Hope to achieve US$15 bn bilateral trade target by 2020: Vietnamese Dy. PM



Hope to achieve US$15 bn bilateral trade target by 2020: Vietnamese Dy. PM
2nd Meeting of the India-Vietnam Joint Sub-Commission on Trade held in Hanoi



Shri Rajeev Kher, Secretary, Ministry of Commerce, Government of India led a delegation consisting senior officials from the Ministries of Commerce, Textiles and the Department of Pharmaceuticals along with export promotion councils and companies from the textiles, pharmaceuticals, engineering, agriculture and leather sectors to Vietnam from 19-21 January 2015. Commerce Secretary co-chaired the 2nd Meeting of the India-Vietnam Sub-Commission on Trade with Vietnamese Vice Minister of Industry and Trade H.E. Mr. Cao Quoc Hung on January 20, 2015 in Hanoi.

At the meeting, both sides reviewed the progress made since the first meeting and discussed measures to enhance cooperation in textiles, pharmaceuticals, agri-trade, investment, services and so on. The discussions focused on implementing decisions taken during Prime Minister of Vietnam H E Mr. Nguyen Tan Dung’s visit to India in October 2014 wherein both Prime Ministers agreed to enhance economic and trade cooperation as a strategic objective.

Deputy Prime Minister Hoang Trung Hai, while meeting the delegation, expressed his pleasure at the blossoming of trade and economic relations and his confidence that both sides would be able to achieve the target of bilateral trade of US$15 billion by 2020. He noted that there is great potential for trade and investment cooperation in textiles, agriculture, pharmaceuticals, leather, energy and oil and gas, and invited Indian companies to invest in Vietnam. He also accepted the Indian side’s invitation conveyed by Commerce Secretary to visit India this year.

The Joint Sub-Commission on Trade was established in 2013 between India and Vietnam with an objective to boost bilateral trade and economic cooperation. The first meeting was held in November 2013 in New Delhi.

Shri Kher also met Vice Minister of Agriculture and Rural Development H E Mr. Vu Van Tan, Vice Minister of Health H E Mr. Pham Le Tuan and senior officials of the Drug Administration of Vietnam. He called on Deputy Prime Minister of Vietnam H E Mr. Hoang Trung Hai in Hanoi and Vice Chairman of the Ho Chi Minh City Peoples Committee H E Mr. Le Manh Ha in Ho Chi Minh City.

The delegation also visited Ho Chi Minh City on January 21 to attend a business-to-business event jointly organized by both governments, with participation of around 100 companies from both sides.

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Power Point Presentation on Pradhan Mantri Jan Dhan Yojana



Click here to see Pradhan Mantri Jan Dhan Yojana 


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Chief Minister’s Conference on Internal Security and LWE issues postponed

The Chief Minister’s Conference on Internal Security and Left Wing Extremism (LWE) issues scheduled to be on January 31, 2015 stands postponed.

The next schedule of the above mentioned Conference will be intimated in due course.

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Energy and Industry Minister of Albania calls on the MoS (I/C) for Petroleum and Natural Gas Shri Dharmendra Pradhan

Mr. Damian Gjiknuri, Minister for Energy and Industry, Albania met the Minister of State (I/C) for Petroleum and Natural Gas Shri Dharmendra Pradhan today.

The Albanian Minister stated that Albania has oil and gas producing fields and welcomed a technical team from India to look into the data before taking a decision on investment.

The two sides agreed to explore all avenues of cooperation in hydrocarbon sector, including exploration & production and city gas distribution.


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Hope to achieve US$15 bn bilateral trade target by 2020: Vietnamese Dy. PM Hope to achieve US$15 bn bilateral trade target by 2020: Vietnamese Dy. PM Reviewed by Ajit Kumar on 3:59 PM Rating: 5

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