More than 150 Indian firms operating in different spheres in India attended a trade promotion programme held by the Vietnamese Ministry of Industry and Trade in New Delhi on July 18.
Electronics and parts are among Vietnam’s major exports to India. (Photo: cafeF)
New Delhi (VNA) – More than 150 Indian firms operating in different spheres in India attended a trade promotion programme held by the Vietnamese Ministry of Industry and Trade in New Delhi on July 18.
The programme is intended to create an opportunity for Vietnamese and Indian businesses to meet and cooperate in areas such as food processing, consumer goods, cosmetics, handicrafts, home furniture, and agricultural products.
On this occasion, a memorandum of understanding between the Indian Importers of Chambers of Commerce and Industry (IICCI) and the Association of Foreign Investment Enterprises (VAFIE) was signed.
Through the event, the Vietnamese Embassy in India and the ministry hope to provide more business and investment opportunities to enterprises from both sides.
According to data from the Indian Ministry of Commerce and Industry, trade turnover between the two nations reached 14.13 billion USD in the fiscal year 2021-2022 (April 2021-March 2022), creating a solid premise for achieving the 15 billion USD target set by leaders of the two countries./.
The Indian Consulate General in Ho Chi Minh City, in collaboration with the Vietnam-India Friendship Association in the city, organised a people-to-people exchange meet on June 25.
About 200 Vietnamese and Indian enterprises in the pharmaceutical and medical field participated in a networking event in Ho Chi Minh City on July 5, together exploring their ‘golden’ cooperation and investment opportunities in the post-pandemic period.
The Korea Customs Service (KCS) on July 15 announced it will jointly run an Electronic Origin Data Exchange System (EODES), which allows certificates of origin to be processed through electronic platforms, with Vietnam and India from next year.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
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A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.