Vietnam and India have substantial opportunities to cooperate in the automobile industry as Vietnam is accelerating FDI attraction in the sector, an official has said.

HCM City's Department of Industry and Trade, the Management Board of the HCM City Export Processing and Industrial Zones Authority (HEPZA) and the Management Board of Saigon Hi-Tech Park (SHTP) organised the “Sourcing Fair Supporting Industries 2022” (SFS 2022) conference in HCM City on September 8.

VOV.VN - Prime Minister Pham Minh Chinh has underscored the need to analyse, assess, and note any potential challenges and lessons in a bid to identify tasks and projects that must be completed in September and during the remainder of the year.

VOV.VN - Ho Chi Minh City attracted roughly US$2.71 billion in foreign direct investment (FDI) during the first eight months of the year, representing a rise of 24.4% compared to the same period from last year, according to details given by the Ministry of Planning and Investment.

VOV.VN - Vietnam raked in approximately US$16.8 billion in foreign direct investment (FDI) as of August 20, equal to 87.7% over the same period from 2021, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

The Republic of Korea (RoK) is one of the largest investors in Vietnam.

VOV.VN - The past eight months of the year saw the nation attract investment from 94 countries and territories worldwide, with a total registered capital of US$16.8 billion, equaling 87.7% over the same period from 2021, according to statistics compiled by the Ministry of Planning and Investment.

Vietnam plays a crucial role in connecting the Republic of Korea (RoK) and the Association of Southeast Asian Nations (ASEAN), Foreign Minister of the RoK Park Jin affirmed on August 26.

VOV.VN - Despite the negative impact of the COVID-19 pandemic, foreign direct investment (FDI) inflows into the nation during the past eight months of the year reached roughly US$16.8 billion, thereby affirming foreign investors’ trust in the Vietnamese investment climate.

Vietnam and India have substantial opportunities to cooperate in the automobile industry as Vietnam is accelerating FDI attraction in the sector, an official has said.