Do Thanh Hai, Vietnam’s deputy chief of mission in India said greater connectivity had boosted trade between countries
Vietnam’s Deputy Chief of Mission in India, Do Thanh Hai, said greater connectivity has boosted commerce between the two countries. He noted that trade goals were getting bigger because of changes in electronics, cars, computers, medicine, and agriculture exports.
“India-Vietnam trade is expanding. Higher goals are needed. Electronics, autos, computers, medicine, and agricultural products are growing.” Do Thanh Hai stated this during a roundtable on India and neighbouring trade opportunities.
“Connectivity between the two nations has boosted trade and direct maritime linkages,” says Thanh Hai.
At Monday’s roundtable on bilateral trade opportunities between India and neighbouring countries, the focus was on the North East Region. The CII North East Council hosted the event.
(Image source: ANI)
Myanmar’s ambassador to India, Moe Kyaw Aung, said commerce and investment need to be improved.
Moe Kyaw Aung remarked during a discussion on India and neighbouring nations’ bilateral trade opportunities. He said, “Myanmar and India are friendly, with a long land border and significant cultural ties. However, trade and investment need work.”
Myanmar’s envoy said ASEAN is a connection between India and Southeast Asia.
Cooperation between India and Vietnam
India and Vietnam have a convergent interest as developing economies and key countries in building alternative supply networks in Asia following the COVID epidemic.
Both nations are concerned about China’s expansionist and aggressive actions in the Indo-Pacific. The two countries have had a Comprehensive Strategic Partnership, which includes working together on defense, since 2016.
Bilateral defence engagements include talking about defence policy, talking to each other’s military, high-level visits, building up capabilities, and training programs.
UN peacekeeping, ship visits, and bilateral drills are further areas of cooperation.
During his tour, the Indian Defense Minister met with General Phan Van Giang, his counterpart in Vietnam, to talk about ways to improve relations between the two countries.
In 2007, Vietnam’s then-Prime Minister Nguyen Jan Dung visited India and raised relations to a “Strategic Partnership.”
India’s “Act East” policy and “Indo-Pacific Vision” need Vietnam as a partner, so in 2016 the two countries’ relationship got stronger.
Since 1976, when the two nations formed a cultural agreement, several cultural channels have been created. In 2016, Hanoi opened the Swami Vivekananda Indian Cultural Centre.
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