India and Vietnam Discuss Bilateral Trade Challenges

On 8th August, 2023, the 5th meeting of India-Vietnam Joint Trade Sub-Commission (JTSC) was held in New Delhi. The meeting was held after a gap of more than four years due to factors including the COVID-19 pandemic.

  • The discussions revolved around challenges in logistics that impact bilateral trade between India and Vietnam.
  • Both nations recognized the significance of tackling these challenges and expressed mutual interest in finding solutions.
  • Proposed solutions include exploring direct shipping services, collaborative freight movement, and enhancing air connectivity.
  • Potential sectors for expanded trade cooperation were identified, including agriculture, fisheries, textiles, pharmaceuticals, chemicals, machinery, and more.
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