In his remarks at the Vietnam–India Trade, Investment and Tourism Forum in Mumbai, India’s leading economic, financial and technology hub, Vietnamese Party General Secretary and State President To Lam highlighted the encouraging progress in bilateral economic ties while noting that cooperation has yet to match the full potential and stature of the relationship.
He called on businesses from both countries to make better use of the complementary strengths of the two economies and expand investment in key sectors.
He said: “Vietnam is not only calling for investment, but is also proactively creating the best possible conditions for investors. Vietnam is accelerating institutional reforms, simplifying administrative procedures, promoting digital transformation in state governance, and improving the effectiveness of law enforcement. At the same time, Vietnam is focusing on developing investment support ecosystems, including industrial parks, high-tech zones, innovation centers, logistics infrastructure, and a high-quality workforce. We pledge to protecting the legitimate rights and interests of investors, strengthening dialogue, and building a transparent and fair business environment.”
“Vietnam aspires to be a destination for investment, and also a place where businesses can grow sustainably and maintain long-term partnerships,” he said.
On this occasion, in the presence of the Vietnamese leader, business associations and enterprises from both countries exchanged agreements on cooperation in trade and investment promotion, business connectivity, and joint projects in culture, tourism, film production, and market development.
The event brought together nearly 400 businesses from the two countries.
Also on Thursday in Mumbai, Party General Secretary and State President To Lam met with Maharashtra Chief Minister Devendra Fadnavis.
