Vietnam, India boost trade and investment cooperation

A seminar was held in Hanoi on September 15 to further boost the friendship, and economic, trade and investment cooperation between Vietnam and India.

As part of the 14^th session of the Vietnam-India Joint Committee, the seminar was jointly held by the Vietnam Chamber of Commerce and Industry (VCCI) and the Indian Embassy in Vietnam.

Speaking at the event, VCCI General Secretary Pham Thi Thu Hang said that over the years, the Vietnam-India relationship has seen positive developments with the signing of agreements on trade, double taxation avoidance, and investment encouragement and protection.

This is an important foundation for the two sides to strengthen their traditional friendship and cooperation in all fields, she stressed.

She expressed her wish that the economic, trade and investment cooperation between the two countries would further develop in the future, especially when the India-ASEAN Free Trade Agreement (FTA) comes into effect this year and a FTA on service and investment is now under negotiation.

Indian Ambassador to Vietnam Ranjit Rae affirmed that his embassy will do its best to boost the friendship, and economic and trade cooperation between the two countries.

Participants in the seminar were introduced to India’s investment policies and environment as well as its overseas investment law. – VOV

Tags: Vietnam India trade

Posted by VBN on Sep 16 2011. Filed under Import-Export. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry