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India and Vietnam on Wednesday elevated their relations to enhanced comprehensive strategic partnership and vowed to significantly expand economic and defence ties following talks between Prime Minister Narendra Modi and Vietnamese President To Lam. Modi said the two countries have a common outlook for the Indo-Pacific and both sides will continue to contribute to the rule-of-law, peace, stability, and prosperity. It is understood that China's growing military muscle-flexing figured in the delegation-level talks between the two sides. Lam, accompanied by a high-level delegation, kick started his three-day trip to India on Tuesday. It is his first state visit to the country since his election as the president this month. India and Vietnam decided to elevate ties to the level of enhanced comprehensive strategic partnership, PM Modi said in his media statement. "Vietnam is a key pillar of India's Act East Policy and Vision Ocean. In the Indo-Pacific region as well, we share a commo
India and Vietnam on Monday inked a pact to set up a framework for submarine search, rescue and support mechanism in case of any eventualities. The two sides also signed a letter of intent (LoI) to strengthen bilateral defence industry collaboration. The documents were signed after the two sides held the 15th edition of India-Vietnam Defence Policy Dialogue (DPD) in Hanoi. It was co-chaired by Defence Secretary Rajesh Kumar Singh and Deputy Minister of National Defence Senior Lt Gen Hoang Xuan Chien. Both sides expressed satisfaction on progress made in the areas of hydrography cooperation, capacity building and training and ship visits, and cooperation in niche domains namely AI and shipyard upgradation, the defence ministry said. They also decided to expand and further deepen cooperation in important emerging areas like cyber security and real-time exchange of information, it said. The two sides also exchanged views on the regional security situation. A Memorandum of Agreement
The imposition of 27 per cent tariffs by the US still positions India more favourably compared to electronics export rivals like China, Vietnam, and Indonesia, as these nations face even higher rates, according to the India Cellular and Electronics Association (ICEA). That said, the true long-term inflection point for India's electronics trade with the US will hinge on the successful conclusion of a bilateral trade pact, the industry body said. The comment assumes significance as the US has slapped a 27 per cent tariff on imports from India. "While some countries like Brazil and Egypt enjoy marginally better tariff outcomes, India's positioning, particularly with China and Vietnam facing combined tariffs of up to 54-79 per cent, (China) and Vietnam at 46 per cent offers a valuable near-term window of export competitiveness," Pankaj Mohindroo, Chairman of ICEA said. He, however, added in the same breath that "the true long-term inflection point for India's electronics trade with the
India has initiated a countervailing duty probe into increased imports of a chemical - Calcium Carbonate Filler Masterbatch - used in the plastic industry, from Vietnam following a complaint from domestic players. The move is aimed at guarding domestic manufacturers from the increase in imports that are subsidised by Vietnam. The investigation has been initiated by the Directorate General of Trade Remedies (DGTR), an arm of the commerce ministry. Compounds and Masterbatch Manufacturers Association of India and Masterbatch Manufacturers Association have filed a petition before the directorate on behalf of the domestic industry for initiation of the probe on the chemical exported from Vietnam into India. The DGTR in a notification has said that the applicants have alleged that the product is being imported into India from Vietnam at subsidized prices in significant quantities for a prolonged period, causing material injury to it. They have requested for imposition of countervailing
Politburo member of the Communist Party of Vietnam Nguyen Xuan Thang called on Vice President Jagdeep Dhankhar here on Wednesday. Thang is the President of Ho Chi Minh National Academy of Politics and member of Communist Party of Vietnam's Central Theory Council. Both leaders discussed various issues of mutual interest including the role of emerging technologies for further strengthening the Comprehensive Strategic Partnership between India and Vietnam, the Vice President's Secretariat said.
India and Vietnam have held a key defence meeting here during which it was proposed to have cooperation in emerging areas such as cyber security, information security, military medicine and submarine search and rescue, officials said on Friday. The 14th India-Vietnam Defence Policy Dialogue took place in New Delhi on Thursday. It was co-chaired by Defence Secretary Giridhar Aramane and Deputy Minister of National Defence of Vietnam Senior Lieutenant General Hoang Xuan Chien, they said. "During the meeting, the two sides reviewed the range of bilateral defence cooperation issues and noted the transformative progress in the ties after the signing of the 'Joint Vision Statement on India-Vietnam Defence Partnership towards 2030' in June 2022 during the visit of Defence Minister Rajnath Singh to Vietnam," the defence ministry said in a statement. After the meeting, the defence secretary and the deputy minister of national defence of Vietnam signed a Letter of Intent to strengthen ...
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
Vietnam's top security official To Lam was confirmed on Wednesday as the nation's new president. He oversaw police and intelligence operations over a period when rights groups say basic liberties have been systematically suppressed, and its secret service was accused of violating international law. Lam was confirmed by Vietnam's National Assembly after his predecessor resigned amid an ongoing anti-corruption campaign that has shaken the country's political establishment and business elites and has resulted in multiple top-level changes in government. Vietnam's presidency is largely ceremonial, but his new role as head of state puts the 66-year-old in a very strong position to become the next Communist Party general secretary, the most important political position in the country, said Nguyen Khac Giang, an analyst at Singapore's ISEAS-Yusof Ishak Institute. Communist Party General Secretary Nguyen Phu Trong was elected to a third term in 2021, but at age 80, he may not seek another .