President calls on Indian firms to do business in Vietnam
Vietnam always treasures and encourages foreign investors, including those from India, to invest and do business in the country, President Tran Dai Quang told Indronil Sengupta, Chief Executive – Vietnam at Tata Sons.
President Tran Dai Quang (right) shakes hands with Indronil Sengupta, Chief Executive – Vietnam at Tata Sons. (Photo: VNA)
Hanoi (VNA) – Vietnamalways treasures and encourages foreign investors, including those from India, toinvest and do business in the country, President Tran Dai Quang told IndronilSengupta, Chief Executive – Vietnam at Tata Sons.
Speaking at a reception for Sengupta inHanoi on February 13, President Quang said the Government of Vietnam iscontinuing with reform and improving business regulations to meet internationalstandards and create favourable conditions for foreign investors.
He said developing energy, particularlyrenewable energy, is a priority of Vietnam, expressing his belief that whenLong Phu 2 thermal power plant is completed, it will pave the way for Indian projectsto enter Vietnam.
The President asked Tata Group tofast-track the project and put the thermal plant into operation on schedule.
President Quang spoke highly of Tata’smove to expand business operations to other fields in Vietnam, including portdevelopment and coffee production and processing.
He hoped that enterprises from Vietnamand India will propose ideas to step up two-way trade and investment betweenthe two countries at the upcoming Vietnam – India Business Forum in a bid tolift bilateral trade to 15 billion USD as soon as possible.
Sengupta informed President Quang aboutthe Tata Group’s projects in Vietnam, including a 70-million-USD coffeeprocessing facility in Binh Duong and solar power projects in four provinces witha combined capacity of 250 mW.
He affirmed that Tata is working hard tocomplete these projects on schedule and wants to expand to other fields inVietnam.
Found in 1869, Tata Group is one of India’slargest conglomerates, which has been present in over 40 countries andterritories and among India’s biggest investors in Vietnam. It is building theLong Phu 2 thermal power plant in the Mekong Delta province of Soc Trang.-VNA
The southern province of Binh Phuoc announced on November 17 that it has approved an investment plan for a 54 million USD solar power plant project funded by Indian Tata Power Company.
Standing Vice Chairman of Ho Chi Minh City People’s Committee Le Thanh Liem on December 19 hosted an Indian business delegation led by Executive Director of Tata Sons in Vietnam Indronil Sengupta.
Prime Minister Nguyen Xuan Phuc met with top executives of several leading Indian businesses, namely Tata, Larsen & Toubro (L&T), ONGC, and vDoIT shortly after arriving in New Delhi on January 24.
Prime Minister Nguyen Xuan Phuc and his entourage arrived in Hanoi on January 26 night, concluding their India visit to attend the ASEAN-India Commemorative Summit.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
The General Secretary underlined the resolve to achieve a growth rate of at least 8% in 2025, laying the groundwork for double-digit growth in the following period. He noted that these are mandatory targets, with no alternative path to success.
Restructuring and improving the quality of officials, civil servants, and public employees is no longer a choice, but an urgent requirement to transition from administrative management to governance in service of the people.
The Vietnamese Embassy in Israel has advised Vietnamese people living there to proactively prepare and seek ways to leave the country via land border crossings, especially toward Jordan or Egypt, when security and safety conditions allow.
President Tran Dai Quang (right) shakes hands with Indronil Sengupta, Chief Executive – Vietnam at Tata Sons. (Photo: VNA) 
