Participants at the event. (Photo: CPV)

At the event, businesses expressed their interest and revealed plans to invest in Vietnam when the COVID-19 epidemic is under control.

In his speech at the event, Vietnamese Ambassador to India Pham Sanh Chau hoped businesses in Chennai and Bangalore would look at investment in hi-tech fields in Vietnam such as pharmaceuticals, medical equipment, and automobiles, as well as improving coordination in the textile supply chain. In addition, the Ambassador also shared the operation direction of the Embassy, focusing on supporting businesses through the establishment of specialized working groups in each specific field and investment project.

Receiving the Vietnamese delegation, Chief Minister of Karnataka Basavaraj Bommai suggested that Vietnam and Karnataka promote cooperation in the fields of semiconductor industry, information technology and biotechnology. These are the three strengths of local businesses in Bangalore city and Karnataka state.

Senator from Tamil Nadu State Sammugam highly appreciated the connection between the two countries throughout history, as well as the development in political, commercial, scientific and technological relations over the past time. Mr. Kaniappan, representative of the Confederation of Indian Industry, Chennai branch, hailed the Vietnamese Embassy’s efforts in trade connection as the COVID-19 epidemic had settled down.

Within the framework of the trip, the delegation of the Vietnamese Embassy in India also held meetings and exchanges with many large Indian corporations and businesses, including Biocon, Sami-Sabinsa, Trivitron, Manipal, TVS, L&T, Infosys and Ashoka. Most of them have expressed special interest in the Southeast Asian market and are developing plans to invest in Vietnam when the epidemic is under control./.