Vietnam and India have plenty of room for expanding their cooperation in both trade and investment, especially in the fields of digital, supporting industries, e-commerce, retail, and agricultural production, said participants at the 2nd Vietnam - India business forum held in Ho Chi Minh City on March 17.
Vietnamese and Indian businesses hold great potential for cooperation in various economic sectors, including electronics and vehicle manufacturing, and information technology, experts shared the view at a recent seminar held in Hanoi.
India’s overall exports (Merchandise and Services combined) in January 2022* are estimated to be
USD 61.41 Billion, exhibiting a positive growth of 36.76 per cent over the same period last year and
a positive growth of 38.90 per cent over January 2020. Overall imports in January 2022* are
estimated to be USD 67.76 Billion, exhibiting a positive growth of 30.54 per cent over the same
period last year and a positive growth of 30.19 per cent over January 2020
Two-way trade turnover between the nation and India in 2021 crossed the US$13 billion mark, equal to US$13.2 billion, for the first time, marking an increase of 36.5% to reach over US$9.6 billion in 2020.