India Chemical Leather Exporters Rush To Vietnam Market
After grabbing China and the US market, some India companies, such as Essar and Tata, are landing in Vietnam because Vietnam is one of the fastest growing markets in Asia.
Ficci has done a research report on "India Vietnam trade". The top India companies, such as Essar and Tata, have invested heavily in Vietnam, and many companies are also considering increasing their market share in this one party ruling Communist country.
The report says that in many areas, including IT, agriculture and food processing, railways, energy, tea processing machinery, textile machinery, power pmission and power generation, India's exports may weaken the Vietnamese market.
In 2006, bilateral trade between India and Vietnam reached US $1 billion, and the bilateral trade between the two countries set up to 2010 was US $2 billion.
Ficci said that India is one of the top 10 largest investment countries in Vietnam. Essar group is building a hot-rolled steel plant in BaRiaVungTau, investing 527 million US dollars, and Tata steel will invest 3 billion 500 million US dollars in the construction of a steel joint venture in ThachKhe-HaTinh.
Vietnam has become an investment destination favored by investors because Vietnam is politically stable and rich in natural resources, such as oil and coal.
Animal feed ingredients are India's largest exports to Vietnam, followed by metals, plastics, steel, cotton, pharmaceuticals and machinery.
India exporters export chemical leather, textiles and pesticides to Vietnam, while importing coal, pepper, tea, rubber, computer software and electronic products.
- Related reading
Nike 08 "Skyscraper Competition" Wuhan Railway Station Entered The Second Competition Day.
|- Celebrity interviews | Japan China Trade Expansion Coincides With Japan'S Economic Recovery.
- Consumer rights protection | The Pain Of A Pair Of Shoes That Cannot Be Sustained By Feet.
- Consumer rights protection | Only Buy Expensive, Do Not Buy The Right Brand, Encounter Depreciation
- Celebrity endorsement | Arenas Sells Shoes To East China Normal University
- Shoe Express | A Man Buys 260 Thousand Fake Fake Shoes For Wholesale Jail.
- Pay attention to employees | Pearl River Delta Industrial Pfer Upgrading
- | The Elderly Shoe Heel Should Be 2 Centimeters.
- Global Perspective | Famous Outdoor Sports Brands In The United States Seize The Chinese Market
- Foreign trade information | Guangdong'S Export Growth Slowed Down And Adjustment Intensified.
- Enterprise information | Seven Wolf Net Profit Increased 150% - 200% In The First Half Year
- Wan Hua MDI Project Was Appraised As "National Environmental Friendly Project".
- Yantai Wanhua: Rely On Technological Progress To Achieve Real Energy Conservation And Emission Reduction
- China'S PU Industrial Park Base Will Soon Take Shape In Shanghai.
- 2008 Olympic Games "Polyurethane Industry"
- Longgang'S Industry Adjustment, All Leather Leather Enterprises Move Away
- Textile Enterprises In Hongkong Promote Green Manufacturing
- Two Men Claimed 1 Million 800 Thousand Yuan Leather
- Award Winning Costume Design For Chinese Sports Delegation 2008 Olympic Games
- Mllson Shoes Will Open Online Outlets
- Adidas: Insulting China Advertising Is TBWA Internal Affairs