17:11 | 13/01/2017 Events
A Vietnamese delegation led by Deputy Minister of Industry and Trade Cao Quoc Hung is attending the eighth Vibrant Gujarat Global Summit in India from January 10-13, which focuses on sustainable socio-economic development.
|ndian Prime Minister Narendra Modi speaks at the summit (Source: indiatimes.com)|
The event attracted many heads of state, senior government officials and leaders from global economic corporations and institutes.
Speaking at the summit, Indian Prime Minister Narendra Modi highlighted his country’s remarkable accomplishments.
He said India has become a bright spot in the global economy, referring to the “Make in India” initiative as the country’s ever biggest brand.
Total foreign direct investment (FDI) poured into India hit 130 billion USD over the past two and a half years, he cited.
The PM revealed that India is the largest recipient of foreign investment in the Asia-Pacific region.
He affirmed that creating a favourable business enviromment to attract investment is a top priority of India.
On the sidelines of the summit, Deputy Minister Cao Quoc Hung took part in a meeting with the heads of delegations from other countries and directors of Indian and international firms.
He later had a working session with the Infrastructure Leasing & Financial Services Limited (IL&FS), which invested in the Hanoi – Hai Phong highway project in Vietnam.
The official also visited Gift City – the first smart city in India, and worked with India’s Ministry of Steel and Ministry of Energy.