The event is the second biggest of its kind in India after the annual international trade fair in New Delhi.
The 2019 IIMTF attracted almost 1,000 exhibitors from India and 20 countries and territories across the world such as Egypt, Turkey, the United Arab Emirates (UAE), Afghanistan, Nepal, Bangladesh, Sri Lanka, Hong Kong, Thailand, Malaysia, Indonesia, China, and Vietnam.
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The Vietnamese pavilion at the India International Mega Trade Fair 2019 (IIMTF) |
Various kinds of products in the fields of innovation, handicraft, food, automobile, education, and information technology were offered at the event.
A number of trade exchanges and workshops were held as part of the fair to help businesses share experience and seek cooperation opportunities.
According to statistics of the General Department of Vietnam Customs, trade between Vietnam and India reached USD 10.3 billion in the first 11 months of 2019, a year-on-year rise of 3.6 percent.
Of which, Vietnam exported USD 6.25 billion worth of goods, up 2 percent compared to the same period last year.
In January-November, Vietnam posted a trade surplus of USD 2.2 billion with India. Notably, Vietnam’s exports of handicraft products, rattan products and carpets to India for the first time exceeded USD 10 million, up over 134 percent year-on-year.
Source: VNA