The Vietnamese Embassy in India, in coordination with chambers of commerce and industry in West Bengal, has organised conferences to further promote trade, investment and tourism of India into Vietnam.
Over-reliance on input material imports, small production value and outdated technology were among the major weaknesses of Vietnam's steel industry, said a recent report by the Ministry of Industry and Trade.
The 2022 Vietnam Manufacturing Expo and Vietnam’s Only Exhibition on SMT, Testing Technologies, Equipment and Supporting Industries for Electronics Manufacturing (NEPCON Vietnam 2022) will be held in Hanoi on August 10-12 and September 14-16 respectively.
Vietnam is now in need of diversifying energy supply sources as it is facing a shortage of coal supply for electricity, cement, and fertiliser production due to impacts of the COVID-19 pandemic and the Russia - Ukraine conflict.
Vietnam is recovering strongly and there are signs that the economy is shifting from survival to growth mode, said CEO of HSBC Vietnam Tim Evans, stressing the need for the country to effectively navigate global megatrends that will shape its future and ensure that it reaches its full potential in the coming years.