Economy
FIPIC at 10: India’s strategic engagement with the Pacific Island countries
Since 2002, India has been a dialogue partner of the Pacific Islands Forum (PIF), but meaningful engagement only began in 2014 with the Modi government's establishment of the FIPIC.
Economy
UKVFTA Opens up New Opportunities for Vietnamese Coffee Exports
Following the signing of the UK-Vietnam Free Trade Agreement (UKVFTA), the average export price of Vietnamese coffee to the United Kingdom has surged, underscoring Vietnam’s increasingly strong position in the global coffee market.
Economy
Fostering Digital Economic Growth and Technological Innovation in Vietnam
The draft Law on Digital Technology Industry is anticipated to provide a legal framework to foster the development of Vietnam’s digital technology industry. Its focus is on Vietnamese digital technology enterprises, gradually transitioning from assembly and outsourcing to innovation, design, integration, production, and mastering core technologies.
Vietnam Achieves Highest Export Growth to Singapore in 11 Months
Over an 11-month period, Vietnamese exports to Singapore increased by 32.11% year-on-year, while exports to Taiwan (China) and India grew by 26.70% and 23.86%, respectively.
Vietnam Ascends to World’s Second Largest Garment Exporter
Vietnam’s textile and garment industry is on track to achieve nearly US $44 billion in exports this year, surpassing competitors to become the second-largest exporter globally, according to Vinatex's General Director Cao Huu Hieu.
Vietnam - US Trade: Many Bright Spots Throughout 2024
Do Ngoc Hung, Trade Counsellor and Head of the Vietnam Trade Office in US, shared in a recent interview that the economic and trade mechanisms between Vietnam and the US have shown efficiency in 2024.
India’s expanding credit landscape is a result of the strengthening of Indian financial markets
Robust consumption demand and capex push by the government, accompanied by rapid digitization and expanding financial inclusion, are the backbone of expanding financial markets in India.
PM Modi meets President of Kuwait Heritage Society, praises works of preserving India-Kuwaiti artefacts
Official Spokesperson of the Ministry of External Affairs, Randhir Jaiswal said that Prime Minister Narendra Modi met with Fahad Ghazi Alabduljaleel, President of Kuwait Heritage Society in Kuwait on Sunday.
Leading the Way: Singapore's Exceptional Achievements at the ACES Awards 2024
At the ACES Awards 2024, Singaporean companies and leaders took center stage, honored for their groundbreaking contributions to sustainability, innovation, and transformative leadership.
India to be global hub for renewable energy in next 30 years: US Ambassador
Like the resilience of a palm tree that grows notwithstanding the "strongest storm" and "biggest wind", the India-US relationship will continue to thrive and benefit the world, US Ambassador Eric Garcetti said on Monday.
Sri Lanka hails India’s support in economic recovery, debt restructuring
Sri Lankan President Anura Kumara Dissanayake expressed gratitude to the Indian government for its support during their economic crisis and subsequent recovery efforts and acknowledged the country’s role in debt-free structuring process.
UK Commits to Supporting Vietnam’s CPTPP Goals for Growth and Innovation
As the CPTPP takes effect on December 15, the UK and Vietnam stand ready to deepen their trade ties, bolstering cooperation across key industries.
Vietnam's Remarkable Economic and Social Advancements Highlighted in Int'l Rankings: Australian Expert
Vietnam's economy maintained robust performance in 2024, as highlighted in the latest Asian Development Bank’s Asian Development Outlook. This impressive economic progress was noted by Hal Hill, an emeritus professor at the Crawford School of Public Policy at the Australian National University.
RoK Investor Opens Aerospace Factory in Danang
The factory, which was built with an investment of US$20 million, will produce, process and assemble aircraft parts, including auxiliary engine doors, wing boxes, gliders and left-wing support systems for Boeing 787 and Boeing 737 Max aircraft.
India Middle East Europe corridor discussed between PM Modi and UAE deputy PM: MEA
Prime Minister Narendra Modi has emphasised on the implementation of the India-Middle East-Europe Corridor (IMEEC) as a 'historic initiative' to foster regional connectivity and prosperity during his meeting with United Arab Emirates Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan.
Indian EV and ancillary industries to attract USD 40 billion investments, driving real estate opportunities: Colliers
The Indian electric vehicle (EV) and ancillary industries in India are anticipated to receive around USD 40 billion of investments over the next five to six years, opening up multiple opportunities for real estate according to a report by Colliers India.
Booming Demand for Rare Hanoi Project Featuring 3 Smart Parking Basements
Hanoi is in the thirst for parking spaces, with residents often resorting to temporary lots and even parking on sidewalks. This scarcity makes projects like Hanoi Melody Residences, which offer extensive smart parking garages, stand out significantly in the city's new project landscape.
India's Strategic Ascension in Global Trade Competitiveness
India's active participation in international forums such as the G20, BRICS, and the World Trade Organization (WTO) signifies its emerging role as a key global leader in shaping the future of international trade.
Homebuyers Flock to Southwest Linh Dam, Hanoi Melody Residences Experiences Surge in Customers
Hanoi Melody Residences enhances homebuyer options by launching its 2 bedroom +1 apartments. With the announcement of flexible sales policies, especially the preferential golden policy, the 2-bedroom (BR), 2BR + 1, and 3BR apartments with areas from 68m2 - 145m2 are now totally within reach.
EU Delegation Highlights Green Energy Transition in Can Tho and Tra Vinh
This initiative is part of the EU's Global Gateway Strategy, which prioritizes investments in climate and energy projects to foster infrastructure development and accelerate the green energy transition in partner countries.
India’s Space Agency Launches European Proba-3 Mission
India’s PSLV-C59 has successfully launched the European Space Agency’s (ESA) Proba-3 mission. The mission consists of two satellites, the Coronagraph Spacecraft (CSC) and the Occulter Spacecraft (OSC), deployed into a highly elliptical orbit to demonstrate precision formation flying. This marks a significant milestone in international space collaboration.
Promoting Gender Equality and Women-Led Businesses through International Collaboration
This visit marks a significant step in fostering international connections and strengthening the role of women entrepreneurs in global markets.
India among top 50 countries in ‘Network Readiness Index 2024’
India’s digital transformation journey has reached a significant milestone, reflected in its impressive leap in the Network Readiness Index 2024 (NRI 2024). Climbing 11 positions, India secured the 49th rank among 133 economies, a substantial improvement from its 60th rank in the NRI 2023. This progress highlights India’s growing technological strength and the success of its initiatives to foster digital innovation and connectivity.
