HCM City official welcomes Indian business delegationWednesday, December 20,2017
AsemconnectVietnam - Standing Vice Chairman of Ho Chi Minh City People’s Committee Le Thanh Liem on December 19 hosted an Indian business delegation led by Executive Director of Tata Sons in Vietnam Indronil Sengupta.
Liem appreciated the initiative on organising a Vietnam-India trade forum on the occasion of the Indian business delegation’s working visit to Vietnam.
He noted that there are currently over 60 investment projects of India worth 60-70 million USD in Ho Chi Minh City, and pledged to facilitate India’s investment in the city.
The official said the areas of interest for Indian firms such as IT, hi-tech production, pharmaceuticals, chemicals and processing are in line with HCM City’s development orientation. He suggested the firms study the city’s lists of projects inviting investment for suitable opportunities.
Indronil Sengupta said business members of the India Industrial Federation are looking for opportunities in biological technology, pharmaceuticals and energy, and possibly also in HCM City’s smart city plan.
According to him, Tata Sons is considering joining the automobile and coffee industry in Vietnam and the development of solar energy in some southern provinces in the country.
Indian Consul General in HCM City Srikar Reddy said India has 164 investment projects in Vietnam, with 61 in HCM City, with total investment capital of 755 million USD.
Hau Giang seeks investment from India
Vietnam, Indonesia step up trade and investment
ASEAN ministers to adopt 23 action plans for agriculture and forestry development
EVFTA has positive impact on Vietnam’s economy: European firms
PM Nguyen Xuan Phuc attends Mekong-Japan business forum
Vietnam ready to support cooperation with Eurasian parliaments: NA Chairwoman
PM pledges to improve business climate for Japanese investors
European firms support EU-Vietnam FTA signing
PM Phuc attends 10th Mekong-Japan Summit
Vietnam plays important role in Mekong-Japan cooperation mechanism
Dong Nai province determined to remove bottlenecks for RoK firms
Vietnam-Korea Design Centre debuts in Hanoi
PM Nguyen Xuan Phuc welcomes foreign investors
Resolving the disparity in FDI attraction