India Vietnam Trade50-Company Delegation to Visit India for $25B Digital Target
NOIDA — Marking a contemporary high point in relations between India and Vietnam, the ‘Vietnam-India Digital Economy and Cross-Border E-Commerce Forum’ was successfully hosted at Marwah Studios in Noida. This event directly aims to accelerate trade between the two countries past the $25 billion (approx. ₹2 lakh crore) milestone. The high-profile summit was jointly organized by the Trade Office of the Embassy of Vietnam in India, the Vietnam E-Commerce and Digital Economy Agency (IDEA) under Vietnam’s Ministry of Industry and Trade, Marwah Studios, and the Global Trade & Technology Council (India) – GTTCI. The event saw active participation from diplomats, business leaders, and digital experts from both nations.
Vietnamese Trade Delegation of 50 Companies Coming to India
The biggest achievement of this forum is that it has laid the foundation for a massive business blueprint. The Vietnamese government is now preparing to send a powerful business delegation comprising 40 to 50 major MSMEs (Micro, Small, and Medium Enterprises) to India very soon. This delegation will visit India to work directly with local business partners on: • Joint Ventures & Investments: Collaborating with Indian enterprises for mutual growth. • Innovative Tech Collaborations: Sharing automated supply chain systems. • Import-Export Agreements: Creating direct retail pipelines to seamlessly connect the markets of both nations.
India Vietnam Bilateral Trade: The Road to $25 Billion
During the press briefing at the event, Mr. Bui Trung Thuong, Trade Counsellor and Head of the Trade Office at the Embassy of Vietnam, presented the economic data and future vision for both countries.
Current Trade Status between India and Vietnam
Despite global economic challenges, mutual trade between India and Vietnam stands firm at $14.8 billion. Electronics, agricultural products, raw materials, and machinery hold a remarkable share in this volume.
Boosting Business Through Cross-Border E-Commerce
Moving away from traditional methods, the entire focus is now shifting toward cross-border e-commerce. The internet and digital tools will give even the smallest retailers direct access to the other country’s market.
Role of the Upcoming Vietnamese Delegation
The primary focus of the 50-company delegation coming to India will be to share technology, build automated supply chains, and introduce consumer goods into Indian markets at a much faster pace.
Why Cross-Border E-Commerce is Crucial for MSMEs
Sharing their insights at the forum, the Vietnam E-Commerce and Digital Economy Agency (IDEA) highlighted that consumer trust in online shopping is at an all-time high. In such a scenario, cross-border e-commerce drastically cuts down business costs, eliminates middleman layers, and helps businesses from Delhi-NCR to Hanoi procure direct customers.
3 Major Transitions for Seamless Digital Trade:
1. Easy B2B Payment Systems: Making B2B transactions between the two countries smooth enough to save valuable time and operational costs. 2. Fast Delivery & Warehousing: Developing robust logistics hubs in India and Vietnam so that goods can be delivered within a 48-hour window from order placement. 3. Relaxation in Customs Procedures: Reducing paperwork and clearance delays at airports and ports using automated digital computer systems.
The Role of Marwah Studios and GTTCI
Noida’s Marwah Studios is playing a major role in this entire mission. To sell any Vietnamese product in India or an Indian product in Vietnam, a strong digital marketing strategy and localized content are essential. Marwah Studios will leverage its media and creative strengths to help these new brands reach households in both countries. Meanwhile, GTTCI is working to simplify the necessary government, regulatory, and legal pathways for businesses.
B2B Matchmaking Opportunities for Indian Traders
This upcoming delegation of 50 Vietnamese companies brings a massive opportunity for Indian importers, logistics companies, digital marketers, and e-commerce platforms to scale their businesses and boost revenues. • B2B Matchmaking Sessions: Exclusive interactive meets will soon be launched to connect traders from both nations. • Direct Access for Startups: Indian e-commerce startups will get a direct opportunity to partner with top-quality manufacturing companies from Vietnam.
Vietnam Embassy Delhi Trade Office: Contact Details
For companies, entrepreneurs, or traders looking to become a part of this delegation or explore partnership opportunities, the Embassy of Vietnam has opened direct channels for networking: • Point of Contact: Ms. Jenny Hoang, First Secretary, Embassy of Vietnam • WhatsApp Number: +91 92661 59988 • Official Email: trade@vietnamembassydelhi.in Note: Event photographs, the upcoming schedule for the delegation, and complete registration details can be accessed via the official informative platform Star IMF. This forum has made it absolutely clear that the business future of India and Vietnam is now digital, and the $25 billion target is well within reach.