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NEWS UPDATES 26 February 2010

Vietnam-India trade expected to reach $5bn in coming years

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Chair of the National Assembly, Nguyen Phu Trong recently paid a five-day official visit to India (February 23 to 28) and Indonesia (February 28 to March 3) confirming the hope of promoting the close tie between Vietnam with these two countries, reported

In India, Trong had important talks with India's high-ranking leaders and participated in Vietnam-India Business Forum and inaugurated ceremony of "Vietnamese days in India" programme.

At the meeting with chair of Indian lower house of Parliament, Meira Kumar, Trong highly praised India's helps on equipments, technology and training and suggested the two partners should continue to promote cooperation in coming years too. Especially, after the Asean-India Trade in Goods (AITIG) was signed, Vietnam-India two-way trade turnover could reach $5 billion in coming years.

Meira Kumar also said that India National Assembly will create favourable conditions for Vietnam's enterprises to seek investment opportunities in India.


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