VN, India explore cooperation opportunities in electricity, electronics sectors

VN, India explore cooperation opportunities in electricity, electronics sectors

The Vietnam Trade Office in India, in collaboration with relevant partners, held an online seminar on Tuesday to discuss potential cooperation between Việt Nam and India in the electricity and electronics sectors.

A view of Cái Mép International Terminal. There is a large potential to boost cooperation between Việt Nam and India in the electricity and electronics sectors. — VNA/VNS Photo Đoàn Mạnh Dương

The Vietnam Trade Office in India, in collaboration with relevant partners, held an online seminar on Tuesday to discuss potential cooperation between Việt Nam and India in the electricity and electronics sectors.

The event brought together representatives from agencies, organisations and nearly 200 companies from Việt Nam and India.

Speaking at the opening ceremony, Trade Counsellor at the Vietnamese Embassy Bui Trung Thướng highlighted Việt Nam’s growing role as a regional electronics manufacturing hub, particularly in consumer electronics and assembly, supported by the presence of global giants such as Samsung, Apple, Intel, and LG.

He also noted that Việt Nam's power sector is expanding rapidly with a focus on green energy, aligned with the Government's commitment to emission reduction and sustainable energy transition.

With its strategic location, abundant workforce, and modern infrastructure, Việt Nam holds significant potential to become a leading centre for power and electronics production in the region and the world, Thướng said.

Veer Sagar, Chairman of India’s Electronics and Computer Software Export Promotion Council (ESC), emphasised that Vietnam-India economic ties have strengthened since the ASEAN–India Free Trade Agreement (AIFTA) took effect in 2010.

He urged both countries to capitalise on their complementary strengths in electronics and power to reduce dependency on dominant global markets and build a resilient, self-reliant regional supply chain.

Vinod Sharma, Managing Director of Deki Electronics and Chairman of the Indian Industries Association in Uttar Pradesh, highlighted promising areas for the two countries to collaborate such as electronic component manufacturing, electrical equipment design, industrial Internet of Things (IoT), and electric vehicle charging solutions. He noted that India’s supportive policies, including “Make in India” and “Digital India,” offer fertile ground for joint ventures, technology transfer, and market expansion.

Đỗ Thị Thuý Hương, a member of the Executive Board of the Vietnam Electronic Industries Association (VEIA), presented an overview of Việt Nam's electronics industry and outlined key cooperation areas including hi-tech manufacturing, semiconductors, digital transformation, IoT, and R&D. However, she also pointed out several challenges that must be addressed for successful cooperation, including technology gaps, FDI competition, trade barriers, and workforce development. 

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