Việt Nam News

Việt Nam participates in the 4th India-CLMV

February 27, 2017 - 21:10

Vietnamese delegations from several provinces are visiting India to attend the 4^th India-CLMV (Cambodia, Laos, Myanmar and Việt Nam) Business Conclave in Jaipur, Rajasthan from February 27-28, following the invitation of the government of India and the Confederation of Indian Industry (CII).

At the meeting between Vietnamese delegations and consulate officials. — VNS Photo courtesy of the Consulate General of India in HCM City

Viet Nam News

HCM CITY — Vietnamese delegations from several provinces are visiting India to attend the 4^th India-CLMV (Cambodia, Laos, Myanmar and Việt Nam) Business Conclave in Jaipur, Rajasthan from February 27-28, following the invitation of the government of India and the Confederation of Indian Industry (CII).

Vietnamese participants include Nguyễn Văn Trâm, chairman of Bình Phước Province People’s Committee, Lưu Xuân Vĩnh, chairman of Ninh Thuận Province People’s Committee, Nguyễn Đức Hoàng, vice chairman of Gia Lai People’s Committee, Phạm Anh Tuấn, vice chairman of Tiền Giang People’s Committee, and officers of the HCM City Department of Industry and Trade and many Vietnamese business executives.

The major areas of interest for the delegates are in hi-tech agriculture, horticulture, seafood, processing industry, construction, infrastructure, education, renewable energy and energy efficiency.

Prior to the trip, the Consulate General of India in HCM City held business interactions with Vietnamese delegates in HCM City on February 24-25.

Themed “Economic Integration: Way Forward for Sustainable Development,” the 4^th India-CLMV Business Conclave is a two-day programme which will consist of sectoral sessions, country sessions and business-to-business meetings and will focus on sectors such as pharma, healthcare, agribusiness, food processing, infrastructure, gems and jewellery, textiles, mining, leather and renewable energy.

According to the consulate, Indian companies are exploring investment possibilities in Vietnamese provinces like Sóc Trăng, Ninh Thuận and Bìinh Thuận.

One of the biggest Indian conglomerates, the TATA group, is investing in several areas including thermal power, coffee and hi-tech machinery in different provinces, while others are entering a stable business environment and taking advantage of preferential policies offered by Việt Nam.

The visit of the Vietnamese delegation is expected to open several new vistas of co-operation between Việt Nam and India and bring in more Indian companies to the expanding Việt Nam market. — VNS

Tags the 4th India-CLMV TATA Group

Việt Nam treasures multifaceted cooperation with Côte d'Ivoire: Deputy FM

Economy

Shares experience four consecutive days of decline

Economy

VietinBank set out business plan and dividend payout plan for 2024 Shareholders' Meeting

Economy

Listed firms see positive signals in Q1

Economy

Lào Cai to increase local budget contribution toward Sa Pa airport to attract private capital

Economy

Ministry requests Hà Nội to inspect rising prices of apartments

More on this story

Economy

Foreign visitors exceed one million per month

The number of international tourists to Việt Nam reached nearly 1.2 million in February.

Economy

Loans poured in for Cam Ranh Airport’s international terminal

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) will provide loans for investment in Cam Ranh Airport’s international terminal in central Khánh Hòa Province.

Economy

VN posts trade deficit of US$1.2b in February

Việt Nam reported trade deficit of US$1.2 billion in February, the General Statistics Office (GSO) announced on Sunday.

Economy

Assets of credit institutions rose 16% in 2016

The total assets of Vietnamese credit institutions rose more than 16 per cent by December 2016 to VNĐ8.5 quadrillion (US$374 billion), when compared with early 2016, the State Bank of Việt Nam reported.

Economy

Deputy PM demands review of fee at ports

Deputy Prime Minister Vương Đình Huệ has asked ministries to review the collection of fees for the use of infrastructure, service facilities and public utilities at all ports in northern Hải Phòng City.

Economy

No proof to apply trade defence on fertiliser imports: VN Competition Authority

There's no evidence showing that fertiliser imports have damaged local fertilser products to apply trade defence measures for the imports, according to a report by the Việt Nam Competition Authority (VCA) under the Ministry of Industry and Trade.

Economy

Markets face further correction

The domestic stock market will likely experience another correction in early sessions this week, as selling pressure continues to build around the short-term peak on the main exchanges, experts say.

Economy

HCM City and Hà Nội lead e-business index

HCM City and Hà Nội continue to lead Vietnamese localities in e-commerce, The Việt Nam E-commerce Association (Vecom) announced at the 2017 Việt Nam Online Business Forum in Hà Nội on Friday.

Economy

Vegetable, fruit exports to struggle

The domestic vegetable and fruit industry will face obstacles in maintaining sustainable growth in export value at the current high level, according to the Việt Nam Vegetable and Fruit Association.