Vietnam-India trade hits 1.65 billion USD during Jan-Feb, up 2% against last year period

Update: 17:37 | 19/03/2020
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.
TIN LIÊN QUAN
vietnam india trade hits 165 billion usd during jan feb up 2 against last year period Vietnam, India bolster bilateral investment, trade
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Several exported commodities reported impressive growth, including plastics (257.2 percent), confectionery and cereal products (135.8 percent), rattan products and carpets (121.5 percent) and animal feed (113.5 percent).

vietnam india trade hits 165 billion usd during jan feb up 2 against last year period
Vietnamese businesses seek garment material supply at Indian fair. (Photo: VNA)

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 fraud 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.

vietnam india trade hits 165 billion usd during jan feb up 2 against last year period

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(Source: VNA)