Việt Nam expands trade horizons in India’s southern region

Việt Nam expands trade horizons in India’s southern region

Vietnamese staples such as spices and coffee, as well as tourism offerings from industry leaders VietJet and Vietravel were on the showcase at the Invest Kerala Global Summit in India.

Representatives from India and Việt Nam at the Vietnam - Kerala Business Meet last week. — VNA/VNS Photo

Việt Nam attended the Invest Kerala Global Summit in Kerala state, India from February 21-22, demonstrating its commitment to strengthen trade ties with the country’s southern region.

The prestigious event, organised by the Kerala State Industrial Development Corporation (KSIDC) under the aegis of the Department of Industry and Commerce, aimed to attract significant domestic and international investments across various sectors crucial to the state’s economic growth.

Over 100 exhibition booths were arranged at the event, displaying diverse products ranging from defence technology to health supplements.

Việt Nam's prominent presence was marked by its 60-square-meter pavilion, the largest among international participants. Such staples as spices and coffee, as well as tourism offerings from industry leaders VietJet and Vietravel were on the showcase.

The Vietnamese Embassy organised a trade networking session with Kerala, focusing on trade, investment, and tourism. The delegation from Lai Châu province, along with representatives from Việt Nam's spice, trade, technology, tourism, and aviation sectors, actively participated in these discussions.

Ambassador Nguyễn Thanh Hải underscored that Việt Nam and Kerala boast huge cooperation potential, particularly in the areas of seafood, technology and innovation, tourism, and seaports. He expressed his hope for stronger collaboration in the future.

Kerala, with its GDP of approximately US$140 billion in 2023, stands among India's top 10 economically powerful states. The region's business-friendly policies, modern infrastructure, and streamlined investment approval processes have created an attractive environment for international investors. 

Bizhub