Vietnam's booth at the event (Photo: congthuong.vn)
Apart from introducing products in the fields of innovation, handicraft, food, automobile, education, and information technology, several trade exchanges and workshops were also organized.
The event, the second biggest of its kind in India after the annual international trade fair in New Delhi, was a good chance for businesses to share experience and seek cooperation opportunities.
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.
According to Vietnam’s General Department of Customs, trade between Vietnam and India reached 10.3 billion USD in the period of January - November of 2019, a year-on-year rise of 3.6 percent. Of which, Vietnam exported 6.25 billion USD worth of goods, up 2 percent compared to the same period last year.
In January-November, Vietnam’s trade surplus with India reached 2.2 billion USD. Notably, Vietnam’s exports of handicraft products, rattan products and carpets to India are up over 134 percent year-on-year./.