Vietnam President invites Indian businesses to invest in his country
The Dollar Business Bureau President of Vietnam, Tran Dai Quang extended invite to business communities in India to invest in Vietnam and said that his country offers conducive environment and sustainable development. “India continues to be among Vietnam’s top ten trading partners as the bilateral trade turnover has increased 16% per annum on average in the past decade,” the Vietnamese President said while addressing a business meeting jointly organised by ASSOCHAM, CII and FICCI in New Delhi on Saturday. “India has given priority to Vietnam in development cooperation and education and training, and paid attention to promoting bilateral cooperation in science and technology, information and communication, energy, oil and gas, agriculture and tourism,” he said. “India has actively supported Vietnam in training, capacity building, ...
Modi in Vietnam; to discuss ways to boost defence
PTI Prime Minister Narendra Modi flew into the Vietnamese capital on his maiden visit to hold wide-ranging talks with the country's top leadership on ways to bolster strategic bilateral ties in key areas like defence, security, counter-terrorism and trade. "Reached Hanoi. This is a special visit & will go a long way in deepening the strong bond between India & Vietnam," Modi tweeted on Friday. The visit, that marks the first by an Indian premier to the country in 15 years, takes place on his way to Hangzhou, China to attend the G20 Summit beginning Sunday. Modi will hold extensive talks with Vietnamese Prime Minister Nguyen Xuan Phuc and call on President Tran Dai Quang tomorrow. He ...
Govt assures support to pvt cos for defence exports
The Dollar Business Bureau Union Defence Minister Manohar Parrikar has assured the Indian private sector to offer complete support from the Ministry of Defence, Defence Research and Development Organisation (DRDO) and the Defence Public Sector Undertakings (DPSUs) in realising the national objective of defence exports to friendly countries at competitive prices. He said this during his official visit to Hanoi, Vietnam on Monday. Indian private sector should take the initiative in the modernisation of Vietnam’s defence forces. This will strengthen the diplomatic and military ties between both the countries. Also it will open the doors of strategic exports from India, the minister said. In his visit to Vietnam, he was accompanied by a composite defence delegation from India. Along with the minister, they ...
India looks beyond Vietnam in CLMV to boost trade
The Dollar Business Bureau India has accorded high priority to economic engagements with CLMV countries, and is establishing seamless physical connectivity with the region The Indian government has said that it will focus on increasing bilateral ties with countries in the CLMV region, comprising Cambodia, Lao PDR, Myanmar, and Vietnam under its “Look East” policy. Speaking at the CLMV Business Conclave, India’s Commerce Minister, Nirmala Sitharaman, said that India’s trade with the CLMV countries is mostly with Vietnam and in a few items and there is a tremendous scope to deepen and widen the trade basket in India’s trade ties with this region. She said, “Currently, 70-80% of India-CLMV trade is centred around only a few products. I think ...
