Indian Prime Minister Narendra Modi (Photo: Reuters)Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc on May 23 sent a message ofcongratulations to his Indian counterpart Narendra Modi on the successfulorganisation of the 17th Lok Sabha (House of People or lower house of India)election.
Inhis message, the Vietnamese PM congratulated the BJP Party and the National Democratic Alliance for their victory in the election. He voiced hishope that under the leadership of PM Modi, the government and people of Indiawould gain more impressive achievements in the coming time.
PM Phuc also pledged to closely cooperate with the Indian PMto strengthen the two nations’ traditional friendship and comprehensivestrategic partnership in a substantive and effective manner.
Vietnam and India set up their diplomatic ties on January 7,1972. In 2007, the Vietnam-India relationship was lifted to strategicpartnership level, with a focus on politics-diplomacy, nationaldefence-security, economy-trade, energy, science-technology andculture-education.
Following the Vietnam’s visit by Indian PM Modiin September 2016, both sides upgraded their strategic partnership to acomprehensive strategic partnership to meet demand in the new situation.
Statistics show that trade between Vietnam and India reached10.7 billion USD in 2018, up 39 percent from 2017, with export value hitting6.5 billion USD, up 75 percent, and import revenue up 5.2 percent.
India has, to date, run 208 FDI projects inVietnam with total registered capital of about 878 million USD, ranking 26thout of 129 countries and territories investing in the Southeast Asiannation.-VNA
VNA
