"Vietnam-India comprehensive strategic partnership has made progress"

In an interview with Diplomatist Magazine, Mr. Le Quang Bien, Consul General of Vietnam in Mumbai, provides perspectives on the burgeoning Vietnam-India relationship, particularly focussing on trade, investment, tourism, and renewable energy sectors. With Vietnam's emergence as a pivotal manufacturing hub in Southeast Asia and India's robust technological prowess, he highlights the promising avenues for collaboration in manufacturing, technology, and agriculture. Mr. Bien also sheds light on Vietnam's rich cultural and natural attractions, emphasising the Consulate General's efforts to promote tourism and culinary exchange in Mumbai.

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Q As the Consul General of Vietnam in Mumbai, how do you see the potential for enhanced trade and investment, particularly in sectors like manufacturing, technology, and agriculture?

In recent times, the Vietnam-India comprehensive strategic partnership has made important progress in many fields including economic and trade cooperation of which the two countries are striving to bring bilateral trade turnover to 20 billion USD.

Both Vietnam and India are rapidly growing economies with diverse strengths, so the two countries have great potential for enhanced trade and investment. India considers Vietnam a key pillar in its Act East policy and an important partner in its Indo-Pacific vision. Vietnam always attaches its high priority to promoting comprehensive cooperation with India, especially in areas of economics, trade, and investment in an increasingly substantive and effective manner.

Based on the favourable conditions mentioned above and the complementary strengths of the two economies, in my opinion, there are a number of reasons why specific sectors such as manufacturing, technology and agriculture promise to have many opportunities to strengthen cooperation.