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NEWS UPDATES Asean Affairs   30 September 2013  

Trade with India to surpass $5b

 Two-way trade between Viet Nam and India is expected to reach US$5 billion by December and hit $7 billion in 2015.

These figures were released at an on-line conference organised between Ha Noi and New Delhci on Thursday.

According to the Ministry of Industry and Trade, India has become one of Viet Nam's leading trade partners with bilateral trade increasing by 12.2 per cent a year from 2008-12.

The trade value hit $3.5 billion in the past eight months, up 40.2 per cent year-on-year.

Vietnamese products for the India market include mobile phones, computers, electronic products and components, the head of the ministry's South Asian Market Department, Tran Quang Huy, said.

Huy also said the signing of a Trade And Service Agreement and an Investment Agreement between ASEAN and India would further boost economic ties between the two sides.

Sufficient potential existed for the two countries to raise trade to $25 billion by 2020, said a director from India's Ishan International Co, Shantanu Srivastava.

He suggested the launching of a direct air route linking the two nations and the establishment of bank branches would help achieve this target.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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