According to a release by the Vietnamese private conglomerate, under the MoU, both parties will collaborate to explore strategic opportunities across key sectors such as smart urban development, electric mobility solutions, healthcare, education, tourism, renewable energy, charging infrastructure across approximately 2,500 hectares, as well as electric taxi services.
The company is on track to achieve its target of 35 dealerships nationwide by the end of 2025, strengthening its presence in India.
A standout moment came when Phan Thanh Loc, Founder and Chairman of Vietnam Food JSC (VNF), took the floor with a presentation titled “Turning Waste into Wealth. He outlined a circular economy model that transforms shrimp by-products into new revenue streams, cutting greenhouse-gas emissions and creating sustainable value chains for seafood and other industries.
Vietnam has reinforced its growing presence in the global food industry by being honoured as the Focus Country for the second time at World Food India 2025 (WFI 2025), a premier international event taking place from September 25–28 at the Bharat Mandapam International Exhibition Centre in New Delhi.
Raj Plast 2025 is expected to not only affirm its role as a bridge for cooperation in the plastics industry between Vietnam and India but also open up many opportunities for Vietnamese enterprises to expand their markets and engage more deeply in the global supply chain.
The new tax regime of India is a landmark reform that promises to generate profound changes in India’s business landscape and will directly affect Vietnamese investors, producers, and exporters in this market.
Vietnamese automaker VinFast on September 6 officially launched sales of its premium electric SUVs - the VF 6 and VF 7 - in India.
Vietnam National Startup Support Centre, Amity Innovation Incubator (India) and Vietjet have launched the “Startup Flight” initiative, connecting the innovation ecosystem between Vietnam and India.
The deal with the State Bank of India (SBI) marks an important step in VinFast’s strategy to expand its presence and promote green mobility in India, one of the world’s fastest-growing electric vehicle (EV) markets.
VinFast Tamil Nadu is the company’s third operational plant and the fifth project in VinFast’s global network. It is also the first facility to be inaugurated outside Vietnam, demonstrating the global expansion vision and large-scale project implementation capacity.
Thuong noted that the range of goods subject to mandatory BIS certification in India is extensive, covering products such as chemicals, iron and steel, toys, footwear, wooden and rubber items, among others. For Vietnamese businesses, acquiring accurate information and gaining a clear understanding of the certification process are the key to unlocking export potential in the Indian market, home to over 1.46 billion consumers, he underscored.
The Surat outlet marks VinFast’s first physical touchpoint in India and highlights its long-term commitment to building a robust, customer-centric electric mobility ecosystem.
The two EVs are scheduled for public debut in August, following the inauguration of VinFast’s manufacturing plant in Thoothukudi, Tamil Nadu state.
Under the agreement, BatX Energies will provide VinFast with comprehensive solutions for high-voltage (HV) battery recycling, including the recovery of materials such as lithium, cobalt, and nickel, as well as battery repurposing at VinFast’s manufacturing facilities and after-sales network in India.
An online seminar on strengthening trade relations through international trade fairs, held by the Vietnam Trade Office in India on June 25, saw the participation of nearly 50 Vietnamese seafood companies and 50 Indian enterprises in sectors of processed food, agricultural products, fruits, and spices.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
Nearly 100 Vietnamese and Indian businesses, along with representatives from industry associations and trade promotion agencies, joined the event to explore partnerships and expand bilateral trade.
Since entering the Indian market, Vietnam Airlines has operated over 3,200 flights and served over 511,700 passengers. In 2024 alone, Vietnam welcomed over 500,000 Indian visitors, ranking India among its top 10 tourism markets.
Vietnam is the world's third-largest textile and garment exporter, with an export value reaching 44 billion USD in 2024, while India is a leading supplier of raw materials, particularly cotton and cotton yarn.
The seminar, titled “Vietnam - India Collaboration in Cross-border E-commerce,” looked into both opportunities and challenges for Vietnam-India e-commerce cooperation.
The business meeting provided a valuable opportunity for direct engagement, allowing participants to gain deeper insights into the Vietnamese and Indian markets and laying the groundwork for sustainable trade expansion.
Vietnam's national flag carrier Vietnam Airlines plans to launch direct flights from Hanoi to Bengaluru and Hyderabad starting in May, while private carrier Vietjet has already commenced services connecting Ho Chi Minh City to these two major Indian hubs on March 18.
Former Indian Minister of Commerce and Industry Suresh Prabhu lauded Vietnam as an exception in opening up its economy and achieving rapid development.
Vietnamese and Thai 5% broken rice have seen declines of 38-45%, with Vietnam’s prices falling from 680-700 USD per tonne to 390-400 USD per tonne, an unprecedented decrease.
Bilateral trade approximated 15 billion USD in 2024, increasing 4.5% from 2023.