Addressing the event, Vice Chairman of the Khanh Hoa provincial People's Committee Dinh Van Thieu noted that, Vietnam and India have established diplomatic relations for 50 years (January 7, 1972). In terms of trade, Vietnam is considered 18th largest trading partner globally and the fourth largest trading partner in ASEAN (behind Singapore, Indonesia and Malaysia). For Vietnam, India is the 7th largest trading partner, the 7th largest source of imports and the 9th largest export market globally. Since the establishment of the comprehensive partnership in 2016, the bilateral trade has doubled, surpassing USD 10 billion. This year's target is expected to reach USD 15 billion.

Vice Chairman of the Khanh Hoa provincial People's Committee Dinh Van Thieu delivers a speech at the workshop.

Some central provinces (Binh Thuan, Ninh Thuan, Khanh Hoa, Phu Yen, Binh Dinh) enjoyed favorable conditions and advantages in terms of geographical location, diverse and abundant natural and maritime resources.

Accordingly, the workshop contributed to promoting trade cooperation among Vietnamese central provinces and India, aiming to enhancing activities related to trade promotion, production and distribution enterprises, information exchange, goods consumption, and services.

An overview of the workshop

There were also many ideas and information delivered during the workshop such as processing industry introduction, the seafood export market of India; agricultural product processing industry of India; potentials and opportunities for cooperation in trade development, import and export markets of the central provinces.

For his part, Mr. Madan Mohan Sethi, Consul General of India in Ho Chi Minh City, said that with its strength, the workshop  was an opportunity to seek investment and cooperation, not only in seafood but also many different fields for the central provinces of Vietnam. The workshop also contributed to sharing in-depth information, in order to help both sides easily access the contents of mutual concern.

Translated by Minh Anh