India and Vietnam have adopted an action plan to strengthen their strategic relationship. Prime Minister Narendra Modi emphasized commitment to a rules-based Indo-Pacific and spoke against expansionism, referencing China's actions. Key points included a three hundred million dollar credit line for Vietnam's maritime security and digital payment connectivity agreements.
India and Vietnam have adopted an action plan to bolster their strategic relationship.
During a joint press statement in New Delhi, Prime Minister Narendra Modi emphasized India's commitment to a rules-based Indo-Pacific and spoke against 'expansionism,' a thinly-veiled reference to China's military actions.
Following discussions between Modi and Vietnamese Prime Minister Pham Minh Chinh, the two countries signed six Memorandums of Understanding and completed three additional agreements.
Key points included a three hundred million dollar credit line from India to enhance Vietnam's maritime security and an agreement to roll out digital payment connectivity.
The leaders also inaugurated an Army Software Park in Vietnam's Nha Trang via remote link, using Indian development aid.
The visit marks important steps in the Act East policy and Indo-Pacific vision, focusing on free, open, rules-based cooperation for mutual growth.