Trade between Vietnam and India grows

Trade between Vietnam and India grows

India-Vietnam relations have been exceptionally kind and cordial since its foundations were laid by Prime Minister Nehru and President Ho Chi Minh over 50 years ago. Traditionally close and cordial relationships have their historical roots in the common struggle for liberation from domination foreign and the national struggle for independence.

The commercial trade business between Vietnam and India in the first two months of the year reached one thousand 65 million dollars, for an increase of two percent compared to the same period in 2019.

The General Customs Department says that the Indochinese country, the main sales items, with a high turnover of more than 100 percent, include plastic materials (257.2 percent) and confectionery and grain products ( 135.8), followed by bamboo and carpet goods (121.5), animal feed and raw materials (113.5 percent).

Companies must request partners to provide complete details of the factory, product quality test certificate, among others. According to the Vietnam Trade Office in India, companies received orders to produce antibacterial filters until the end of May.

Vietnam’s Planning and Investment Minister Nguyen Chi Dung stressed that India is an important trading partner and investor in the Indochinese nation, and called on the two sides to strive to bring bilateral trade to $ 15 billion soon. /.

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