At the Vietnam-India business and investment conference held in the southern province of Binh Phuoc on March 22. (Photo: VNA)
Binh Phuoc (VNA) – A Vietnam-India business and investment conference was held in the southern province of Binh Phuoc on March 22 by the provincial People's Committee.
Speaking at the event, Director of the provincial Centre for Investment, Trade and Tourism Promotion Tran Quoc Duy expressed his confidence that the combination of Binh Phuoc's advantages and Indian firms’ experience, financial capacity, and business management skills will yield tangible benefits for both sides. He pledged to provide support and favourable conditions for investment, production and business activities and implementation of projects by enterprises.
In his remarks, Consul General of India in Ho Chi Minh City Madan Mohan Sethi highly lauded the province’s potential in industries, agriculture and exports as well as its investment attraction policies targeting domestic and foreign enterprises.
Noting that many Indian businesses have shown interest in and conducted research on the destination, the diplomat expressed his hope that there will be exchanges and collaboration between them and Binh Phuoc to further strengthen the Vietnam-India relations in the time to come.
The southern province holds a strategic position in the East-West economic corridor, serving as the Southeastern region’s gateway to the Central Highlands, deep-water ports, international airports, and to Cambodia, Laos, and Thailand.
Currently, Binh Phuoc has 13 industrial parks covering a total area of 6,061 ha, with an occupancy rate of nearly 70%. Between 2021 and 2030, it plans to expand its industrial land by 10,400 ha./.
The Trade Office of Vietnam in India held a webinar on July 12 to give Vietnamese businesses guidance in how to look for information about and deal with trade disputes with Indian partners.
A trade promotion and business matching event between Vietnam’s southern province of Dong Nai and India took place in New Delhi on September 6, attracting a number of enterprises from both countries.
Representatives of hundreds of Vietnamese enterprises operating in the electricals and electronics industries, and those from the Indian Electrical and Electronics Manufacturers' Association (IEEMA) gathered in Hanoi on December 5 for a meeting jointly held by Invest Global and the Indian Embassy in Vietnam.
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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.
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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.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
At the Vietnam-India business and investment conference held in the southern province of Binh Phuoc on March 22. (Photo: VNA) 
