Lok Sabha Question No. 2601 (UNSTARRED), answered on 2021-08-04
Subject: MoUs with Vietnam
Ministry: COMMERCE AND INDUSTRY
Asked by: Abdul Khaleque

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT FOR PROMOTION OF INDUSTRY AND INTERNAL TRADE

## LOK SABHA

UNSTARRED QUESTION NO. 2601.

TO BE ANSWERED ON WEDNESDAY, THE 4 TH  AUGUST, 2021.

## MoUs WITH VIETNAM

## 2601.   SHRI ABDUL KHALEQUE:

Will the Minister of COMMERCE AND INDUSTRY वाणिज्य  एवं उद्योग मंत्री

be pleased to state:

- (a) the number of MoUs signed with the Government of Vietnam in the last five years by the Union Government;
- (b) the  details  of  the  amount  of  investment  in  India  from  Vietnam  during  the  last  five years  along with the amount of investment in Vietnam by India in the last five years; and
- (c) the amount of trade with United Arab Emirates for the same period and the amount of investment in India by UAE?

## ANSWER

## वाणिज्य  एवं उद्योग मंत्रालय में राज्य मंत्री (श्री सोम प्रकाश) THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY (SHRI SOM PARKASH)

- (a): A total of 36 MoUs were signed with the Government of Vietnam in the last five years(2016 - 2020) by the Union Government.
- (b): Amount of Investment in India from Vietnam during last five years(April 2016 to March 2021)

| Sl. No.     | Financial Year   |   FDI Equity inflow (Amount in US$ million) |
|-------------|------------------|---------------------------------------------|
| 1.          | 2016-17          |                                        4.15 |
| 2.          | 2017-18          |                                        0.32 |
| 3.          | 2018-19          |                                        0.16 |
| 4.          | 2019-20          |                                        0.08 |
| 5           | 2020-21          |                                        0.13 |
| Grand Total | Grand Total      |                                        4.84 |

Source: FDI Data Cell, DPIIT

The amount of investment in Vietnam by India in the last five years

(in USD million)

| S. No.     | Financial Year   |   Equity |   Loan |   Total |
|------------|------------------|----------|--------|---------|
| 1.         | 2016-17          |    17.44 |   7.64 |   25.08 |
| 2.         | 2017-18          |    57.67 |   9.01 |   66.68 |
| 3.         | 2018-19          |    37.54 |   6.59 |   44.13 |
| 4.         | 2019-20          |    35.13 |   7.21 |   42.34 |
| 5.         | 2020-21          |    26.69 |   8.35 |   35.04 |
| Cumulative | Cumulative       |   174.47 |  38.8  |  213.27 |

Source: Department of Economic Affairs

(c): Trade with United Arab Emirates during last five years (2016-21)

(in USD million)

| Year        | 2016-17   | 2017-18   | 2018-19   | 2019-20   | 2020-21   |
|-------------|-----------|-----------|-----------|-----------|-----------|
| Export      | 31,175.5  | 28,146.12 | 30,126.73 | 28,853.59 | 16,695.42 |
| Import      | 21,509.83 | 21,739.11 | 29,785.33 | 30,256.65 | 26,622.99 |
| Total Trade | 52,685.33 | 49,885.23 | 59,912.06 | 59,110.24 | 43,318.41 |

Source: DGCI&S, Kolkata

Amount of Investment in India from UAE during last five years (April 2016 To March 2021)

(Amount in US$ million)

| S. No.     | Financial Year FDI Equity inflow   | Financial Year FDI Equity inflow   |
|------------|------------------------------------|------------------------------------|
| 1.         | 2016-17                            | 674.70                             |
| 2.         | 2017-18                            | 1,049.82                           |
| 3.         | 2018-19                            | 897.62                             |
| 4.         | 2019-20                            | 338.57                             |
| 5.         | 2020-21                            | 4,202.54                           |
| Cumulative | Cumulative                         | 7,163.25                           |

Source : FDI Data Cell, DPIIT

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