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Mentioning bilateral ties, the two sides agreed to intensify measures to implement the outcomes of the virtual talks between the two countries’ Prime Ministers on December 21, 2020, and realise the targets and commitments in the Vietnam-India Joint Vision Statement for Peace, Prosperity and People, and the action plan for the implementation of the Vietnam-India comprehensive strategic partnership for 2021-2023./. … [Read more...] about Indian Government sends aid to flood victims in central Vietnam

Hanoi (VNS/VNA) - Experts have pointed out lots of opportunities for Vietnamese and Indian enterprises in the pharmaceutical industry in Vietnam. In an effort to promote trade and investment in the pharmaceutical sector, the Embassy of India, the International Investment Promotion Alliance, the Association of Foreign Invested Enterprises and the Vietnam Chamber of Commerce and Industry (VCCI) organised a seminar in Hanoi on January 21 to connect experts and enterprises from the two countries. According to the embassy, India was popularly known as the pharmacy of the world, earning its credibility as one of the largest manufacturers of generic drugs. It also said the Indian pharmaceutical sector supplies over 50 percent of global demand for various vaccines, 40 percent of generic demand in the US and 25 percent of all medicine in the UK. Indian drugs are exported to more than 200 countries in the world, with the US being the key market. Indian pharmaceutical exports, … [Read more...] about Vietnamese, Indian pharmaceutical firms have great opportunities in Vietnam

With these new infection cases, the number of imported Covid-19 patients in Vietnam has increased to 854. As of 6 pm on January 22, a total of 1,411 Covid-19 patients had recovered and been discharged from hospital. There have been 35 deaths, most of them being the elderly with serious underlying diseases. At present, over 18,000 people who had close contact with Covid-19 patients or returned from virus-hit areas are being monitored at hospitals, quarantine facilities, and at home. … [Read more...] about Indian man among two new imported Covid-19 patients in Vietnam

Indronil Sengupta, president of India Chamber of Commerce in Hà Nội, said: “India has a large pool of scientists and engineers with potential to steer the industry ahead to greater heights,” measuring the market size of Viet Nam, with nearly 100 million of people, had an estimated total value of $7 billion in 2019 and would be growing at 8 per cent till 2024. … [Read more...] about Vietnamese, Indian pharmaceutical enterprises have great opportunities in Viet Nam

Vietnam and India established their strategic partnership in 2007. In 2019, Vietnam spent more than US$4.5 billion on imports from India, surging over 65% from the figure in 2016. In addition, Vietnam’s export revenue from the Indian market tripled during the period from US$2.6 billion to nearly US$6.7 billion. … [Read more...] about Indian firms on lookout for long-term investments in Vietnam