India and Vietnam deepen strategic partnership amid global uncertainty. Prime Minister Modi and Vietnam President To Lam are strengthening economic and defense ties, with both nations expanding cooperation in artificial intelligence, digital transformation, and energy sectors. Bilateral trade has doubled to approximately $16 billion over the past decade, with Indian companies investing in 473 projects worth $1.1 billion. Vietnamese investments are accelerating significantly, including VinFast's electric vehicle factory in Tamil Nadu and Vingroup's planned $6.5 billion investment in Maharashtra. Defense cooperation continues to expand through maritime exercises and capacity-building initiatives. The partnership reflects both nations' strategy to diversify economic relationships amid geopolitical shifts and regional uncertainties in the Middle East.
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