Ambassador highlights Vietnam-India cooperation prospects
New Delhi (VNA) – Deputy Prime Minister Tran Luu Quang’s ongoing
visit to India and his attendance at the 10th Vibrant Gujarat Global
Summit from January 9-12 hold significance to bilateral ties, underscoring
Vietnam’s policy of treasuring its ties with India, supporting initiatives and
forums led by India that match interests of both nations and the global community,
said Vietnamese Ambassador to India Nguyen Thanh Hai.
During an interview recently granted to the Vietnam News Agency in
New Delhi, Ambassador Hai said the visit aims to enhance interactions with leaders the Indian
business community, and promote opportunities for trade and investment
cooperation between Vietnam and Gujarat state specifically, and between Vietnam
and India as a whole.
The summit, initiated by Indian Prime Minister Narendra Modi during his tenure as
Governor of Gujarat state, has been held biennially since
2003 to create
a business networking forum, facilitate knowledge sharing, and establish
cooperative relationships for inclusive growth and sustainable development.
According to the Ambassador, Deputy PM Quang is the first
high-ranking Vietnamese leader to attend the event, marking the first high-level
exchange between the two nations this year. This presents an opportunity for the
Deputy PM to engage with leaders of India and Gujarat on measures and
strategies to further boost ties between Vietnam and India, and between their
localities, with the goal of achieving a two-way trade volume of 20 billion USD
in the coming time.
The diplomat revealed that the Vietnamese leader will deliver a
keynote speech at the opening ceremony, address the Vietnam business forum and
hold working sessions with leading Indian firms such as Adani,
Zydus, SMS Phamaceutical, UNO Minda.
He is also scheduled to meet with heads of delegations from various
participating countries. Members of the Vietnamese delegation will actively join
discussions on various topics at the summit.
During these meetings and working
sessions, the Deputy PM will introduce Vietnam's socio-economic development
policies, emphasising incentives for investment, trade and tourism. He will
also highlight the potential of cooperation between Vietnam and India, and with
Gujarat specifically; and share Vietnam’s policy-making experiences concerning
the fourth industrial revolution, technology and innovation, and sustainable
development, Hai said.
To further bolster bilateral
economic and trade ties, he suggested enhancing more meetings between leaders and
actively realising signed agreements, including those reached at the 18th meeting of the Vietnam-India Joint Commission in October 2023, and the
framework agreement on agricultural cooperation.
Additionally, Vietnam and India should create favourable
conditions for their goods to penetrate each other's markets, he said, adding
that Vietnam should encourage Indian enterprises to invest in fields of its
strength such as information technology, infrastructure, seaports, renewable
energy, processing industry, high-tech agriculture, and pharmaceuticals.
Another key measure is to increase the frequency of direct flights between the
two countries, thereby promoting tourism and people-to-people exchange,
ultimately establishing a solid foundation for bilateral relations, he
concluded./.