India's nominal gross domestic product will likely outstrip Japan's in 2025 to become the world's fourth-largest economy, according to an International Monetary Fund estimate, a year earlier than the previous projection.

Vietnam kept its export growth momentum in the Indian market in 2023 after two-way trade hit a record high of 15 billion USD in 2022, Vietnamese trade counsellor in India Bui Trung Thuong told the Vietnam News Agency.

Boosting the share of manufacturing in India's economy has been one of the key promises made by Modi, who is seeking a third term in elections that start on April 19, 2024.

India has been welcomed as the guest of honour country at the 33rd Vietnam International Trade Fair (Vietnam Expo 2024) organised by Vietnam’s Ministry of Industry and Trade from April 3-6 in Hanoi.

Please contact with your resume to: Mr Rajeev Garg, Member, Board of Governors Email id: BoG.Mktg@inchamhanoi.vn

Recovery of the world economy, including many major export markets of Vietnam, is a positive sign for the Southeast Asian nation’s import and export activities in the coming time.

The UK’s magazine The Banker has run an article highlighting optimistic opinions of experts on Vietnam’s economic outlook in 2024.

The chip packaging and testing venture, known as OSAT in industry lingo, comes after Foxconn abandoned a joint venture with India’s Vedanta in July.