📋 Tender Overview
Vietnamese General Secretary And President To Lam (R) And Indian Prime Minister Narendra Modi Ambassador To Viet Nam Tshering W. Sherpa Made The Assessment After The Recent State Visit Of Vietnamese General Secretary And State President To Lam, To India. The India-Viet Nam Journey Endures Over Time. Though Diplomatic Relations Between India And Viet Nam Were Established In 1972, Our Friendship And Close Relations Is Based On The Millennia-Old Civilizational Linkages Which Are Manifested In Our Shared Buddhist And Cham Heritage. As Nations With A History Of Struggle For Independence From Colonial Rule That Mutually Inspired Our National Movements, The Last Eight Decades Have Been A Remarkable Journey Of Togetherness, Showing Sensitivity To Each OtherS Concerns And Supporting Each OtherS Aspirations And National Development Visions. Over The Past Decade, Especially, Since 2016, Dimensions Of Our Relations Have, Both, Expanded And Deepened. Our Bilateral Relations Have Evolved Into More Robust And Multifaceted Synergized Frameworks, Which Have Been Built On The Bedrock Of Mutual Trust, Civilizational Heritage And Mutual Respect As Also Solidarity. Our Cooperation Has Expanded Across Sectors With Forward Strides In All Areas, Particularly, Political Engagements, Development Partnership, Defence & Security Cooperation, People-To-People Relations And Trade & Commerce. Our Bilateral Trade Has More Than Doubled Since 2016; From Us 8 Billion In 2015-2016 To Us16 Billion In 2024-2025. These Are Impressive Developments And Reflect The Synergy Between The Two Sides. However, Our Bilateral Trade Is Still Below 2 Percent Of Our Respective Global Trade; Counter-Intuitive To The Fact That We Are Two Of The Fastest Growing Economies. The Guidance By Leaders Of The Two Countries To Strive Towards A New Trade Goal Of Us25 Billion By 2030, Therefore, Sits Well With The Expectations Of Both Sides To Realize Our Potential. Vietnamese General Secretary And President To Lam (L) Holds Summit Meeting With Indian Prime Minister Narendra Modi Our Leaders Have Also Envisioned That The India-Viet Nam Partnership In The New Era Will Be Future-Oriented And Forward-Looking. And Nothing Speaks About The Future More Than Harnessing Technologies. So, WhatS In Store For The India-Viet Nam Partnership When It Comes To Harnessing Technologies? While Continuing To Strengthen The Traditional Pillars Of Our Partnership In An Upward Trajectory, Focus Will Be On Initiating Cooperation In New Domains, Particularly, In Innovation, Critical And Emerging Technologies, Renewable Energy, Health Care, Space Technology, Digital Public Infrastructure, Fintech And Pharmaceuticals, Among Others. Technology Has Become A Key Driver Of Growth, Development And Value Chain In TodayS World. Given That India And Viet Nam, Both, Are Rapidly Growing Economies With Aspirational Societies, Our Demand Sets Are Aligned. There Are Many Similarities In Our Technology Push And On Incorporating Technology Trends Into Our Respective National Economic Plans. We Will Work With Viet Nam In Realizing The Potential In These Critical And Novel Areas. We Already Have Ongoing Dialogue Mechanisms On It, S&T, And Other Areas Which Need To Be Energized And Refocused In Line With Demands Of The Current Requirements. Further, As Both Sides Move Towards Net-Zero Emissions, Our National Energy Transition Successes And Experiences Can Benefit Each Other From Our Respective Models And Policies. Viet NamS Entry Into The International Solar Alliance (Isa), Earlier This Year, Was A Step In This Direction. In Our Framework, Harnessing Technologies Is Not Restricted Only To The Definition In Its Raw Sense. Both Sides Also Make Efforts To Leverage This To Strengthen The Traditional Bonds Between The Peoples Of Two Countries. We Know That Buddhism Is The Celestial Bridge Which Embraces The Two Societies Warmly. The Spiritual Welcome Accorded During The Exposition Of Holy Relics Of Lord Buddha In Viet Nam In 2025 Is A Testimony To This Everlasting Bond. What We Have Undertaken Together Is Leveraging Technology To Restore And Conserve Our Heritage As Well. The Extensive And Technically Niche Works Being Carried Out By The Archaeological Survey Of India At The Unesco World Heritage Site In My Son Is A Case In Point. With This Same Approach, Both Sides Also Understand That This Framework Stands To Evolve Further With Increasing People-To-People Ties. In The Last Decade, Therefore, Both Sides Have Worked Closely To Increase People-To-People Connectivity Manifold. While At The Government-To-Government Levels, We Have Relaxed Visa Regimes, At Commercial Levels, We Have More Than 90 Direct Flights Operating Per Week Between India And Viet Nam. Direct Air Connectivity Has Played A Pivotal And Catalytic Role As A Force Multiplier To Promote Trade, Tourism And Business Ties. Tourism Has Been The Largest Beneficiary With International Travellers Between The Two Countries, Reaching To 900,000. In Addition, We Are Also Exploring The Possibility Of Direct Shipping Connections Between The Two Countries. Further, Supply Chain Resilience And Energy Security Are Priority Areas For Collaboration, As Well. This State Visit To India Has Taken Place At A Time When The World Is Marked By Uncertainty And Rapid Change. The Global Order Is Undergoing A Period Of Profound Transition, Shaped By Shifting Power Balances, Ongoing Conflicts And Economic Fragmentation. India Has Set Its Journey Towards Deeper Engagement With Like-Minded Countries With Similar Views And Convergences. We Have Sought To Maximise Freedom Of Choice And Maintain Autonomy In Decision Making. It Is In This Backdrop That The State Visit Of The General Secretary And State President H. E. To Lam To India Assumes Importance. There Could Not Have Been A More Appropriate Time For Our Leaders To Meet And Exchange Views As We Both Share Mutual Interests In Promoting Peace, Stability And Prosperity In The Region. The Visit Of General Secretary And S
