Opportunities to promote investment cooperation between Vietnam and India

From February 24 to 26, 2025, in Guwahati City, Assam State, India, the "2nd Advantage Assam - Infrastructure and Investment Summit" took place.

This is the biggest event of the Assam state government to promote investment and business cooperation between enterprises from within and outside India, with the participation of many large business representatives, investors and senior leaders from both India and internationally.

The event is also an important opportunity for Vietnam to exploit the potential for cooperation with the northeastern regions of India, especially in the context of increasingly strong relations between the two countries.

In his inaugural address, Indian Prime Minister Narendra Modi said that Assam’s contribution to India’s growth has been steadily increasing over the years. In 2018, when the first Advantage Assam summit was held, the state’s economy was ₹3.25 lakh crore (about $30 billion) and has now grown to ₹6 lakh crore (nearly $60 billion). This shows that under the leadership of the BJP, Assam’s economy has doubled in just six years. The state has now become a key player in the Northeastern region of India.

Prime Minister Narendra Modi delivers the opening speech

In terms of infrastructure development, as of 2014 there were only three bridges across the Brahmaputra River, but in the last 10 years four more bridges have been built, which has helped to enhance connectivity in the region through rail, air, road and waterways.

“Assam is the gateway connecting India to the Southeast Asian region, the transformation is not just limited to infrastructure, natural resources and strategic location of Assam makes this state a preferred destination for investment,” Prime Minister Modi stressed.

Advantage Assam showcased manufacturing capabilities and investment opportunities in Assam, with a special focus on sectors such as infrastructure and connectivity, energy, digital economy, information technology, defence, aerospace, automobile manufacturing, sports, pharmaceuticals, healthcare, agriculture , tourism and financial services. The conference served as an ideal platform for government-to-business (G2B) and business-to-business (B2B) meetings.

The conference has attracted special attention from the Government of India and top Indian business leaders. External Affairs Minister S Jaishankar, Minister for Shipping and Ports Sarbananda Sonowal, Minister for Communications and North Eastern Development Jyotiraditya Scindia, Governor of Assam Lakshman Prasad Acharya; Chief Ministers and Ministers of Assam and Tripura Himanta Biswa Sarma and Manik Saha attended the inaugural session.

Mr. Gautam Adani, Chairman of Adani Group, spoke at the conference.

Leaders of major Indian corporates including Tata Group's N Chandrasekaran, Reliance's Mukesh Ambani, Adani Group's Gautam Adani, Essar Group's Prashant Ruia, Vedanta's Anil Agarwal and JSW Group's Sajjan Jindal, delivered speeches at the inaugural session of the summit and pledged to invest in various sectors in the coming years.

(Commercial Counselor Bui Trung Thuong (center) works with Indian partners)

The Advantage Assam 2.0 conference has provided an important opportunity for Vietnam and the Northeastern states of India to strengthen investment and business cooperation. Commercial Counselor Bui Trung Thuong attended the event and clearly expressed Vietnam's desire to expand trade and investment relations with India, especially in the context of the Northeastern states of India attracting the attention of international investors. This event not only promotes economic relations between the two countries but also creates opportunities for cooperation and sustainable development in the future.

Commercial Counselor Bui Trung Thuong met and worked with Indian businesses at the exhibition fair within the framework of Advantage Assam 2.0 Conference.

Source: https://congthuong.vn/hoi-nghi-advantage-assam-20-co-hoi-thuc-day-dau-tu-hop-tac-giua-viet-nam-va-an-do-376244.html