Indian businesses eye HCM City market
(VOV) - Representatives of leading Indian businesses say they are interested in incentives HCM City is offering to foreign investors and want to establish partnerships with local businesses.
The representatives, who are members of the Confederation of Indian Industry (CII), expressed their desires at a working session with Le Thanh Hai, HCM City Party Committee Secretary, in New Delhi on March 15.
They said they want to establish partnerships with Vietnam in the areas of automation equipment manufacturing, human resource training for the healthcare, agricultural and transport sectors, and transport infrastructure development.
Hai, who was visiting Indian, briefed his hosts on HCM City’s major development achievements, business environment and incentives, and vowed to create the best possible conditions for foreign companies, including those from India, to do business efficiently in the city.
They discussed the potential for investment cooperation between Vietnam and India, as well as between HCM City and India.
The same day, Hai met with New Delhi Chief Minister Sheila Dikshit who spoke highly of Vietnam’s Renewal achievements.
Both host and guest exchanged experience in developing urban transport infrastructure and pledged to facilitate the two sides’ business operations in HCM City and New Delhi.
Earlier Hai met with President Pranab Mukherjee and General Secretary of the Communist Party of India (CPI) Sudkhar Reddy.