The Deputy Prime Minister of Vietnam Tran Luu Quang will be attending the 10th Vibrant Gujarat Summit to be held from 10th-12th January 2024 at the invitation from the Chief Minister of Gujarat Bhupendra bhai Patel. Such visits encourage bilaterainvestments, promote trade and boost confidence among business communities, and increase better connect among the general citizenry.Exclusive Bilateral Investment Treaty, better logistical capabilities, direct connectivity through air, water and land,Indo-Vietnam partnership on emerging fintech and payment solution such as UPI will encourage Indian businesses to invest in Vietnam
Vietnam has emerged as one of the world’s most dynamic economies, captivating global attention with its impressive growth trajectory. From a humble beginning as a war-torn nation, Vietnam has transformed into a vibrant economic powerhouse, fuelled by a combination of strategic reforms, resilient people, and an advantageous position in the global market.Since the “ĐổiMới” reforms in 1986, Vietnam has consistently registered impressive GDP growth, averaging over 6.5% in the past three decades,putting Vietnam in the group of the fastest growing economies in the region and in the world.Policymakers in Vietnam have brought in regulatory reforms to tighten laws in the financial sector and are eyeing to upgrade Vietnam’s financial market from “frontier market”to “emerging market”statusby 2025.With the aimofmaintaining
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