The Chinese market is in trouble, Vietnamese durians turn to India

Published May 23, 2023

Tridge summary

A connectivity meeting between Indian and Vietnamese businesses was held in Ho Chi Minh City, organized by the Consul General of India and the Director of the Institute of Market Research - International Communication (IMRIC) of the Ministry of Science and Technology. The meeting aimed to explore trade opportunities and find partners for over 50 Vietnamese enterprises, primarily involved in agricultural products and consumer goods. The conference also highlighted the potential for investment in various sectors and the promotion of agricultural product consumption. Both countries are looking to increase their investment in each other's regions, with Vietnam focusing on projects in India worth over 6 million USD and expecting potential returns of over 28 million USD. The meeting was seen as a significant step towards enhancing connectivity and finding markets for Vietnam's durian, considered the 'king fruit.'

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This morning (May 23), Ho Chi Minh City, the Consul General of India in Ho Chi Minh City and the Director of the Institute of Market Research - International Communication (IMRIC) - Ministry of Science and Technology held a connection meeting. consumption of goods between enterprises of the two countries. IMRIC Institute has acted as a bridge for more than 50 Vietnamese enterprises, many of which are exporting agricultural products and consumer goods to the Indian market. The face-to-face meeting between Vietnamese and Indian businesses this time is a practical activity for businesses of the two sides to introduce, exchange information and find partners, promote trade and invest effectively. In addition to "B2B" promotion, focus on developing the agricultural product consumption market and a number of sectors showing signs of decline, such as footwear, animal feed, raw materials, etc. The conference plays the role of a connection. attracting FDI in the localities. Dr. Ho Minh Son ...

Source: Vov