Asia ยท Country profile
Vietnam
India-Vietnam trade corridor: $15.6B bilateral trade, $5.2B FDI into India.
$15.6B
Trade with India
+14.1% YoY
$701.0B
GDP
Nominal
$5.2B
FDI into India
Cumulative
-$4.1B
Trade balance
India deficit
Top exports to Vietnam
- Marine products
- Engineering goods
- Electronics
Top imports from Vietnam
- Machinery
- Aircraft parts
- Crude oil and LNG
Trade corridor with India
2025: $15.6B ยท 5-yr CAGR 12.3%
Goods trade in USD billion, illustrative demo figures.
Latest Vietnam stories
Trade4h ago4 min read
India-Vietnam bilateral trade hits a new quarterly high
FDI7h ago5 min read
Vietnam investors commit fresh capital to Indian manufacturing
Policy10h ago6 min read
Revised tariff schedule for India-Vietnam goods notified
Technology13h ago7 min read
India and Vietnam deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 3% to 1% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 5 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Vietnam Business Forum
Feb 2027 ยท New Delhi
Delegation
Trade delegation to Vietnam
Apr 2027 ยท Vietnam
Buyer meet
Vietnam buyers-sellers meet
Nov 2026 ยท Mumbai
Policy
Joint working group on market access
Jan 2027 ยท Virtual
Opportunity sectors
๐ณS27FinTech & Digital Payments13% projected demand growth๐S32Global Trade10% projected demand growth๐S37Logistics & Supply Chain20% projected demand growthโ๏ธS42New and Renewable Energy25% projected demand growth๐S47Power27% projected demand growthโS52Shipbuilding28% projected demand growth