India, Vietnam Elevate Ties To Enhanced Comprehensive Strategic Partnership: PM Modi
India and Vietnam elevated their bilateral relationship to an enhanced comprehensive strategic partnership during talks between PM Modi and President To Lam. The move coincides with Lam's three-day visit to India, and includes commitments to expand economic and defence ties, financial connectivity, and closer ASEAN engagement.
Why It Matters
The upgrade signals strengthened security and economic cooperation between the two nations in the Indo-Pacific region and complements India's Act East Policy and Vision Ocean.
Timeline
4 Events
Financial connectivity: central bank cooperation and payment systems linked
They agreed to enhance cooperation between the central banks of India and Vietnam to boost financial connectivity, with India's UPI and Vietnam's fast payment system to be linked soon.
India and Vietnam elevate to enhanced comprehensive strategic partnership
During talks between Prime Minister Narendra Modi and President To Lam, the two sides elevated their relations to an enhanced comprehensive strategic partnership and pledged to broaden economic and defence ties, reflecting a shared Indo-Pacific outlook and commitment to rule-of-law, peace, stability, and prosperity.
Lam begins three-day state visit to India
Vietnamese President To Lam, accompanied by a high-level delegation, kick-started his three-day state visit to India on Tuesday, May 5, 2026, his first state visit since election this month.
Last year's defence frameworks pact and LoI inked
Last year, India and Vietnam inked a pact to set up a framework for submarine search, rescue and support, and signed a letter of intent to strengthen bilateral defence industry collaboration.