Seven Vietnamese enterprises are showcasing their products at Vibrant Tamil Nadu - Global Expo & Summit 2018 in the Indian state of Tamil Nadu, which runs from August 12-15.
Vietnamese representatives take a photo at Vibrant Tamil Nadu 2018 (Source: VNA)
New Delhi (VNA) – Seven Vietnamese enterprises are showcasing theirproducts at Vibrant Tamil Nadu - Global Expo & Summit 2018 in the Indian stateof Tamil Nadu, which runs from August 12-15.
The food andbeverage expo also features nearly 200 Indian firms and representatives from 29other nations.
Several workshopson food, processed food and beverages and measures to boost the sector’sdevelopment have been held at the event, along with meetings betweenparticipating firms and state authorities.
The Vietnameseenterprises discussed the possibility of signing some memoranda ofunderstanding on cooperation in food production and processing and oninvestment in industrial zones with Indian partners.
Bui Trung Thuong, Chiefof the Vietnam Trade Office in India, briefed Indian partners on Vietnam-Indiaeconomic and trade ties, the prospects of the Vietnamese food sector andopportunities for the two countries’ businesses.
India ranks 27thamong 126 countries and territories investing in Vietnam with nearly 200projects worth about 875 million USD. Last year, two-way trade reached 7.63billion USD, with the figure expected to hit 15 billion USD in 2020.-VNA
Vietnamese Ambassador to India Ton Sinh Thanh stated that he is optimistic that Vietnam-India bilateral trade will hit 15 billion USD by 2020, during his remarks at the international conference “India-Vietnam: Strengthening Economic Ties” in New Delhi on July 26-27.
Vietnam and India share high potential of cooperation in pharmaceuticals, medical equipment and services, stated Parvathaneni Harish, Indian Ambassador to Vietnam during a Vietnam-India conference and business exchange in HCM City on August 3.
The comprehensive strategic partnership between Vietnam and India is enjoying dynamic and substantive development, according to Vietnamese Ambassador to India Ton Sinh Thanh.
A get-together was held in Ho Chi Minh City on August 14 to celebrate the 72nd Independence Day of India, showing the friendship and solidarity between the people of Ho Chi Minh City and India.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.