NEW DELHI (VNS) — Viet Nam welcomed investors from India, General Secretary of the Communist Party of Viet Nam (CPV) Nguyen Phu Trong said at an Indian Business Forum in Mumbai as part of his State visit to India. Trong said trade and investment between Viet Nam and India was growing strongly. India is one of Viet Nam’s 10th largest trading partners. Two-way trade has grown at an annual rate of more than 12 per cent in recent years, reaching US$3.94 billion in 2012. The two sides target $7 billion in bilateral trade by 2015 and $15 billion by 2020. By June 2013, Indian businessmen had established 74 projects in Viet Nam with a total registered investment of more than $252 million. Trong told representatives from Indian companies that he and Indian Prime Minister Manmohan Singh had witnessed the signing of a series of important co-operation documents between the two countries. However, he noted that bilateral trade remained modest, expressing the wish that the two sides exert more efforts to foster co-operation. The Party leader said that relations between Viet Nam and India had become closer since a strategic partnership was established in 2007. He said that potential for co-operation… Read full this story
- Viet Nam to go digital or lose out: Deputy PM Dam
- Viet Nam's coffee exports up in H1
- Láng Hòa Lạc High Tech Park will become tech centre for Việt Nam
- Kazakhstan Ambassador calls for deeper cooperation with Việt Nam
- Việt Nam's coffee exports up in H1
- Việt Nam effectively curbs impacts of drought, saline intrusion in Mekong Delta
- Bac Lieu power plant investor to reach electricity price contract before October
- Viet Capital Bank acquires VNG’s electronic customer identification solution
- Why Are Global Investors Chasing India's Reliance Industries With Multi-Billion Dollar Investments?
- China agrees on LAC disengagement, says exchanged frank views and reached a positive consensus with India
Viet Nam welcomes investors from India have 325 words, post on vietnamnews.vn at November 23, 2013. This is cached page on Talk Vietnam. If you want remove this page, please contact us.