200 Vietnamese, Indian medical firms join annual networking event
About 200 Vietnamese and Indian enterprises in the pharmaceutical and medical field participated in a networking event in Ho Chi Minh City on July 5, together exploring their ‘golden’ cooperation and investment opportunities in the post-pandemic period.
HCM City (VNA) – About 200 Vietnamese and Indianenterprises in the pharmaceutical and medical field participated in anetworking event in Ho Chi Minh City on July 5, together exploring their ‘golden’cooperation and investment opportunities in the post-pandemic period.
The annual conference was co-organised by the VietnamChamber of Commerce and Industry's Branch in Ho Chi Minh City (VCCI-HCM) andthe Pharmaceuticals Export Promotion Council of India (Pharmexcil).
As heard at the function, businesses of the sides arelooking for joint pharmaceutical partnerships, particularly in COVID-19 vaccineproduction.
In the medical area, outstanding Indian projects in Vietnam include a500-million-USD pharmaceutical industrial park in Thanh Hoa province and an internationalpharmaceutical park worth 10-12 billion USD in Hai Duong province.
Recently, Vietnam revised regulations and Indianbusinesses meeting the quality requirements are free to participate in biddingpackages to supply drugs and pharmaceuticals to public health facilities.
At the event (Photo: VNA)
Pranay Verma, Indian Ambassador to Vietnam, highlighted theimportance and potential of the countries’ pharmaceutical and medical trade andinvestment. India has been a drug factory of the world, while Vietnam is anattractive market for both the global and India pharmaceutical industries forits large population and increasing people's average income, he noted.
India will back enterprises regarding administrativeprocedures to help beef up collaboration in the sphere, the diplomat said,stating that Vietnam is a key nation in India’s Look East policy reflectedthrough the sides’ multifaceted cooperation in recent years.
Director of the VCCI-HCM Tran Ngoc Liem said pharmaceuticaland medical partnership, among joint works in many other fields of the nations’strength and advantages, will help the two soon realise their target of 15billion USD in bilateral trade./.
Vietnam and India hold plenty of advantages and potential to boost cooperation and investment in pharmaceuticals and medical equipment, heard at a webinar co-held by the Vietnam Chamber of Commerce and Industry's Branch in Ho Chi Minh City (VCCI-HCM) and the Pharmaceuticals Export Promotion Council of India (Pharmexcil) on December 18.
The Trade Office at the Vietnamese Embassy in India and the Confederation of Indian Industry (CII) have co-organised a virtual conference to promote trade and investment ties between Vietnamese localities and India’s Andhra Pradesh state.
The Indian Consulate General in Ho Chi Minh City, in collaboration with the Vietnam-India Friendship Association in the city, organised a people-to-people exchange meet on June 25.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
At the event (Photo: VNA) 
At the event (Photo: VNA) 
