Vietnam and India have a time-honouredtraditional and friendly relationship which was built by mutual trust andunderstanding as well as sharing of similar values and interests, said VASSVice President Prof. Dr. Pham Van Duc at the workshop, themed “45 years ofVietnam – India relations: Achievements and Prospects”.
He also noted that 2017 marks 45 years of fulldiplomatic relations, 10 years of strategic partnership and one year ofcomprehensive strategic partnership between Vietnam and India.
Vietnam and India always support each other atinternational forums and during development process, according to Assoc. Prof.Dr. Nguyen Xuan Trung, head of Institute for Indian and Southwest AsianStudies.
He also said the bilateral diplomatic andpolitical ties serve as a platform for the development of other cooperationfields between the two nations.
However, he noted that two-way trade betweenVietnam and India has not matched their potential, reaching only 7 billion USDor 2 percent of total Vietnam’s trade and 1.45 percent of India’s trade. The two countries’ target of having 15 billionUSD in trade by 2020 is hard to be reached.-VNA