chevrons

Back to Previous Page

๐•๐ข๐ž๐ญ๐ง๐š๐ฆโ€“๐ˆ๐ง๐๐ข๐š ๐“๐ข๐ž๐ฌ ๐„๐ง๐ญ๐ž๐ซ ๐š ๐๐ž๐ฐ ๐๐ก๐š๐ฌ๐ž

Vietnam General Secretary & President, To Lamโ€™s visit to India and meeting with Prime Minister Narendra Modi marked another step in deepening Vietnamโ€“India relations, with both sides planning closer cooperation across AI, cybersecurity, digital payments, defence, maritime security, critical minerals, rare earths, energy security, and supply chain resilience.

The partnership also has a clear economic dimension. Both sides aim to lift bilateral trade to USD25bn by 2030, from more than USD16bn currently, while potential linkage between Indiaโ€™s UPI and Vietnamโ€™s payment systems could support cross-border payments and digital connectivity.

For Vietnam, this is another clear example of its โ€œbamboo diplomacyโ€ in action โ€” staying strategically balanced while deepening practical cooperation with major partners. What is notable is the pace: just one month after taking office, Vietnamโ€™s new leadership has been highly active on the foreign affairs front, engaging at the top level with all major economies in Asia, including China, Singapore, Japan, South Korea, and now India.

In an increasingly multipolar world, countries are trying to diversify their partnerships and avoid becoming overly reliant on any single superpower. Vietnam appears to be one of the most active โ€” and arguably one of the most skillful โ€” in executing this strategy, maintaining strategic balance while deepening practical cooperation with major partners.

Picture credit to Voice of Vietnam

Related News & Insights
Find out more navigation_button
news

Vietnam General Secretary & President, To Lamโ€™s visit to India and meeting with Prime Minister Narendra Modi marked another step in deepening Vietnamโ€“India relations, with both sides planning closer cooperation across AI, cybersecurity, digital payments, defence, maritime security, critical minerals, rare earths, energy security, and supply chain resilience. The partnership also has a clear economic […]

Read Newsarrow
news

Moody’s โ€” historically the most conservative of the big three rating agencies on Vietnam โ€” has upgraded its outlook on the country to “positive” from “stable.” To put this in context: Moody’s currently rates Vietnam at Ba2, two notches below investment grade. That’s more cautious than Fitch and S&P, which already place Vietnam just one […]

Read Newsarrow
news

A milestone moment in Hanoi this week as Prime Minister Le Minh Hung hosted the official welcome ceremony for Japanโ€™s Prime Minister, Takaichi Sanae. This visit, the first by PM Takaichi to Southeast Asia since her election, signals the profound importance both nations place on a shared future. ๐€ ๐‹๐ž๐ ๐š๐œ๐ฒ ๐จ๐Ÿ ๐“๐ซ๐ฎ๐ฌ๐ญ The diplomatic relationship […]

Read Newsarrow
Find out more navigation_button