‘Doing Business with Vietnam’ seminar opens in India

(VOV) - On February 12, Vietnam Ambassador to India Ton Sinh Thanh welcomed over 100 delegates to a joint interactive seminar held in India on ‘Doing Business with Vietnam’.

The event was led by the Federation of Indian Export Organisations (FIEO) and its General Director Ajay Sahai.

Speaking at the event, Sahai underscored the point that Vietnam situated in the heart of Southeast Asia offers ideal advantages for economic development and is a gateway for India businesses to the ASEAN market.

Indian JetAirways has also recently established a new route from Mumbai and New Delhi to Ho Chi Minh City that will greatly facilitate trade Sahai said noting it is also expected to stimulate tourism between the two nations.

Vietnam Ambassador Thanh in turn answered questions of those participating in the seminar, helping them understand more about opportunities and the business climate in the nation.

Currently Indian businesses have invested US$258 million in 85 projects in Vietnam, Thanh said, adding that the two trade volume between the nations has been forecast to hit US$7 billion in 2015.

The seminar offered an expert panel of speakers who gave their insights into the practicalities, opportunities and challenges of doing business with Vietnam with particular focus on the manufacturing and technology sectors.

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