The prestigious event, organized by the Kerala State Industrial Development Corporation (KSIDC) under the aegis of the Department of Industry and Commerce, aimed to attract significant domestic and international investments across various sectors crucial to the state’s economic growth.
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At the Vietnam - Kerala Business Meet on February 21 |
Over 100 exhibition booths were arranged at the event, displaying diverse products ranging from defense technology to health supplements.
Vietnam's prominent presence was marked by its 60-square-meter pavilion, the largest among international participants. Such staples as spices and coffee, as well as tourism offerings from industry leaders VietJet and Vietravel were on the showcase.
The Vietnamese Embassy organized a trade networking session with Kerala, focusing on trade, investment, and tourism. The delegation from Lai Chau province, along with representatives from Vietnam's spice, trade, technology, tourism, and aviation sectors, actively participated in these discussions.
Ambassador Nguyen Thanh Hai underscored that Vietnam and Kerala boast huge cooperation potential, particularly in the areas of seafood, technology and innovation, tourism, and sea port. He expressed his hope for stronger collaboration in the coming time.
Kerala, with its GDP of approximately 140 billion USD in 2023, stands among India's top 10 economically powerful states. The region's business-friendly policies, modern infrastructure, and streamlined investment approval processes have created an attractive environment for international investors.
Source: VNA