At the recently concluded Asia Agri Food Conference in Ho Chi Minh City, several ideas to cement the India-Vietnam partnership in the area of agriculture and agribusiness came to the fore.

The remarkable growth in goods trade between India and Vietnam over the last two decades is worth noting. Vietnam’s impressive strides in the field of electronics is, of course, well recognised.

The trade structure of the two countries is actually complementary. While Vietnam exports industrial, high-tech goods, India’s exports comprise raw materials, agricultural goods and some manufactured goods.

From about US $200 million in early 2000, the value of the bilateral trade increased to $15 billion by 2024. Valued at about $9 billion and up 7.6 per cent year on year, Vietnam’s exports to India comprise mobile phones, computers, electronic products, machinery, equipment, tools, spare parts, telecom instruments, consumer electronics, processed minerals, timber, wood products, rubber, coffee, cashews, seafood, etc.

India’s exports to Vietnam were........

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