The Vietnamese Trade Office in India set up a pavilion to sell handicraft products at the India International Mega Trade Fair (IIMTF), which took place in Kolkata city in West Bengal State from December 13-25.
The Vietnamese pavilion at the India International Mega Trade Fair 2019 (IIMTF) (Photo: VNA)
New Delhi (VNA) – The VietnameseTrade Office in India set up a pavilion to sell handicraft products at theIndia International Mega Trade Fair (IIMTF), which took place in Kolkata cityin West Bengal State from December 13-25.
The event is the second biggest of its kind inIndia after the annual international trade fair in New Delhi.
The 2019 IIMTF attracted almost 1,000 exhibitorsfrom India and 20 countries and territories across the world such as Egypt,Turkey, the United Arab Emirates (UAE), Afghanistan, Nepal, Bangladesh, SriLanka, Hong Kong, Thailand, Malaysia, Indonesia, China, and Vietnam.
Various kinds of products in the fields ofinnovation, handicraft, food, automobile, education, and information technologywere offered at the event.
A number of trade exchanges and workshops wereheld as part of the fair to help businesses share experience and seekcooperation opportunities.
According to statistics of the General Departmentof Vietnam Customs, trade between Vietnam and India reached 10.3 billion USD inthe first 11 months of 2019, a year-on-year rise of 3.6 percent.
Of which, Vietnam exported 6.25 billion USDworth of goods, up 2 percent compared to the same period last year.
In January-November, Vietnam posted a tradesurplus of 2.2 billion USD with India. Notably, Vietnam’s exports of handicraftproducts, rattan products and carpets to India for the first time exceeded 10million USD, up over 134 percent year-on-year./.
Vietnam can become a gateway for Indian businesses and goods to enter other large markets, according to Do Quoc Hung, head of the Asia-Africa Market Department under the Vietnamese Ministry of Industry and Trade.
The Vietnamese Government, people and army always attach importance to comprehensively and practically developing relations with India, a senior Vietnamese officer has said.
India feels that maritime links through the East Sea are critical to peace, stability, prosperity and development of the Indo-Pacific region due to which it is vital to ensure freedom of navigation.
The garment industry has called for investment in the underdeveloped textile, dyeing and fabric segments to meet the global supply chain demand, according to the Vietnam Textile and Apparel Association (VITAS).
A high-ranking military delegation of the Vietnam People’s Army (VPA) led by Sen. Lieut. Gen. Phan Van Giang, Chief of the General Staff of the VPA and Deputy Minister of National Defence, is on an official visit to India from November 24-28.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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.
The Vietnamese pavilion at the India International Mega Trade Fair 2019 (IIMTF) (Photo: VNA) 
