DPIIT Hosts Vietnamese Delegation To Boost Cooperation In Infra, Logistics Sector

New Delhi, Aug 3 (KNN) With the aim to promote bilateral cooperation in the infrastructure and logistics sector, the Department for Promotion of Industry and Internal Trade (DPIIT) hosted Vietnamese delegation in New Delhi on Wednesday.

The five-day visit by the Vietnam’s delegation is a follow-up to an Indian delegation's visit in March.

Around 80 participants, including Vietnamese delegates from various logistics and supply chain companies and associations, had fruitful discussions on both days, the DPIIT said.

A direct shipping route between India and Vietnam is a potential area of interest for both sides, it said, adding, investment opportunities in industrial parks and Greenfield industrial smart cities such as Dholera Special Investment Region can be explored by Vietnamese businesses.

DPIIT added that investment opportunities in modernisation and monetisation of infrastructure at 85 locations in Tier-I and Tier-II cities under public-private partnership mode, could be explored by the Vietnamese side.

At the meeting, the Vietnamese companies showcased development in their logistics and supply chain network, along with investment opportunities in various sectors, including logistics facilities, air cargo, and container shipping and maritime.  (KNN Bureau)