In 2017, India’s total registered investment in Vietnam reached 756 million US dollars with 168 projects in 24 provinces and cities, ranking 28th in 126 countries and territories investing in Vietnam.
Vietnam now has seven investment projects in India with a total registered capital about 6.15 million US dollars. The projects are mostly in distribution of animal feed and construction materials, export cosmetics export and IT products.
India now is one of ten biggest trade partners of Vietnam. Vietnam-India trade hit 7.63 billion US dollars in 2017, up 41 percent year-on-year, and five times that of 2007. Vietnam’s export turnover to India surged by 21 times, from 180 million US dollars in 2007 to 3.76 billion US dollars in 2017.
|