Overview
- President To Lam's India visit, which featured Mumbai business forums on Thursday, yielded industry MoUs and a reported $6.5 billion VinGroup commitment in Maharashtra.
- A memorandum signed Friday between WTC Mumbai, the All India Association of Industries and Vietnam’s Invest Global set up a channel to push joint work in digital infrastructure, renewable energy and logistics.
- Science ministers in New Delhi agreed to organize structured collaboration in AI, semiconductors, cybersecurity, robotics and biotechnology through nodal points and a follow-up joint committee.
- Maharashtra invited Vietnamese firms with plans for investment zones, a Buddhist tourism circuit, direct flights between Chhatrapati Sambhajinagar and Ho Chi Minh City and an annual business council.
- Ho Chi Minh City officials sought Indian R&D, smart-city and green-energy investment, while business groups pegged current trade above $16 billion with a $30 billion goal by 2030.