India and Vietnam are celebrating the 50th anniversary of their diplomatic relations. Bolstering friendship between the two countries is a natural outcome of a growing convergence of their strategic and economic interests, and also their common vision for peace, prosperity and their people. A strong commitment of political leadership along with the necessary institutional frameworks and cooperation between the two countries is likely to be more robust in the future. More importantly, embedding a flexible framework of engagement can contribute positively to regional stability and prosperity.
Shared concerns
India is essentially a maritime nation and the oceans hold the key to India’s future. India’s external trade (over 90% by volume and 70% by value) is by sea. Very dependent on the seas for its trade and commerce, India has intensified its efforts to engage with maritime neighbours, including Vietnam.
