Vietnamese envoy seeks 20+ weekly flights between Vietnamese and Indian cities
In the face of global economic fluctuations, Vietnam and India stand strong as important trading partners, uniquely positioned to support each other, said Phan Thi Thang, Vietnam’s Deputy Minister, Ministry of Industry and Trade.
“Therefore, the two countries have a foundation to strengthen cooperation together to overcome the difficulties more conveniently and easily,” she said at the Vietnam-India Business Forum jointly organized by PHDCCI with the Embassy of Vietnam, New Delhi, on 8 Aug 2023.
Highlighting on the economic achievements, the Minister shared that the trade turnover between the two countries reached a commendable US$15 billion, a target set by the leaders of both nations.
With a focus on advancing economic and trade collaboration between Vietnam and India, Phan outlined key priorities, such as, supply chain strengthening by expanding trade partnerships in sectors such as agriculture, fisheries, textiles, footwear, pharmaceuticals, chemicals, fertilizers, machinery, equipment, and consumer products; Digital transformation while embracing the power of technology via push for digital trade promotion; Efficient shipping routes by the establishment of direct shipping routes between Vietnam and India to better optimize resources, reduce costs, and enhance efficiency; Strategic Investment and encouraging mutual investments in areas of expertise that will further reinforce bilateral collaboration.
The Vietnamese government is optimistic about the comprehensive strategy between the two nations that is fostering an unwavering commitment to people-to-people connectivity,” added Vietnamese Ambassador to India Nguyen Thanh Hai.
He also acknowledged the shared history of both nations against colonialism, and expressed delight at the substantial increase in tourism, cultural exchanges, and connectivity between the two nations.
The Ambassador further called for more than 20 direct flights per week between Hanoi, Ho Chi Minh City and Da Nang with many Indian cities such as Delhi, Kochi and Chennai.
“This is extremely convenient for the movement of individuals and businesses, creating favorable conditions for businesses,” he underlined.
Dr Ranjeet Mehta, Executive Director, PHDCCI, in his welcome address informed that this is the third delegation from Vietnam to India and the increasing bilateral cooperation between Vietnam and India is a testament to the growing partnership.
This interaction between industries is truly encouraging and aids in the growth of businesses. bilateral cooperation between Vietnam and India is indeed on the rise, marked by a surge in visas and a notable increase in interactions between the two nations, said Dr Mehta.
The event was attended by more than 100 delegates from the Indian Industry. Fiinews.com
