The food and beverage expo also features nearly 200 Indian firms and representatives from 29 other nations.

Several workshops on food, processed food and beverages and measures to boost the sector’s development have been held at the event, along with meetings between participating firms and state authorities.

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Vietnamese representatives in a joint photo at Vibrant Tamil Nadu 2018. Source: vietnam+

The Vietnamese enterprises discussed the possibility of signing some memoranda of understanding on cooperation in food production and processing and on investment in industrial zones with Indian partners.

Bui Trung Thuong, Chief of the Vietnam Trade Office in India, briefed Indian partners on Vietnam-India economic and trade ties, the prospects of the Vietnamese food sector and opportunities for the two countries’ businesses.

India ranks 27th among 126 countries and territories investing in Vietnam with nearly 200 projects worth about USD 875 million. Last year, two-way trade reached USD 7.63 billion, with the figure expected to hit USD 15 billion in 2020.

Source: VNA