P.V.Anandpadmanabhan

President Pranab Mukherjee’s visit to Vietnam has brought a stronger bonding between the two countries. The Prez said” I am convinced that my visit will provide fresh impetus and momentum to our close friendship and strategic partnership, which is based on civilizational contacts, modern day solidarity and great potential for the future”. 

Vietnam’s economic growth and development over the last two decades has been impressive. Making way for great scope to expand and diversify Indo – Viet trade exchanges. India has set a new target of USD 15 billion worth of trade by 2020. The Vietnamese side has promised that they will provide a favourable environment for further investments from India. India expects business partnerships and joint ventures to grow in the area of infrastructure, agro-processing, textiles, agro-chemicals, manufacturing, hydrocarbons, energy and many others.

To improve connectivity between the two nations, Jet Airways will commence direct flights to Ho Chi Minh City from Mumbai from November 5 and Vietnam Airlines will fly to India in early 2015. This will open up the potential for greater flows of people-to-people contacts for businesses, for students and for tourists