Vietnam-India trade hits 1.65 billion USD during Jan-Feb
Friday, March 20, 2020 10:37
Vietnamese businesses seek garment material supply at Indian fair - Illustrative image (Source: VNA)
Hanoi (VNA) – Two-way trade between Vietnam and India reached 1.65 billion USD in the first two months of 2020, up 2 percent against that of the same period last year.
Several exported commodities reported impressive growth, including plastics (257.2 percent), confectionary and cereal products (135.8 percent), rattan products and carpets (121.5 percent) and animal feed (113.5 percent).
The Vietnamese Trade Office in India said that at present, raw materials used to produce antibacterial filters are scarce in the country, and enterprises have received full orders until the end of May.
The office advised Vietnamese businesses to be careful to avoid commercial frauds by requesting partners to provide detailed information about products and using L/C (letter of credit) payment.
Bilateral trade between Vietnam and India reached nearly 13 billion USD in 2019. They are striving to bring the figure to 15 billion USD./.
VNA
Other news
- HCM City to host Vietnam Print Pack 2022 expo(9/16/2022 11:02:26 AM)
- Medical-pharmaceutical, beauty products exhibitions open in HCM City(9/16/2022 10:58:48 AM)
- Firms must work to fully benefit from UKVFTA: Insiders(8/24/2022 3:15:30 PM)
- Vietnam, Argentina boost trade cooperation(8/23/2022 3:51:49 PM)
- Workshop helps fresh fruit exporters learn about China’s new regulations(8/23/2022 3:47:36 PM)
- HCM City to host Int'l Textile & Garment Industry Exhibition(8/23/2022 3:11:55 PM)
- Saigon Autotech & Accessories Show to be held in late October(8/19/2022 8:38:38 AM)
- Vietnamese handicrafts go on sale at New York Now 2022(8/18/2022 8:52:55 AM)
- Week of OCOP products launched in Hanoi(8/17/2022 8:39:01 AM)
- Trade fair looks to expand “One Commune One Product” markets(8/16/2022 11:21:14 AM)
