Ambassador Sandeep Arya: There is still room for India and Vietnam to cooperate | Business

Vietnamese enterprises attend the 41st India International Trade Fair in November 2022 (Source: VNA)

Indian Ambassador to Vietnam Sandeep Arya said that the high economic growth rates, as well as the strong digital transformation taking place in both India and Vietnam, are creating economic cooperation opportunities for the two countries.

In an interview with VNA on the occasion of the new year 2023, Ambassador Sandeep Arya commented that Vietnam is considered one of the fastest growing economies globally and its economic achievements are immeasurable. impressive.

He predicts Vietnam’s economy could grow by 6.8% or so by 2023.

According to a report by the General Statistics Office of Vietnam, the country’s GDP has grown by 8.02% in 2022, the highest increase in the 2011-2022 period. This is higher than the growth target of 6%-6.5% and the growth rate of only 2.58% in 2021 due to the impact of the COVID-19 pandemic.

“I think Vietnam’s growth story and economic achievements are really making waves around the world,” said Ambassador Sandeep Arya.

He also shared that, before taking up his assignment in Vietnam, he met with leaders and representatives of Indian businesses, and they all expressed their special affection for Vietnam, as well as their impression of the speed of the project. economic growth of Vietnam and highly appreciate the promotion of cooperation with this Southeast Asian country.

[Tăng cường quan hệ đối tác chiến lược toàn diện Việt Nam-Ấn Độ]

Vietnam is performing very well and all the momentum that Vietnam has created in terms of economic growth, foreign trade, foreign direct investment attraction and other economic indicators has really shown that Vietnam Nam will be a promising country in the coming years.

Dai su Sandeep Arya: Many journeys to An Do and Viet Nam have a picture of him 2Indian Ambassador to Vietnam Sandeep Arya (Source: Indian Embassy in Vietnam)

According to the Ambassador, there is still a lot of room for India and Vietnam to step up and make important strides in the region bilateral cooperation next time.

Ambassador Arya proposed maintaining joint working mechanisms and trade subcommittees between the two governments to exploit these opportunities, considering the possibility of cooperation in the fields of infrastructure development, digital technology. , financial technology (Fintech), oil and gas exploration, defense technology and shipping.

“If we look at foreign direct investment (FDI) attraction and other economic indicators of both countries, India and Vietnam will lead in terms of global economic growth, therefore , there are many opportunities for both countries to strengthen trade, business and investment cooperation, joint ventures and in many other related fields such as agriculture, food processing, energy,” said Mr. determined.

Ambassador Arya expressed optimism about the bright future of bilateral relations and said that along with a solid foundation from the long-standing traditional friendship, the two countries have complementary economic models and experiences. to share with each other.

Mr. Arya assessed that India and Vietnam have “very bright” prospects for expanding relations. “Next year, we are looking at three or four pillars of our well-established relationship, including trade and investment, defense and security, and people-to-people exchanges,” he said. speak.

Dai su Sandeep Arya: Many journeys to An Do and Vietnam have a picture of him 3Indian Defense Minister Rajnath Singh (right) reviews the honor guard of the Vietnam People’s Army on his official visit to Vietnam from June 7-10, 2022. (Source: VNA)

Ambassador Arya highlighted the good development of the two countries’ diplomatic relations, saying that this relationship is rooted in a stable political foundation, trust, solidarity, mutual understanding and support.

According to him, the “really excellent bilateral relationship” is a solid foundation for the two countries to promote cooperation in many fields, including politics, economy-trade, defense-security, and culture. and tourism in the years to come.

The Ambassador also said that there are many new ideas that he plans to explore and discuss with Vietnamese authorities, because the relationship between the two countries has a really solid foundation for development in the coming years. next year. He pledged to do his best to make them part of a “successful growth story” between the two countries.

Mr. Arya also expressed his excitement about what will be experienced and witnessed for himself in Vietnam during the Lunar New Year. On this occasion, he sent New Year greetings to the leaders and people of Vietnam, wishing Vietnam a new year of success and prosperity.

Do Hien-Kim Anh (VNA/Vietnam+)

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