Thanks to 40 Indian companies that link commerce with companies in Lam Dong and the Central Highlands

DNHN - More than forty businesses from eight Indian states operating in the fields of agriculture, pharmaceuticals, tourism, information technology, and education gathered for the first time in Da Lat city, Lam Dong province, to network and learn.

On the afternoon of August 31, a conference on business and investment cooperation between Lam Dong province and India was held in Da Lat city. More than forty businesses from India and more than seventy businesses from the Central Highlands provinces attended the conference.

Vice Chairman of the Provincial People's Committee Pham S stated at the conference's opening that this conference aims to concretize policies to promote bilateral relations in trade, economy, and investment between India and the Central Highlands provinces, including Lam Dong; promoting opportunities to export agricultural products with local strengths to the Indian market; and creating opportunities for investment cooperation, production and business, trade co-operation, and business co-operation. Lam Dong Provincial People's Committee also desires to establish robust commercial ties with Indian partners; ideally, Lam Dong will become a local supplier of safe and high-quality agricultural products - processed foods for India's distribution channels...

Vice Chairman of the Provincial People's Committee Pham S hopes that the business-friendly and dynamic business and investment environment of Lam Dong province and the Central Highlands region offers numerous opportunities for business cooperation with Indian companies. Indian industry with the Central Highlands region - where there are many suitable products and the ability to meet the consumption market of India; simultaneously demonstrating the need to cooperate with countries with developed economies to affirm the transformational goals of the Central Highlands provinces...

General Consulate of India in Ho Chi Minh City According to Madan Mohan Sethi, this is the first time that more than forty businesses from eight Indian states and two associations have travelled to Da Lat city, Lam Dong province. These companies operate in the fields of agriculture, pharmaceuticals, agricultural machinery, information technology, tourism, and education, and they seek to establish business relationships with Vietnamese companies.

Mr. Madan Mohan Sethi stated, "I've travelled to over 30 provinces and cities in Vietnam on numerous occasions. What I see everywhere are opportunities in the fields of commerce, investment, education, information technology, tourism, and health care... Although our bilateral trade exceeds 15 billion US dollars, we are all aware that it falls short of its potential." Mr. Madan Mohan Sethi would like to invite businesses from both sides to discuss business and cooperation issues.

"I assure the provincial government of Lam Dong that the Consulate General of India will continue to collaborate shortly to organise trade promotion, investment, tourism, and cultural exchange events." Mr. Madan Mohan Sethi pointed out.

Within the framework of the Business and Investment Cooperation Conference Programme between Lam Dong Province and India, a B2B (Business to Business) connection session was held between Central Highlands and Indian businesses, according to Lam Dong Duong Quoc, Director of the Centre Promotion of Investment, Trade, and Tourism. Anh-related information: The Central Highlands of Vietnam are comprised of five provinces and are land rich in potential, with a beautiful natural landscape and a mild climate; it is the capital of industrial crops such as coffee, tea, silk, and pepper, among others. In the context of integration and growth, cooperation in business development, market expansion, and identifying development opportunities is prevalent. Utilising a company's existing advantages is essential and objective. Businesses in the Central Highlands cannot avoid this trend of integration and must urgently develop business cooperation.

Presently, Lam Dong has registered numerous products to establish the rights of certification marks and collective marks, including B'Lao Tea, Di Linh Coffee, Arabica Langbiang Coffee, Da Lat Vegetables, and Da Lat Flowers.

Ms. Nguyen Thi Thu Hien, Vice President of the Lam Dong Provincial Business Association, presented, on behalf of the province's business community, the characteristics that make Lam Dong's agricultural products distinctive, competitive, and well-known. produced according to a closed, safe process, creating unique flavours, packaged in beautiful and convenient designs to serve the enjoyment needs of consumers; and the need for investment cooperation, such as coffee (bean, powder, tablets, filter bags...), tea (black tea, green tea, oolong tea, tea bags...), nuts (macadamia nuts), Sachi seeds, cashews...), vegetables (fresh, processed), artichokes...

Ms. Hien also highlighted Lam Dong's advantages in terms of people-friendly tourism types (ecotourism, agricultural tourism, health resort tourism, healing tourism, spiritual tourism, etc.). India, which is in the process of being developed, will contribute to the formation of robust trade ties, spawning a form of commercial tourism...; information technology...; and reaping the benefits of commercial cooperation within the context of globalisation.

Representatives of units from the Central Highlands of Vietnam and India also provided information regarding the potential, strengths, supply capacity, and need for cooperation; projects requiring investment, information on tourist routes, and information on businesses; investment-attracting policies... Aside from the Conference, delegates continued to learn about operating and business models in the provinces of Lam Dong and the Central Highlands, seeking partners to sell appropriate products. suitable for Indian consumption requirements, surveying investment attraction projects for which the provinces of Lam Dong and the Central Highlands are seeking capable and enthusiastic investors.

Vietnam and India have maintained diplomatic relations for over fifty years. Despite experiencing complex fluctuations in regional and global conditions, Vietnam and India have always maintained a stable and cordial relationship. growing increasingly superior. Based on advancing past accomplishments, relations between Vietnam and India are progressing towards greater cooperation.

India is a country with vast potential in a variety of fields and a market of over one billion people. Vietnam's Central Highlands are a land of great potential, the capital of industrial crops such as coffee, tea, silk, and pepper, with great potential for the development of cooperation and trade with India. The relationship between Vietnam and India, as a whole, and between the Central Highlands of Vietnam and India, in particular, has a great deal of room for growth and is in the process of being strengthened.

The conference also acknowledged and witnessed the signing of 45 memorandums of understanding and contracts in principle. "This is the largest number of memorandums of understanding and principle contracts signed so far this year at a conference in Lam Dong, in an atmosphere of very gentle and warm commercial cooperation; it is an opportunity to promote the image of the homeland and trade cooperation between Lam Dong province and the Central Highlands region in particular, and Vietnam in general," said Vice Chairman of the Provincial People's Committee Pham S.

Huu Bang