Indian businesses look for Vietnam market info

Indian businesses have expressed interest in investing in Vietnam for the market’s “political stability, high economic growth, healthy investment climate and numerous stimuli.”

The viewpoint was shared by a majority of executives from 50 Indian businesses at a workshop on trade with Vietnam held in Mumbai province, India, on July 29. They also said they wanted to be better informed of the Vietnamese economy.

Vietnamese General Consul Nguyen Viet Hung in India’s Mumbai province pledged great assistance and favourable conditions for Indian businesses to make profits in Vietnam.

Trade revenues between Vietnam and India reached 1.54 billion USD in 2007 against 1.02 billion USD in 2006.

VNA

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