There is an urgent require for launching a direct flight between India and Vietnam in order to heighten trade and tourism between the two countries. Vietnam was in negotiations with Indian private airlines such as Jet Airways and Kingfisher to connect India and Vietnam by a direct flight. It could be either from Mumbai, Kolkata or any other city depending upon the feasibility. The size of bilateral trade was at $1.57 billion during the first six months between January-June 2008. Imports to Vietnam from India were at $1.45 billion, while exports from Vietnam to India was at $120 million.
Both nations had set a bilateral trade aim of $2 billion by 2010. Feed ingredients, pharmaceuticals, machinery and equipment, steel and plastic materials among others were the major items of import from India. While, coal, pepper, rubber, computer and electronic goods, cinnamon, garment and textiles formed the major exports from Vietnam. India''s investment in Vietnam was at $5.35 billion up to June 2008.
Both nations had set a bilateral trade aim of $2 billion by 2010. Feed ingredients, pharmaceuticals, machinery and equipment, steel and plastic materials among others were the major items of import from India. While, coal, pepper, rubber, computer and electronic goods, cinnamon, garment and textiles formed the major exports from Vietnam. India''s investment in Vietnam was at $5.35 billion up to June 2008.
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