Dong Thap seeks to tap Indian investment, technology in agriculture

The Indian Consulate General in Ho Chi Minh City and Dong Thap province organised an online meeting to promote trade in the agricultural sector.

The ‘Virtual meet on Trade and Investment promotion between India and Dong Thap Province in Agriculture’ on December 15 saw Doan Tan Buu, Vice Chairman of the provincial People’s Committee, saying trade with India had grown steadily in the first nine months of this year to reach US$5.96 million.

Dong Thap province is ready to tie up with Indian investors and businesses for organic and sustainable food processing and wants to invite them to invest in farming mango, its main fruit, he said.

Indian Consul General Madan Mohan Sethi said Indian companies want to explore business and investment interests with entrepreneurs of Dong Thap.

He wants to have more interactions between states in India and provinces in Vietnam.

On the occasion, the Indian Business Chamber in Vietnam (INCHAM) and Dong Thap Trade, Tourism and Investment Promotion Centre signed an MoU to step up trade and investment cooperation between the two sides and increase communication and exchanges of delegations.

The meeting was attended by 70 Indian and Vietnamese officials and executives from the agricultural commodities and food processing sectors.

Thirty companies from India and Vietnam joined a B2B session to discuss potential trade opportunities in the agricultural sector.