There is huge potential for co-operation with Viet Nam in sectors like hospitality, healthcare, pharmaceuticals, infrastructure development, energy, service, IT, mining, and agriculture, a senior Indian foreign affairs official has said.
Though trade in engineering products between India and Viet Nam has grown significantly, there is still huge untapped potential, according to Indian officials.
India is a major trade partner and investor of Viet Nam and the two countries should spare no efforts to soon realise the target of bringing bilateral trade to US$15 billion, Minister of Planning and Investment said.
Though trade between India and Viet Nam in basic chemicals, cosmetics, dyes, and paper products has grown significantly, there is still huge untapped potential.
Trade between India and Viet Nam in textiles has grown significantly, but there is still huge untapped potential, the Indian consul general in the city has said.
Trade between India and Viet Nam has room for further development as
economic cooperation still falls short of potential and expectations,
Deputy Chairman of HCM City People''s Committee Le Manh Ha has said.