The Indian corporate sector has a growing interest in investing in and doing business with Viet Nam. They are investing in many sectors, including solar energy.
Though trade between India and Viet Nam in basic chemicals, cosmetics, dyes, and paper products has grown significantly, there is still huge untapped potential.
India is strong in fibre and yarn production and Viet Nam is dependent on import of feedstock for its textile industry, and so they could both benefit by co-operation.
An Giang Province and India have good prospects for co-operation in aquaculture and processing, a meeting between business executives from the two sides heard in HCM City on Friday.