Overview
Lucknow – The Uttar Pradesh International Trade Show 2024, held in Greater Noida, witnessed a significant boost in bilateral trade between India and Vietnam during the India-Vietnam Business Forum on Thursday. The event included an e-commerce session organized by Abdul Kalam Technical University (AKTU).
Strengthening Partnerships
Participants in the discussions committed to enhancing the partnership between Uttar Pradesh (UP) and Vietnam to facilitate the entry of UP products into South Asian and ASEAN markets. The forum highlighted the strategic locations of both nations as gateways for trade, with India serving as a bridge to South Asia and Vietnam to ASEAN.
Key Attendees
The session featured participation from a Vietnamese delegation, including Ambassador Nguyen Thanh Hai, along with key officials from the UP government. Cabinet Minister for MSME, Rakesh Sachan, emphasized the historical cultural ties between India and Vietnam, describing the two nations as natural partners. He encouraged investors, especially in tourism and hospitality, to explore investment opportunities in UP.
Insights on E-Commerce
The second part of the program focused on the e-commerce sector, featuring insights from industry leaders like Amazon, fintech platform PingPong, and BigCommerce. These companies provided valuable strategies and insights to attendees on navigating the digital marketplace.
Commitment to Empowerment
Minister Sachan reiterated the government’s commitment to empowering small and medium enterprises (SMEs) through digital transformation, fostering innovation, and improving market access via e-commerce platforms.
Conclusion
The event attracted substantial attention, with over 40,000 visitors attending on the second day, underscoring the growing interest in enhancing trade relationships and exploring new business opportunities.
