Indian investors impressed with Vietnam’s business environment: PM Modi

Investors from India are highly impressed by Vietnam and are encouraged to carry out their operations in the Southeast Asian country, Indian Prime Minister Narendra Modi told Vietnam’s National Assembly Chairwoman Nguyen Thi Kim Ngan during their recent meeting.

Investors from India are highly impressed by Vietnam and are encouraged to carry out their operations in the Southeast Asian country, Indian Prime Minister Narendra Modi told Vietnam’s National Assembly Chairwoman Nguyen Thi Kim Ngan during their recent meeting.

NA Chairwoman Ngan joined talks with the Indian premier in New Delhi on Friday, as part of her visit to the South Asian nation scheduled for November 8 to 11.

According to the Vietnamese legislator, trade between Vietnam and India has grown steadily since the two nations established their strategic partnership in 2007.

The two countries announced in September 2016 that their relations had been upgraded to the level of comprehensive strategic partnership.

Despite positive development in the India-Vietnam ties in economic matters and trade over the years, the Vietnamese official stated that there is still room for the two countries to push forward their cooperation.

The two parties should carry out all necessary measures to enhance their collaboration and provide a favorable environment for investors and businesses in both countries, striving for US$15 billion worth of bilateral trade turnover by 2020, she said.

Ngan also praised the significant contributions PM Modi has made to the friendship and cooperation between India and Vietnam, hoping that the Indian leader would continue his support for the interests of the two peoples and for peace and prosperity in the region and the world.

Speaking to his guest, PM Modi said that the two nations share a special and traditional relationship, which should be preserved and elevated to a new height.

Investors from India are highly impressed by the business environment of Vietnam, the head of government remarked, adding that he has encouraged them to carry out their operations in the Southeast Asian nation.

Within the framework of the visit, Ngan met with General Secretary of the Communist Party of India Sudhakar Reddy on Saturday, the Vietnam News Agency reported.

Speaking at the meeting, the Vietnamese leader stated that the relationship between the two Parties is based on fundamental principles and common targets and ideals, adding that their strong ties have been persistently strengthened in recent years.

The Vietnamese legislator also joined talks with President of the Indian National Congress Party Sonia Gandhi on the same day.



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