India could be “useful partner” to Vietnam: President Patil

By NNN-PTI,

Ho Chi Minh City, Vietnam : India today told Vietnam it could play the role of a “useful partner”, offering its expertise in the fields of infrastructure development, engineering and power generation to the booming South East Asian country.


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Addressing business leaders at the Vietnam-India Business Forum, President Pratibha Patil asked entrepreneurs to seize the opportunity generated by the economic reforms in both countries to boost bilateral trade and create mutually beneficial linkages.

“We would be happy to share our experiences. In many other areas, such as engineering, transportation and power generation, Indian companies can transfer their expertise to Vietnamese. Also, in higher education, research and human resource development, Indian can be a useful partner,” Patil said.

Observing that several new investments have come to Vietnam from India and vice versa, Patil, who is on a four-day visit to the country, cited investments by ONGC, TATA steel and ESSAR among other firms as examples of beneficial exchanges between the two countries.

While ONGC has invested in the country for oil exploration, TATA Steel for an integrated steel plant and ESSAR to set up a steel rolling mill.

Noting that India has achieved commendable success in area of infrastructure development, the President said the successful highway development programme under the public-public partnership could be replicated in many other developing countries including Vietnam.

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