The event is an opportunity for Vietnamese and Indian businesses to meet, exchange, seek business cooperation opportunities, and enhance the traditional partnership and close and intimate friends between the two countries.
According to statistics, in 2022, the total trade value of Vietnam-India will reach more than 15 billion USD, an increase of 13.6% compared to 2021.
Ho Thi Quyen, ITPC Deputy Director, said that in recent years, Ho Chi Minh City and India have continuously strengthened and developed their relations in the fields of trade cooperation, investment, and people-to-people exchanges.
However, the potential for cooperation between Ho Chi Minh City and India is still massive.
Ho Thi Quyen expressed her hope that India will continue to create conditions for businesses from both sides to meet, seek opportunities, and promote cooperation in strong fields such as trade, tourism, science-technology, health and education.
At the forum, delegates said that as of October 2023, India has 237 investment projects with a total capital of more than 130 million USD, ranking 23rd among 120 countries and territories investing in Ho Chi Minh City.
Representative of ITPC introduced the investment environment in the city, emphasising that Ho Chi Minh City has just passed Resolution No. 98 by the National Assembly on several specific mechanisms and policies for the development of Ho Chi Minh City.
This is an important factor that creates a legal basis to promote potential and advantages, creating breakthroughs in solving the city's socio-economic bottlenecks, especially in the field of investment.
