Meeting of Minds: Asia Legal and Khaitan & Co

During India ADR Week 2023, LLM Lawyer Luu Vinh – Managing Partner of Asia Legal Business Law Firm had the opportunity to meet with Mr. Raj R Panchmatia, Partner of Khaitan & Co – one of India’s leading law firms with over 100 years of experience, recognized by reputable organizations such as Chambers and Partners, Legal 500, IFLR1000. Their extensive experience has made Khaitan & Co. one of the few law firms with a strategic vision and the ability to provide comprehensive, effective, and innovative legal solutions that also align with the local culture. 

Vietnam and India share similarities in culture, religion, politics, and economics. The relationship between the two countries has experienced historical ups and downs but continues to be strengthened and developed. In 2016, Vietnam and India officially established a Comprehensive Strategic Partnership with the aim of enhancing cooperation and close support between the two nations.

According to the Ministry of Planning and Investment, as of September 2021, India had invested in Vietnam with 294 projects, with a total registered capital of up to $923 million. This places India in the 8th position among countries and territories with investments in Vietnam. Furthermore, the total trade turnover between the two countries in 2020 reached nearly $11 billion. Vietnam exported goods worth over $6.7 billion to India and imported goods valued at over $4.2 billion from India, making Vietnam India’s 15th largest trading partner. In addition, both nations have signed numerous bilateral and multilateral trade agreements, such as the ASEAN-India Free Trade Agreement (AIFTA), the Trade and Economic Cooperation Agreement between Vietnam and India, and the Investment Promotion and Protection Agreement between Vietnam and India, laying the foundation for expanding economic, trade, and investment relations between the two countries.

Pursuing mutual objectives and sharing the same vision for investment and trade development between Vietnam and India, Asia Legal and Khaitan & Co have established an open relationship which will facilitate in-depth discussions and the exploration of strategic collaborations, with the aim of providing comprehensive legal services and guidance to businesses and organizations engaged in cross-border investments and trade across both nations’ markets.

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