Executives of companies from the two countries at the India-Việt Nam Textile Cooperation event held in HCM City on November 21. — VNS Photo HCM CITY — The garment industry has called for investment in the underdeveloped textile, dyeing and fabric segments to meet the global supply chain demand, according to the Việt Nam Textile and Apparel Association (VITAS). Speaking at a business interaction event titled India-Việt Nam Textile Co-operation event held in HCM City on Thursday, Vũ Đức Giang, VITAS chairman, invited Indian companies to invest in the yarn, weaving, dyeing, and printing segments to take advantage of the market access provided by free trade agreements that Việt Nam has signed. He expressed hope that co-operation between India and Việt Nam would benefit both countries. K Srikar Reddy, the Indian consul general in the city, said: “Bilateral trade in textiles between India and Việt Nam has registered impressive growth during the last two years. Indian textile and clothing exports to Việt Nam grew 48 per cent during the last two years from US$390 million in the 2016-17 fiscal year to $578 million in the 2018-19 fiscal year. “However, there is significant untapped potential for trade in the area… Read full this story
- Uber India enhances security measures with in-app SOS button
- India govt demands operators' compliance on LBS
- Vietjet, Vladivostok Airport enhance co-operation in passenger transportation
- VMware invests $120M to boost India R&D operations
- Việt Nam launches national digital map data platform and humanitarian information system
- Pakistan Violates Ceasefire In Rajouri's Nowshera Sector: Army
- China-India Ties Beyond Bilateral, Have Far-Reaching Strategic Significance: Chinese Envoy Sun Weidong
- India's IT services market: Growing fast, but dwarfed by offshoring
- Windows 10 creeps even closer to landing on your PC
- The smartphone battleground of India -- and why Xiaomi wants in
Việt Nam, India enhance closer co-operation in textile sector have 305 words, post on vietnamnews.vn at November 22, 2019. This is cached page on Talk Vietnam. If you want remove this page, please contact us.
