Webinar on contract negotiation, signing with Indian partners
The Vietnam Trade Office in India held a webinar on July 5 to discuss several notes during the negotiation, signing and implementation of contracts with Indian partners, with about 150 business representatives interested in the Indian market taking part.
Vietnamese Commercial Counsellor in India Bui Trung Thuong speaks at the event (Photo: VNA)
New Delhi (VNA) – The Vietnam Trade Office in India held awebinar on July 5 to discuss several notes during the negotiation, signing andimplementation of contracts with Indian partners, with about 150 businessrepresentatives interested in the Indian market taking part.
Speakingat the event, Vietnamese Commercial Counsellor in India Bui Trung Thuong, whohas over 10 years of experience working in India, introduced reliable sourcesof information, including websites and portals such as www.indiantradeportal.in,agriexchange.apeda.gov.in, mca.gov.in, dgft.gov.in, etc., where businesses canlearn about India's requirements and regulations, as well as search for andverify information about potential partners.
The webinar on July 5, 2023 to discuss several notes during the negotiation, signing and implementation of contracts with Indian partners. (Photo: VNA)
Thuongalso presented the transaction process, starting from receiving the inquiryuntil settling a contract, and explained important terms in the contract,the procedures for goods delivery, payment, and how to handle disputes whenthey arise.
He also advised firms to purchase cargo and marine insurance tominimise risks during the process.
Accordingto him, industrial and consumer goods must meet the standards of the Bureau ofIndian Standards (BIS) while food products require certification from the FoodSafety and Standards Authority of India (FSSAI). This is to ensure thatVietnamese enterprises comply with the quality and safety requirements forgoods when exporting to India.
Toenjoy benefits from the ASEAN-India Free Trade Agreement (AIFTA), Vietnamesebusinesses need to declare a Certificate of Origin (CO) according to the AIformat and keep the CO dossier carefully. This will be essential as India mayrequest to verify the procedures later on, he said.
Thenext webinar is expected to provide more detailed guidance on how to verifyinformation about part🦂ners in India, instructions on resolving disputes, complaints,and preventive measures. Specific information will be posted on the website ofthe Vietnamese Ministry of Industry and Trade./.
The Vietnamese Trade Office in India and the Bureau of Indian Standards (BIS) on April 26 organised a webinar on BIS’s regulations and certification procedures for foreign manufacturers, attracting the participation of more than 60 Vietnamese firms.
Vietnam welcomes partners, including those from India, who are interested in investing in infrastructure, especially strategic infrastructure in the country, including transportation, energy, digital, and climate-adaptive infrastructure, Prime Minister Pham Minh Chinh told CEO of the Adani Group’s Adani Ports and SEZ Limited (APSEZ) Karan Adani during a reception in Hanoi on May 24.
A high-level delegation of the Vietnamese Ministry of National Defence led by Minister Gen. Phan Van Giang is paying an official visit to India from June 17-20 at the invitation of his Indian counterpart Rajnath Singh.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Vietnamese Commercial Counsellor in India Bui Trung Thuong speaks at the event (Photo: VNA) 
The webinar on July 5, 2023 to discuss several notes during the negotiation, signing and implementation of contracts with Indian partners. (Photo: VNA) 
