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Vietnam-India two-way trade rises to $3.9bln in 2011, up 42% yoy.
Vietnam-India’s bilateral trade was estimated to surge to $3.9 billion in 2011, making a year on year rise of 42%, the local news provider Gafin reported.
In details, India’s exports to Vietnam increased by 33% and the Southeast Asia country’s exports to the South Asia country soared by 57% in the year despite the global economic recession.
The two countries’ two-way trade has sharply risen in recent years, from $1.2 billion in 2006 to $3.9 billion in 2011 and has increased by nearly 20 times from 2000 to 2011.
Indian companies also have invested a total of $771 million in Vietnam.
The two countries expect to raise their bilateral trade to $7 billion by 2015.
Vietnam-India two-way trade rises to $3.9bln in 2011, up 42% yoy | Vietnam Business News
Vietnam-India two-way trade increases rapidly
Updated : Thu, February 16, 2012,11:01 PM (GMT+0700)
Two-way trade between Vietnam and India has increased almost 20-fold during the past decade, the Indian Consul General has said.
Indian Consul General in Ho Chi Minh City, Abhay Thakur reported this news at a get-together to celebrate the 62nd anniversary of the Republic of India, in Ho Chi Minh City on Feb. 16.
Bilateral trade rose from US$200 million in 2000 to over $1.2 billion in 2006, $2.7 billion in 2010 and $3.9 billion in 2011.
Abhay Thakur affirmed that Vietnam has always been a special and sincere friend of India, in both bilateral ties and at regional forums, adding that Vietnam remains in a strategic position in the foreign priorities under the “Look East” policy of India.
He said India is willing to further strengthen cooperative contents with Vietnam based on the spirit of the “Vietnam-India Strategic Cooperation” that was signed by the two countries in 2007, especially in the fields of business, science and technology and culture.
The total investment of Indian enterprises in Vietnam has now reached more than $771 million and two-way trade between the two countries is expected to hit $7 billion by 2015.
Vietnam-India two-way trade increases rapidly - Business - TuoiTreNews
Vietnam-India’s bilateral trade was estimated to surge to $3.9 billion in 2011, making a year on year rise of 42%, the local news provider Gafin reported.
In details, India’s exports to Vietnam increased by 33% and the Southeast Asia country’s exports to the South Asia country soared by 57% in the year despite the global economic recession.
The two countries’ two-way trade has sharply risen in recent years, from $1.2 billion in 2006 to $3.9 billion in 2011 and has increased by nearly 20 times from 2000 to 2011.
Indian companies also have invested a total of $771 million in Vietnam.
The two countries expect to raise their bilateral trade to $7 billion by 2015.
Vietnam-India two-way trade rises to $3.9bln in 2011, up 42% yoy | Vietnam Business News
Vietnam-India two-way trade increases rapidly
Updated : Thu, February 16, 2012,11:01 PM (GMT+0700)
Two-way trade between Vietnam and India has increased almost 20-fold during the past decade, the Indian Consul General has said.
Indian Consul General in Ho Chi Minh City, Abhay Thakur reported this news at a get-together to celebrate the 62nd anniversary of the Republic of India, in Ho Chi Minh City on Feb. 16.
Bilateral trade rose from US$200 million in 2000 to over $1.2 billion in 2006, $2.7 billion in 2010 and $3.9 billion in 2011.
Abhay Thakur affirmed that Vietnam has always been a special and sincere friend of India, in both bilateral ties and at regional forums, adding that Vietnam remains in a strategic position in the foreign priorities under the “Look East” policy of India.
He said India is willing to further strengthen cooperative contents with Vietnam based on the spirit of the “Vietnam-India Strategic Cooperation” that was signed by the two countries in 2007, especially in the fields of business, science and technology and culture.
The total investment of Indian enterprises in Vietnam has now reached more than $771 million and two-way trade between the two countries is expected to hit $7 billion by 2015.
Vietnam-India two-way trade increases rapidly - Business - TuoiTreNews
