Vietnamese Ambassador to India Nguyen Thanh Hai (Photo: VNA) New Delhi (VNA) – Deputy Prime Minister Tran Luu Quang’s ongoingvisit to India and his attendance at the 10th Vibrant Gujarat GlobalSummit from January 9-12 hold significance to bilateral ties, underscoringVietnam’s policy of treasuring its ties with India, supporting initiatives andforums led by India that match interests of both nations and the global community,said Vietnamese Ambassador to India Nguyen Thanh Hai.
During an interview recently granted to the Vietnam News Agency inNew Delhi, Ambassador Hai said the visit aims to enhance interactions with leaders the Indianbusiness community, and promote opportunities for trade and investmentcooperation between Vietnam and Gujarat state specifically, and between Vietnamand India as a whole.
The summit, initiated by Indian Prime Minister Narendra Modi during his tenure asGovernor of Gujarat state, has been held biennially since2003 to createa business networking forum, facilitate knowledge sharing, and establishcooperative relationships for inclusive growth and sustainable development.
According to the Ambassador, Deputy PM Quang is the firsthigh-ranking Vietnamese leader to attend the event, marking the first high-levelexchange between the two nations this year. This presents an opportunity for theDeputy PM to engage with leaders of India and Gujarat on measures andstrategies to further boost ties between Vietnam and India, and between theirlocalities, with the goal of achieving a two-way trade volume of 20 billion USDin the coming time.
The diplomat revealed that the Vietnamese leader will deliver akeynote speech at the opening ceremony, address the Vietnam business forum andhold working sessions with leading Indian firms such as Adani,Zydus, SMS Phamaceutical, UNO Minda.
He is also scheduled to meet with heads of delegations from variousparticipating countries. Members of the Vietnamese delegation will actively joindiscussions on various topics at the summit.
During these meetings and workingsessions, the Deputy PM will introduce Vietnam's socio-economic developmentpolicies, emphasising incentives for investment, trade and tourism. He willalso highlight the potential of cooperation between Vietnam and India, and withGujarat specifically; and share Vietnam’s policy-making experiences concerningthe fourth industrial revolution, technology and innovation, and sustainabledevelopment, Hai said.
To further bolster bilateraleconomic and trade ties, he suggested enhancing more meetings between leaders andactively realising signed agreements, including those reached at the 18th meeting of the Vietnam-India Joint Commission in October 2023, and theframework agreement on agricultural cooperation.
Additionally, Vietnam and India should create favourableconditions for their goods to penetrate each other's markets, he said, addingthat Vietnam should encourage Indian enterprises to invest in fields of itsstrength such as information technology, infrastructure, seaports, renewableenergy, processing industry, high-tech agriculture, and pharmaceuticals.
Another key measure is to increase the frequency of direct flights between thetwo countries, thereby promoting tourism and people-to-people exchange,ultimately establishing a solid foundation for bilateral relations, heconcluded./.
