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Vietnam welcomes India’s investment: Prime Minister

Vietnam welcomes India’s investment in the fields of information technology, infrastructure, energy and hi-tech agriculture, Prime Minister Nguyen Xuan Phuc has said.
Vietnam welcomes India’s investment: Prime Minister ảnh 1Prime Minister Nguyen Xuan Phuc (fifth from right) and Indian Vice President Venkaiah Naidu (sixth from right) (Source: VNA)

Hanoi (VNA) – Vietnam welcomes India’s investment in the fields ofinformation technology, infrastructure, energy and hi-tech agriculture, PrimeMinister Nguyen Xuan Phuc has said.

Receiving IndianVice President Venkaiah Naidu, who is also Chairman of the Rajya Sabha (Upper House)of the Parliament of India, in Hanoi on May 11, PM Phuc voiced his belief thatthe visit will contribute to maintaining high political trust and boosting collaborationin all spheres between the two countries.

Vice President Naiduappreciated Vietnam’s efforts and contributions to religious and Buddhistactivities, believing that the 16th UN Day of Vesak hosted by thecountry would be a success.

The leadersagreed to maintain the exchange of all-level delegations and meetings,people-to-people exchanges and existing cooperation mechanisms.

They emphasisedthe importance of bilateral cooperation in defence and security. PM Phucproposed India continue assisting Vietnam in human resource training, boostingcollaboration between the two armies and sharing experience in UN peacekeepingoperations.

Both leaders heldthat economic and trade cooperation remains a pillar in bilateral relations andagreed to lift the two-way trade value to 15 billion USD in the time to come.They consented to consider the opening of the Indian market for Vietnam’slongan, grapefruit, rambutan and durian, and allowing India’s pomegranate,grapes and millet to enter the Vietnamese market.

The leadershighlighted the need for intensifying collaboration in other fields such as developmentcooperation, information technology, science-technology, culture, tourism andpeople-to-people exchanges.

The leaderspledged to create favourable conditions for Vietjet, Indigo and other airlinesto soon launch direct air routes connecting the two nations.

PM Phuc and VicePresident Naidu exchanged opinions on regional and international issues ofmutual concern and agreed to maintain close coordination and mutual support atregional and international forums, particularly within the framework of theUnited Nations.

Regarding theEast Sea issue, both leaders agreed upon the importance of peace, stability, aswell as safety, security and freedom of aviation and navigation, and settlementof disputes through peaceful measures, respecting international law, includingthe 1982 UN Convention on the Law of the Sea (UNCLOS), and soon completing aneffective Code of Conduct (COC) in the East Sea.-VNA
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