Mrs Pant said recently, India held many tours of Vietnam for its businesses. As many as 20 Indian business groups visited Vietnam in 2015 and more Indian companies will come to Vietnam to seek investment opportunities in the coming time.
The Vietnamese Government has recently allowed Tata Power, a subsidiary company of Tata Group to conduct a feasibility study to build Long Phu Thermal Power Plant 2 with a capacity of 1,200WM in Soc Trang province.
The investor is actively completing procedures for the project. When the US$2.1 billion project is implemented, India will become one of top ten foreign investors in Vietnam.
The Bank of India (BOI) has recently inaugurated its brand in HCM City to support Indian businesses. BOI managing Director Shri Melwyn Rego said this is the first Indian bank branch in Vietnam. The bank opened a representative office in HCM City in 2003.
The inauguration of the branch will meet increasing demands of Indian and Vietnamese importers and exporters, as well as help the two nations lift bilateral trade value to US$15 billion by 2020, said Mr Rego.
The Bank of India plans to open one or two more branches in Vietnam and Hanoi, he noted.
In mid-July, a delegation including 41 businesses of the Indian Council for Leather Exports (CLE) came to HCM City to seek partners and cooperation opportunities in the footwear industry.
The Indian Council for Leather Exports said not only Indian businesses seek investment opportunities in Vietnam but Vietnamese businesses are also able to invest in footwear projects in India.
CLE is willing to cooperate with Vietnam businesses to develop production projects and seize investment opportunities in India, according to the Indian Council for Leather Exports.
The Vietnamese Government has recently allowed Tata Power, a subsidiary company of Tata Group to conduct a feasibility study to build Long Phu Thermal Power Plant 2 with a capacity of 1,200WM in Soc Trang province.
The investor is actively completing procedures for the project. When the US$2.1 billion project is implemented, India will become one of top ten foreign investors in Vietnam.
The Bank of India (BOI) has recently inaugurated its brand in HCM City to support Indian businesses. BOI managing Director Shri Melwyn Rego said this is the first Indian bank branch in Vietnam. The bank opened a representative office in HCM City in 2003.
The Bank of India has recently inaugurated its brand in HCM City.
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The Bank of India plans to open one or two more branches in Vietnam and Hanoi, he noted.
In mid-July, a delegation including 41 businesses of the Indian Council for Leather Exports (CLE) came to HCM City to seek partners and cooperation opportunities in the footwear industry.
The Indian Council for Leather Exports said not only Indian businesses seek investment opportunities in Vietnam but Vietnamese businesses are also able to invest in footwear projects in India.
CLE is willing to cooperate with Vietnam businesses to develop production projects and seize investment opportunities in India, according to the Indian Council for Leather Exports.
