RIS Discussion Paper Series - Assessing India-Vietnam Maritime Trade: An Empirical Exploration
29 August 2023
They are comprehensive strategic partners, and both have strong strategic vision and complement each other regionally and globally.4 Vietnam is one of the active members of the Association of the Southeast Asian Nations (ASEAN) and one of the key drivers of India-ASEAN relations. [...] In the backdrop of the above discussion, the study aims to assess the growth and significance of maritime trade between India and Vietnam. [...] The Federation of Indian Chambers of Commerce and Industry (FICCI) and the Vietnam Chamber of Commerce and Industry (VCCI) are important platforms that facilitate dialogue and cooperation between businesses in the two countries. [...] Third, the calculated volume of trade for the period 2010-11 and 2021-22 between India and Vietnam shows some significant increase over the period, indicating the rising volume of the ocean trade between India and Vietnam. [...] Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such 85 articles 40 Rubber and articles thereof Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit; Residues and waste from industrial or medicinal the food industries; prepared 12 plants; straw and fodder 23 a.