Vietnamese companies to take part in India business summit

Wednesday, Jul 10, 2019 19:00

K Srikar Reddy, the Indian consul general in HCM City, speaks at the seminar held in HCM City on July 10 to introduce the Vibrant Goa Global Expo and Summit. — VNS Photo

Vietnamese enterprises are set to take part in the Vibrant Goa Global Expo and Summit to be held in October in Goa, India, delegates have told a seminar to introduce the event in HCM City.

The expo will focus on business opportunities in the Indian state, bringing customers, manufacturers, importers, exporters, buyers and sellers, service providers, professionals, traders, infrastructure providers and others together.

A knowledge summit will be organised concurrently, with various topics such as opportunities in the global pharma and bio-tech sector, lessons from key eco-friendly global tourist hubs, emerging trends in global wellness and medical tourism, and prospects in the global agro and food processing industry delivered by various national and international speakers.

Speaking at the seminar, K Srikar Reddy, the Indian consul general in HCM City, said: “Participating in the Vibrant Goa Global Expo and Summit will provide opportunities for Vietnamese enterprises to co-operate with Indian enterprises for mutual benefit in the fields of agriculture and food, building materials, construction, real estate, tourism, wellness, light engineering, pharmaceuticals, bio-tech, shipbuilding, IT, and services.”

Vo Tan Thanh, director of the Viet Nam Chamber of Commerce and Industrys HCM City branch, said India and Viet Nam are both dynamic and rapidly developing economies in Asia.

Bilateral trade and investment remain low compared to the potential of the two sides meaning there is still a lot of room to enhance them, he said.

“Viet Nam wishes to work together with India in India's leading programmes such as Make in India, Start-up India and Digital India as well as the Vibrant Global Expo and Summit series of exhibitions, which have been initiated in recent years.

“We hope that Vietnamese enterprises in the fields of agricultural products and food processing, emerging technology, electrical engineering, real estate, building materials, IT, pharmaceutical and microbiological technology, travel, health tourism and medical treatment, and shipbuilding will actively participate in the Vietnamese delegation sent by the VCCI to the [summit].”

Goa is a small coastal state in western India with a population of 1.5 million.

It is one of the fastest growing states in India with the highest per capita income in India and has strength in pharmaceuticals, mining and tourism.

Parth Nair, who is in charge of Vibrant Goa, spoke about the benefits that international delegates would get by participating in the event, including complimentary boarding and lodging for three days, site visits to top companies, investment opportunities, B2G meetings with government officials, and others. — VNS

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