CANTHO – More than 150 Indian companies are set to visit Dong Thap Province in southern Vietnam to explore investment and trade opportunities next week.

They will participate in a conference focused on promoting trade and investment in the province, scheduled to take place from June 27 to 29.

The event will feature products from the One Commune, One Product Program and will include trade promotion activities, industry conferences, yoga performances, and tours to the Go Thap relic site, industrial clusters, and Sa Dec Flower Village.

This conference aims to foster collaboration between Indian enterprises and local companies in Dong Thap Province and the wider Mekong Delta region.

During a press conference held on June 20 to introduce the event, Nguyen Phuoc Thien, vice chair of the Dong Thap People’s Committee, said that the goal is to attract investment and enhance trade cooperation with Indian businesses.

Madan Mohan Sethi, Indian Consul General in HCMC, highlighted the significance of the event, as it is expected to draw more than 100 commercial enterprises, 20 venture capitalists in the textiles, food processing, and seafood sectors, 20 tourism service providers, and 10 information technology companies.

Sethi stated, “The event will mark an advancement in India-Vietnam diplomatic ties.” He also noted that bilateral trade between India and Vietnam reached US$15.1 billion in 2022, a substantial increase from the US$3 billion recorded in 2013.

Sethi expressed optimism about facilitating exports of agricultural products, seafood, and flowers from Dong Thap Province and the region to India.