Over 130 Indian entrepreneurs seek investment opportunities in Dong Thap province

Friday, 30/06/2023 16:30
A conference on trade and investment cooperation between India and the Mekong Delta province of Dong Thap was held in Cao Lanh city on June 28 by the Dong Thap Provincial People's Committee and the Consulate General of India in Ho Chi Minh City.
Indian delegates at the conference (Photo: NDO) 

The conference aims to promote the potential and opportunities of investment cooperation in Dong Thap province to attract and call Indian businesses and investors.

Chairman of the Dong Thap Provincial People's Committee Pham Thien Nghia said that this is the first time Dong Thap province has organized a specialized investment promotion conference with a country, showing great expectation about the opportunity to expand the cooperation with businesses from India.

As a key province in terms of agricultural production, apart from rice and seafood with the top output in the country, Dong Thap also has many famous fruit that can boost exports to India such as Cao Lanh mango, Lai Vung tangerine, and Chau Thanh longan.

This is an opportunity for Indian businesses that want to invest in the production of value-added agricultural products in Vietnam for export.

In addition, with an abundant young labor force, more than 40% of whom have been trained, Dong Thap and India also have the potential to expand cooperation in many other fields such as textiles, information technology and medicine.

At the conference, businesses of the two sides signed a memorandum of understanding marking economic and trade cooperation between the Business Associations, associations of Dong Thap province and associations and the Business Associations of India.

According to the Dong Thap Provincial People's Committee, in 2016, Dong Thap's export and import turnover of goods to India reached 9.68 million USD; in 2022, the province’s export and import turnover of goods to India nearly doubled, reaching 18.13 million USD./.

BTA

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