Hanoi (VNA) – At the invitation ofIndian Prime Minister Narendra Modi, Prime Minister Nguyen Xuan Phuc and hisspouse, leading the Vietnamese delegation, left Hanoifor India to attend theASEAN-India Commemorative Summit as well as the celebration of India’s 69th Republic Day.
The PrimeMinister and his spouse are accompanied by Minister, Chairman of the Government Office Mai Tien Dung, Minister of Industry and Trade Tran Tuan Anh, Minister of Information and Communications Truong Minh Tuan, Minister of Natural Resources and Environment Tran Hong Ha, Deputy Minister of National Defence Sen. Lieut. Gen. Nguyen Chi Vinh, Deputy Minister of Public Security Bui Van Nam and Deputy Minister of Foreign Affairs Nguyen Quoc Dung, among others.
With the theme “SharedValues, Common Destiny”, the ASEAN-India summit is considered a significantoccasion to further boost the already flourishing ties between Vietnam and India. The event will also be a demonstrationof Vietnam’s coordinatingrole in the growing relationship between ASEAN and India.
In 2017, ASEAN and India marked 25years since they established the dialogue relationship, 15 years since settingup high-level dialogues, and five years of their strategic partnership.
The bilateral relationship continues to develop comprehensivelyon all three pillars, namely politics-security, economy, and culture-society. Bilateraltrade between the two partners has increased 2.5 times over the last decade,reaching 76 billion USD in 2017.
Currently, ASEAN isthe fourth largest trading partner of India,while Indiaremains the sixth largest trading partner of ASEAN.
Indiais implementing a development fund of 75 million USD to support its enterprisesinvesting into ASEAN countries such as Cambodia,Laos, Myanmar, and Vietnam, among others.-VNA