Interactive Meeting on ‘Trade Opportunities between India and Vietnam’ Tuesday, July 26, 2022 at 5:00 p.m.Jointly organised by IMC & IVCCI

EXECUTIVE SUMMARY

IMC Chamber of Commerce and Industry (IMC) jointly with Indo-Vietnamese Chamber of Commerce & Industry (IVCCI) organized an interactive meeting on ‘Trade Opportunities between India and Vietnam’ along with a business delegation led by Mrs. Nguyen Thi Thu Ha, General Director of Invest Global - Vietnam Association of Foreign Invested Enterprises. The Focus sectors were Infrastructure, Maritime and Marine products, Fisheries, Green Energy, Pharmaceuticals, Agriculture, Electronics, Import Export of Goods and Investments.

Mr. Anant Singhania President IMC welcomed the delegation and gave a brief overview about IMC and IVCCI adding that over the years since inception of IVCCI the bilateral trade between India and Vietnam has grown substantially.  President also mentioned that in November 2018, an IMC and IVCCI took business delegation of 30 delegates to Hanoi during the President of India’s State visit to Vietnam.

Mr. Ajoykanr Ruia, President of IVCCI in his introductory remarks stated that IVCCI has been actively engaged in promotion of trade and investment between the two countries and have been regularly organizing bilateral activities including many joint activities with the Vietnam diplomatic Mission in Mumbai and New Delhi.  He also briefed them about several delegations from Vietnam hosted by IVCCI over the tears as well as several outbound business delegation mounted by IVCCI to Vietnam. He expressed full support to Invest Global.

Mr. Duong Duc Anh, Vice Consul, Consulate General of Vietnam in Mumbai added some more important facts about Indo-Vietnamese trade.

Thereafter, Mrs. Nguyen Thi Thu Ha, General Director of Invest Global, briefed the participants about Invest Global. She mentioned that Invest Global is one-stop platform for those seeking to invest in Vietnam or do trade with partners in Vietnam.  It provides information on policies, tax regimes, incentives and consultancy on establishing operations.  The Invest Global portal also allows companies from Vietnam and other countries around the world to upload information about their products and their interest to facilitate b2b exchanges.  The process of uploading, however, is vetted by the Invest Global as part of due diligence process.

The meeting was attended by 75 participants.

Sanjay Mehta Executive Secretary, IVCCI

Mr. Duong Duc Anh, Vice Consul, Consulate General of Vietnam in Mumbai, Mr. Ajoykaant Ruia, President, IVCCI, Ms. Nguyen Thi Thu Ha, General Director, Invest Global and Mr. Anant Singhania, President, IMC

Ms. Nguyen Thi Thu Ha, General Director, Invest Global addressing the audience

Mr. Duong Duc Anh, Vice Consul, Consulate General of Vietnam in Mumbai addressing the audience

MoU signing ceremony between Indo-Vietnamese Chamber of Commerce & Industry and Invest Global 

Mr. Anant Singhania, President, IMC presenting a memento to Ms. Nguyen Thi Thu Ha, General Director, Invest Global

Mr. Duong Duc Anh, Vice Consul, Consulate General of Vietnam in Mumbai, Mr. Ajoykaant Ruia, President, IVCCI, Ms. Nguyen Thi Thu Ha, General Director, Invest Global,  Mr. Anant Singhania, President, IMC, Mr. Ajit Mangrulkar, Director General, IMC and Mr. Sanjay Mehta, Deputy Director General, IMC and Executive Secretary, IVCCI

Audience at the meeting