India, Vietnam adopt new action plan to expand strategic partnership

Vietnam is India's important partner in our Act East Policy and Indo-Pacific vision, PM Modi said

Modi, Narendra Modi, Pham Minh Chinh, Pham Minh, Chinh, Pham
New Delhi: Prime Minister Narendra Modi with his Vietnamese counterpart Pham Minh Chinh during a joint press statement after their meeting, at the Hyderabad House, in New Delhi, Thursday, Aug. 1, 2024. (Photo: PTI)
Press Trust of India New Delhi
2 min read Last Updated : Aug 01 2024 | 10:40 PM IST

India and Vietnam on Thursday firmed up a new action plan to expand their strategic ties, with Prime Minister Narendra Modi asserting that both sides will work towards a free and rules-based Indo-Pacific and that New Delhi supports development and not "expansionism".

After his wide-ranging talks with Vietnamese Prime Minister Pham Minh Chinh, Modi said the agreed USD 300 million credit line for Vietnam will strengthen the Southeast Asian nation's maritime security.

Chinh arrived in Delhi on Tuesday night on a three-day visit that is aimed at further expanding the comprehensive strategic ties between the two countries.

"We have adopted a new plan of action to further strengthen our comprehensive strategic cooperation," Modi said in his media statement in presence of Chinh.

Modi said both sides will continue cooperation for a free, open, rules-based and prosperous Indo-Pacific.

Vietnam is India's important partner in our Act East Policy and Indo-Pacific vision, he said.

"We support development, not expansionism (Hum vistarbad nahi, vikasvad ka samarthan karte hei)," Modi said.

The comments came amid growing global concerns over China's expansionist behaviour in the Indo-Pacific.

Modi said various dimensions of India-Vietnam relations have both expanded and deepened in the last one decade.

In the last 10 years, we have transformed our relations into a Comprehensive Strategic Partnership, he said.

"We held extensive talks on all aspects of mutual cooperation and initiated steps towards the framework of future cooperation," he said, adding the two countries have adopted a new plan of action to further strengthen comprehensive strategic cooperation.

Modi said both sides have decided that cooperation will be strengthened on counter-terrorism and cyber security.


*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :India Vietnam tiesVietnamIndia-Vietnam

First Published: Aug 01 2024 | 2:58 PM IST

Next Story