Vietnam has huge untapped potential for Indian exporters: FIEO
A delegation from Vietnam is in India to promote investment in several sectors including IT, textiles and food processing The Dollar Business Bureau | @TheDollarBiz Vietnam is Indias 29th largest trade partner (ahead of Bangladesh), and is a growing market for India with bilateral trade between the two countries growing to $8.03 billion in FY2013-14, up sharply from $2.36 billion in FY2009-10. Last fiscal year, Indias exports to Vietnam grew around 37.2% y-o-y to $5.44 billion. However, there is still a huge potential waiting for Indian exporters, says the Federation of Indian Exporters Organisation (FIEO). (In $ thousand) Source - International Trade Centre India imports mainly electronic equipment and spices from Vietnam, while Indias exports to Vietnam comprise mainly agriculture and food products; ...
