Viet Nam, India explore cooperation opportunities in electricity, electronics sectors

ABO/NDO- The Vietnamese Trade Office in India, in collaboration with relevant partners, held an online seminar on June 17 to discuss potential cooperation between Viet Nam and India in the electricity and electronics sectors.

The event brought together representatives from agencies, organisations and nearly 200 companies from Viet Nam and India.

Speaking at the opening, Trade Counsellor at the Vietnamese Embassy Bui Trung Thuong highlighted Viet Nam’s growing role as a regional electronics manufacturing hub, particularly in consumer electronics and assembly, supported by the presence of global giants such as Samsung, Apple, Intel, and LG.

He also noted that Viet Nam's power sector is expanding rapidly with a focus on green energy, aligned with the government's commitment to emission reduction and sustainable energy transition.

Do Thi Thuy Huong, a member of the Executive Board of the Viet Nam Electronic Industries Association (VEIA), speaks at the seminar. (Photo: Screenshot).

With its strategic location, abundant workforce, and modern infrastructure, Viet Nam holds significant potential to become a leading centre for power and electronics production in the region and the world, Thuong said.

Veer Sagar, Chairman of India’s Electronics and Computer Software Export Promotion Council (ESC), emphasised that Viet Nam-India economic ties have strengthened since the ASEAN–India Free Trade Agreement (AIFTA) took effect in 2010.

He urged both countries to capitalise on their complementary strengths in electronics and power to reduce dependency on dominant global markets and build a resilient, self-reliant regional supply chain.

Vinod Sharma, Managing Director of Deki Electronics and Chairman of the Indian Industries Association in Uttar Pradesh, highlighted promising areas for the two countries to collaborate such as electronic component manufacturing, electrical equipment design, industrial Internet of Things (IoT), and electric vehicle charging solutions. He noted that India’s supportive policies, including “Make in India” and “Digital India,” offer fertile ground for joint ventures, technology transfer, and market expansion.

Do Thi Thuy Huong, a member of the Executive Board of the Viet Nam Electronic Industries Association (VEIA), presented an overview of Viet Nam's electronics industry and outlined key cooperation areas including high-tech manufacturing, semiconductors, digital transformation, IoT, and R&D. However, she also pointed out several challenges that must be addressed for successful cooperation, including technology gaps, FDI competition, trade barriers, and workforce development.

(Source: NDO)