Vietnam Companies Plan to Invest in Telangana - News

Vietnamese companies have expressed a strong desire to invest in Telangana. The Telangana trade delegation led by FTCCI visited Vietnam to explore trade potential. Vietnam firms were eager to engage in agriculture, manufacturing, and services, according to an FTCCI announcement. A trade team of more than 30 people led by FTCCI visited Vietnam at the invitation of the Vietnam Chamber of Commerce and Industry (VCCI), the Consul General of India in Vietnam, and the Vietnam Government. 

The purpose of the tour is to exchange information and explore trade and investment prospects in Vietnam, as well as to share information on opportunities in the state of Telangana. FTCCI also inked a Memorandum of Understanding (MOU) with Vietnam Chamber of Commerce and Industry (VCCI) with the goal of promoting commerce and investment between the two economies. The MoU was signed by Tran Ngoc Liem, General Director, The Vietnam Chamber of Commerce and Industry, Ho Chi Minh City (VCCI-HCM) and Anil Agarwal, President, FTCCI.