Việt Nam is the world''s third-largest textile and garment exporter, with an export value reaching US$44 billion in 2024, while India is a leading supplier of raw materials, particularly cotton and cotton yarn.
The business meeting provided a valuable opportunity for direct engagement, allowing participants to gain deeper insights into the Vietnamese and Indian markets and laying the groundwork for sustainable trade expansion.
This route is destined to become a key strategic trade axis, contributing to the sustainable growth of both the regional and Vietnamese maritime industries.
Vietravel Investment and Development Co Ltd (Vietravel Invest), a member company of Vietravel Group, has completed dissolution procedures, the HCM City Department of Planning and Investment reported.
Việt Nam and India have witnessed thriving trade and economic cooperation over the recent past, with many highlights observed in 2024, according to Vietnamese Trade Counsellor in the South Asian country Bùi Trung Thướng.
The potential for India and Việt Nam to collaborate in textiles, food, pharmaceuticals, and various other sectors is immense, a seminar heard in HCM City on August 26.
Việt Nam was ed as partner country of the India International Hospitality Expo (IHE 2024) at the opening ceremony on Saturday in Noida, Utta Pradesh state.
At the forum, under the witness of Prime Minister Phạm Minh Chính and leaders of ministries, branches and enterprises of the two countries, six cooperation agreements were signed in the fields of aviation, tourism, culture and pharmaceuticals.
Việt Nam''s exports to India reached US$8.5 billion for the first time in 2023, up nearly 10 per cent over the same period of 2022, according to the Vietnamese Trade Counsellor in India, Bùi Trung Thướng.