Room to grow for VN-India trade

  • 2021/01/08
  • 95
There is plenty of room for Viet Nam and India to strengthen investment and trade ties in the future, said Bui Trung Thuong, Trade Counselor at the Vietnamese Embassy in India.

Even though Viet Nam and India have similar natural conditions, their products can be complementary, according to Thang. Viet Nam can export farm produce, fresh fruits, processed foods and furniture to India while India businesses should tap into the Vietnamese market in other fields such as animal feed, pharmaceutical and chemicals.

Chairman of Indian Importers of Chamber of Commerce and Industry (IICCI) Atul Kumar Saxena said in recent years, IICCI and the Vietnamese Embassy in India had facilitated imports of agricultural products and processed food from Viet Nam.

Viet Nam’s instant coffee, tra fish and dragon fruit has entered the Indian market since 2014 and are favoured by many customers, he said.
According to the chairman Viet Nam’s dragon fruit is present at many shopping centres, restaurants and hotels and is also a favourite dessert at luxury weddings in India. Meanwhile, instant coffee is popularly sold on online websites.

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