Indian PM Narendra Modi, left, and Vietnamese PM Nguyen Xuan Phuc smile at photographers as they shake hands in Hanoi, Vietnam, on Sep. 3. Photo: AP
Vietnam and India have agreed to upgrade their relationship to a comprehensive strategic partnership which Hanoi only has with Beijing and Moscow.
The upgrade was announced during Indian Prime Minister Narenda Modi’s visit to Vietnam last weekend before he continued his trip to China to attend the G20 Summit.
The upgrade of bilateral ties is to meet the aspirations of the two countries’ leaders and peoples, and to be in conformity with both sides’ fundamental and long-term interests, as well as their willingness to contribute to peace, stability, cooperation and development in the region and the world, PM Modi and his Vietnamese counterpart Nguyen Xuan Phuc
said during their talks.
Narendra Modi, who is the first Indian PM to visit Vietnam in 15 years, noted that Vietnam is an important pillar in India’s Act East policy.
In their presence, 12 agreements were signed, covering areas such as health, cyber security, ship-building, United Nations peace-keeping operations and naval information sharing.
Notably, the Indian government gave Vietnam a $500 million credit line for defense cooperation, as Vietnam is reportedly seeking to acquire more assets from India to arm its army and navy.