coconut product exports surpassed US$1 billion, marking the highest figure in the past 14 years.

More News

Shrimp exports grow in the first month of 2025

15:28 | 18/02/2025 Import-Export

According to data from the Việt Nam Association of Seafood Exporters and Producers (VASEP), shrimp products recorded a 13 per cent increase in export value in January 2025, reaching a total of $273.3 million.

Rice export prices drop, but decline expected to be short-term

08:10 | 17/02/2025 Import-Export

Việt Nam’s rice export prices have declined, reaching their lowest level in three years.

Key agro products expected to maintain export growth this year

08:08 | 17/02/2025 Import-Export

At present, agricultural exports, such as rice, coffee and seafood, have steadily secured a stable place in major global markets.

EU issues 12 warnings against Việt Nam’s food and agricultural exports

08:07 | 17/02/2025 Import-Export

The Việt Nam SPS Office has reported that some Vietnamese export products failed to meet the EU’s stringent standards.

Việt Nam to impose VAT on low-value express-imported goods

08:06 | 17/02/2025 Import-Export

Việt Nam will end a previous policy that exempted imported goods valued under VNĐ1 million (US$39.4) from taxes when shipped via express delivery.

Exchange rate risks need attention in near future

16:31 | 15/02/2025 Import-Export

VCN - Exchange rate developments in 2025 are considered to be quite complicated due to US policies related to trade and investment.

Market edges up slightly as liquidity remains low

14:48 | 14/02/2025 Import-Export

Market breadth remained positive, with 161 gainers outnumbering 144 decliners.

Business regulations must be trimmed for development of enterprises: Experts

14:46 | 14/02/2025 Import-Export

The General Statistics Office (GSO)'s socio-economic report for January 2025 reveals that while over 33,400 newly established or resumed businesses entered the market - marking a 15% increase compared to January 2024 - more than 58,300 businesses withdrew from the market, representing a growth of 8.1% on year.

Vietnam's agricultural product exports shine in 2024

14:44 | 14/02/2025 Import-Export

The agricultural sector wrapped up 2024 with 62.4 billion USD in export turnover, marking an 18.5% increase against 2023, while achieving a record trade surplus of 18.6 billion USD, surging 53.1%.

Your care

Latest Most read