The trade between India and Vietnam is expected to nearly double at over USD 7 billion by 2015, according to the Vietnamese president.
“Vietnam today provides huge business opportunities and bilateral trade is expected to cross USD 7 billion by 2015 from the present USD 4 billion,” visiting President Truong Tan Sang said here today, while addressing Indo-Vietnam Business Forum meeting organised by Confederation of Indian Industry.
The present bilateral trade is ten times what it was in 2000. Vietnam’s exports to India crossed USD 1 billion in 2010-11, a jump of 92 percent over the previous year, while India’s exports to Vietnam also jumped to USD 2.6 billion during the same period.
Truong invited Indian businesses, and technical expertise in sectors like health-care, oil & gas, manufacturing, agro-industry, pharma, automotive, IT, shipping & ports, electrical consumer appliances, education, and road infrastructure, among others.
From: http://ping.fm/WJfAm
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