Hanoi (VNA) – Two-way trade between Vietnam and India hit 3.47 billion USD in the eight months of this year, up 1.23 percent year-on-year, according to the Ministry of Industry and Trade’s Vietnam Trade Office in India.
This is attributed mainly due to weak economic growth in remittances-source countries and cyclic low oil prices.
New Delhi, July 23 (IANS) Start-ups are the next big economic force in India, the world's youngest startup nation with 72 per cent founders below 35 years of age, Commerce and Industry Minister Nirmala Sitharaman said here on Saturday.
HCM City (VNA) - Indian and Vietnamese gem and jewellery companies, which met on August 23 at an event organised by the Indian consulate in HCM City, agreed there is much potential for bilateral cooperation.
India’s central bank on Tuesday (7/6/2014) held its key interest rate at a five-year low, citing in inflationary fears ahead of the imminent monsoon rains.
BENGALURU: Amazon announced a massive top-up for its India investment, mounting pressure on homegrown rivals Flipkart and Snapdeal and putting on notice China's Alibaba which looks poised to be a major rival in one of the world's most lucrative retail battlegrounds.
The Vietnamese Embassy in India coordinated with the India – ASEAN – Sri Lanka Chamber of Commerce and Industry to host the conference themed “Investment opportunities in Vietnam” in Chennai city, the largest industrial center in the Southeast India, on June 01.
After Prime Minister Narendra Modi’s successful visit to Iran, the two countries have intensified their cooperation in the energy sector. “India’s oil refiners have paid about $750 million in the past two weeks and aim to clear in the next three months the entire $6.6 billion owed to Iran for crude purchased during the sanction years,” an unnamed oil ministry official said.
China and India are both grappling with escalating bad debt challenges lurking in their banking systems. Yet the two Asian economic giants are embracing markedly different strategies to clean up the mess.
LONDON: India is on track to become one of the largest installers of solar power globally as its installed solar capacity has reached 6,000 megawatts from 10 megawatts in less than six years, according to a solar power manufacturer.
Kolkata-headquartered Vikram Solar believes the government's ambitious International Solar Alliance ( ISA ) reflects India's strong commitment towards the sector.