At the invitation of the Prime Minister of India, Shri Narendra Modi, the Prime Minister of Viet Nam, H.E. Pham Minh Chinh paid a State Visit to India from 30 July – 01 August 2024. Prime Minister Pham Minh Chinh was accompanied by a high level official delegation including Ministers and leaders of many ministries of Viet Nam.
On 01 August 2024, Prime Minister Pham Minh Chinh was accorded a ceremonial reception at the Rashtrapati Bhavan and he visited Raj Ghat to pay floral tributes to Mahatma Gandhi. This was followed by bilateral talks between the two Prime Ministers. Thereafter, the Prime Ministers witnessed the exchange of bilateral documents. Prime Minister Pham Minh Chinh attended the banquet hosted by Prime Minister Modi. Prime Minister Pham Minh Chinh called on President of India Smt. Droupadi Murmu and the Vice President of India Shri Jagdeep Dhankhar. External Affairs Minister of India, Dr. S. Jaishankar called on Prime Minister Pham Minh Chinh. Prime Minister Pham Minh Chinh also delivered a policy speech at the Indian Council of World Affairs, addressed the Viet Nam – India Business Forum and held discussions with Indian businesses.
POLITICAL RELATIONS
The delegation level talks between Viet Nam and India were held in a warm, cordial and friendly atmosphere. Prime Minister Pham Minh Chinh congratulated Prime Minister Modi on winning a historic third term and expressed his belief that India would continue strong development course and have an increasingly greater role and position in the international arena under the leadership of Prime Minister Modi.
The leaders reviewed the deep-rooted and long-standing friendship between India and Viet Nam and expressed their satisfaction with the strong development of bilateral relations since the elevation of the relationship to Comprehensive Strategic Partnership in 2016. The leaders agreed to continue the effective implementation of the outcomes of high level talks and visits in recent years, including the India – Viet Nam Joint Vision for Peace, Prosperity and People in 2020, and the outcomes of the meetings between Prime Minister Modi and Prime Minister Pham Minh Chinh on 01 August 2024 in New Delhi, among others.
The leaders agreed that the current geo-political realities call for closer cooperation between India and Viet Nam. They recognised convergence in their world view and expressed support for a greater voice and role for Global South in international affairs. The leaders agreed to further strengthen the Viet Nam – India Comprehensive Strategic Partnership in all areas.
On the basis of the existing excellent bilateral relations, the two leaders agreed to maintain regular exchanges at all levels.
The leaders appreciated multi-dimensional institutional mechanisms between the two countries in the fields of foreign policy, security and maritime domain, defence cooperation, parliamentary exchanges, trade and investment, agriculture, healthcare, civil aviation, information and communication technology, science & technology including space & nuclear technology, tourism and culture. They agreed to intensify and strengthen the bilateral dialogue in various domains, including the Joint Commission for Economic, Trade, Scientific & Technological Cooperation for mutual benefit. They welcomed the signing of the Plan of Action for the implementation of the Comprehensive Strategic Partnership for the period of 2024-2028.
ECONOMIC, TRADE AND INVESTMENT COOPERATION
As two rapidly growing economies, the leaders of India and Viet Nam agreed to reinforce cooperation at the level of governments and businesses for increasing two-way trade, investment and technological partnership. The leaders agreed to further elevate trade from the present level of around US$ 15 billion. Both sides also agreed on the need for closer cooperation on removing trade barriers with a view to facilitating and enhancing bilateral trade. They concurred that the ongoing review of ASEAN-India Trade in Goods Agreement should generate a more user-friendly, simple and trade facilitative regime for both countries.
The leaders agreed to continue efforts to promote investment flows between the two countries. Viet Nam welcomed investment from India in infrastructure, high technology, source technology, clean technology, information technology, support and manufacturing industries, textile, automobile and materials industry, green agriculture, smart agriculture, innovation and startups, semi-conductors, renewable energy and energy conservation projects, electricity generation, biogas and polyester fabrics, among others, in Viet Nam. India welcomed investment from Viet Nam in agriculture, agro-processing, aquaculture, wood processing, urban development and infrastructure, production of bamboo and forestry products, hospitality and tourism, digital technology, e-vehicles, healthcare and services in India. This mutual commitment aims to further strengthen the economic cooperation between the two countries.
