NEW DELHI: Viet Nam and India are working closely together to achieve their bilateral trade target of US$15 billion by 2020, a Viet Nam Chamber of Commerce and Industry bigwig has said. Speaking at a Viet
Nam-India business meeting in HCM City yesterday, Vo Tan Thanh, director of the VCCI’s HCM City office, said trade between the two countries had increased sharply in recent years, going up from $1 billion in 2006 to $8 billion last year.
Viet Nam’s key exports to India include mobile phones, rubber, cashew, porcelain, iron and steel, and wooden products, while it imports cars, drugs, garment and textile feedstock, chemicals, machinery, building materials, and others. India is now one of Viet Nam’s top 10 trading partners while the latter ranks 28th for India.
