Huynh Thanh Lap, head of the chapter, reviewed major developments in Vietnam-India relations, saying the ties of friendship and cooperation in economics, trade and investment between the two countries have grown and flourished in recent times.
He said leaders of the two countries have shown their resolve to boost economic cooperation as a key pillar in bilateral relations, aiming to raise two-way trade value to US$7 billion in 2015.
They have also agreed to increase investment, soon implement TATA Group’s Long Phu 2 project, open a direct air route, and jointly explore oil and gas in the East Sea.
Consul General Smita Pant noted the time-honoured friendship between the two countries which was founded by late Prime Minister Jawaharlan Nehru of India and late President Ho Chi Minh of Vietnam.
India and Vietnam have established the strategic partnership and they have expanded cooperation in various areas, from national defence and security to trade, investment, science-technology, information technology, agriculture, education, and culture.
She also said bilateral economic and trade ties are developing vigorously, with Indian businesses having so far invested US$936 million in Vietnam.