India welcomed Viet Nam’s decision to join the Coalition on the Disaster Resilient Infrastructure and decision for early completion of procedures to sign the International Solar Alliance Framework Agreement. Viet Nam appreciated India’s Global Bio-fuel Alliance initiative.
DEFENCE AND SECURITY COOPERATION
The leaders commended the effective implementation of the Joint Vision Statement on India-Viet Nam Defence Partnership towards 2030 and strengthening of defence cooperation between the two countries in recent years covering dialogues, training and capacity building cooperation, exchange of best practices, exercises, defence policy and industry cooperation. They agreed to further enhance defence cooperation based on mutual interest and priorities of the two countries which will also contribute to greater stability in the wider Indo-Pacific region.
The leaders agreed to continue enhancing cooperation in various areas including human resource development and maintaining collaboration in peace-keeping operations, hydrography, cybersecurity, information sharing, strategic research, maritime security, maritime safety, search and rescue operations, humanitarian assistance, disaster management, and emergency response and relief.
The leaders agreed for the early operationalisation of the Implementing Arrangement on Hydrography and forming a Joint Committee.
The leaders welcomed the signing of Loan Agreements under US$ 300 million Line of Credit extended by the Government of India to the Government of Viet Nam for defence procurement and agreed to expeditiously implement the projects under it.
INNOVATION AND SCIENCE & TECHNOLOGY COOPERATION
The leaders reiterated the significance of digital technologies and encouraged the development of a framework to promote bilateral cooperation in financial innovation and digital payments between Viet Nam and India.
Recognising the national priorities of both countries for digital transformation and energy transition, the leaders decided to encourage greater exchanges and cooperation in areas such as digital public infrastructure, space technology applications, renewable energy, biotechnology and disaster resilience technologies.
The leaders noted with satisfaction the ongoing collaboration in the field of peaceful use of atomic energy and agreed to intensify follow-up on various avenues of further cooperation emerging from the 3rd India-Viet Nam Joint Committee Meeting on atomic energy.
They welcomed the progress towards the establishment of ASEAN-India tracking, data reception station and data processing facility in Viet Nam.
DEVELOPMENT, CULTURE, TOURISM COOPERATION AND PEOPLE-TO-PEOPLE EXCHANGES
The leaders appreciated bilateral development cooperation under the framework of Mekong-Ganga Cooperation through quick impact projects, ITEC training and educational scholarships. They appreciated the establishment of Centre of Excellence for Software Development and Training at the Posts & Telecommunications Institute of Technology, Ho Chi Minh City with Indian cooperation. They also welcomed the establishment of Army Software Park at Telecommunications University, Nha Trang with support of the Government of India.
The leaders encouraged greater student, faculty and research exchanges between universities, think tanks and other institutions of the two countries in the context of ‘Viksit Bharat @ 2047’ and Viet Nam’s vision to become a high-income developed country by 2045. They also supported collaboration among institutions on issues of interest to Global South.
They appreciated increase in direct flights between the two countries which have expanded two-way travel and tourism flows. They encouraged further increase in connectivity and tourism between India and Viet Nam.
Recalling historical and heritage bonds between the two countries, the leaders encouraged greater exchange of Buddhist scholars, monks, pilgrims, students, and in this direction welcomed the ongoing development of Buddhist and other spiritual sites and institutions. Viet Nam appreciated India’s commitment for the restoration and conservation of My Son UNESCO World Heritage Site and the work done by Archaeological Survey of India in the A, H and K Blocks as well as the forthcoming project in the F Block.
The Prime Minister of Viet Nam appreciated the arrangements for the visit and hospitality extended to him and his delegation. He extended an invitation to the Prime Minister of India to visit Viet Nam.