VN-India strategic partnership contributes to stability and development in region

Monday, 05 September 2016
Indian PM Narendra Modi will make his first official visit to Viet Nam on September 2-3 at the invitation of PM Nguyen Xuan Phuc.
This is also the first time an Indian PM visits Viet Nam since 2001.
Viet Nam and India established strategic partnership in July 2007 on the occasion of PM Nguyen Tan Dung’s official visit to India.
According to Indian Ambassador to Viet Nam Parvathaneni Harish, strategic partnership is comprehensive, covering domains like defense and security, economy, science and technology, human resource development, education and culture.
Leaders of the two countries believe that such ties will contribute significantly to enhancing stability and development in the region, he said.
Based on good political and diplomatic relations, enhancing economic cooperation is one of strategic targets of the bilateral ties. The two-way trade turnover fetched over US$ 5 billion last year and was set to hit US$ 15 billion by 2020.
India ranks 28th among biggest foreign investors in Viet Nam with total registered capital of US$590 million in 118 projects.
The two countries expanded defense and security cooperation by setting up a dialogue mechanism between the two defense ministries in 2003, focusing on training, defense industry, information and experience sharing.
VN, India issue Joint Statement
Viet Nam and India have issued a Joint Statement on the occasion of Indian PM Narendra Modi's official visit to the Southeast Asian country from September 2-3.
Nhật Phương (Nguồn