Vietnam President To Lam has visited India at the invitation of PM Narendra Modi to strengthen cooperation in defense, trade, and critical technologies. He held a bilateral meeting with PM Narendra Modi at Hyderabad House in New Delhi. He also met President Droupadi Murmu and Union Minister of State (Independent Charge) Dr Jitendra Singh.
During the visit, the bilateral ties were elevated to an “Enhanced Comprehensive Strategic Partnership” (CSP). Both nations have set a target to increase bilateral trade to $25 billion by 2030. A total of 13 MoUs were signed between the two countries.
In Mumbai, President To Lam visited the National Stock Exchange of India (NSE) and participated in the India-Vietnam Business Forum. At the forum, 27 cooperation agreements were exchanged between firms of Vietnam and India across multiple industries.