More than 20 Vietnamese businesses also participated in the event to seek cooperation opportunities with Indian partners in the context of trade turnover between the two countries in 2018 expanding 40 percent against the previous year to 11.8 billion USD.

At the Vietnamese booth.

In his remarks, Vietnamese Ambassador Pham Sanh Chau said the event demonstrates India’s “Act East” policy with ASEAN playing the key role.

The comprehensive integration between ASEAN and India has been reflected through not only the increasing flows of commodities, services and capital but also the people-to-people exchanges, infrastructure connectivity, cultural and educational exchanges, and other spiritual values, he said.

The two sides have expanded their collaboration in maritime safety as well as navigation and aviation freedom in line with international law, the ambassador noted.

The event is co-organised by the Indian Ministry of Commerce and Industry, the Federation of Indian Chambers of Commerce and Industry, and the ASEAN-India Business Council.

It saw the attendance of representatives of the ASEAN Secretariat, officials in charge of the economy, trade, investment and tourism of ASEAN and India, economists and over 100 CEOs of ASEAN and international businesses.

On display at the expo are products and services of more than 200 enterprises from ASEAN and India, focusing on agriculture and agricultural product processing, pharmaceutical products, IT, AI, auto industry, finance-banking, jewelry, handicrafts, medical equipment, household utensils and furniture.

The even is expected to contribute to promoting the ASEAN-India strategic partnership, particularly in economy, trade, investment and tourism, while offering a chance for economic and commercial associations and organizations, experts and businesses from both sides to exchange experience and seek cooperation opportunities.

Within the framework of the expo, there will be seminars on agriculture, trade and investment.

India is among the top 10 leading trade partners of ASEAN in the 2017-2018 fiscal year, with two-way trade reaching 81.33 billion USD.

Statistics released by ASEAN show that Indian tourists to the group hit 3.3 million in 2017, making up 16.2 percent of Indian holidaymakers worldwide.

The Association of Southeast Asian Nations (ASEAN) brings together 10 countries: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

Vietnam attends Africa’s largest trade fair

Vietnam’s products of strength, including coffee, rice, garments and textiles, and construction materials are being showcased at the South African International Trade Exhibition (SAITEX) 2018, which opened in Johannesburg, South Africa, on June 24.

 

Vietnam-Laos trade fair opens in Vientiane

More than 140 businesses are taking part in the Vietnam-Laos trade fair in Vientiane from June 28 to July 2 to promote the bilateral friendship, cooperation and development.

 

Vietnam-China Trade Fair to be held in Lang Son late October

The Vietnam-China International Trade Fair 2018 will take place in the northern border province of Lang Son from October 30 to November 7, aiming to boost cooperation connectivity for mutual development

 

Trade fair to enhance Vietnam – Cambodia trade cooperation

The 2017 Vietnam Trade Fair, themed ‘Friendship, cooperation, and development’ officially opened in the Cambodian capital of Phnom Penh on November 18.

 

Bac Giang tourism promoted at Vietnam – China Trade Fair

(BGO) – The Center of Information and Tourism Promotion in the northern province of Bac Giang on December 1 – 7 organized the tourism promotion and consultation within the framework of the Vietnam – China International Trade and Tourism Fair 2017 held at Mong Cai city, Quang Ninh province.

 

Source: VNA