New Delhi: India and Vietnam approved an action plan on Thursday to expand their strategic ties with Prime Minister Narendra Modi, vowing to work together for a rules-based Indo-Pacific and asserting that India supports development, not expansionism.

Six Memorandums of Understanding (MoUs) signed

PM Modi's remarks came amid concerns over China's military posture in the region. After talks between Modi and Vietnam Prime Minister Pham Minh Chinh, the two sides signed six Memorandums of Understanding (MoUs) and finalised three other documents to enhance cooperation in various fields. It was also decided that India would provide a loan facility of US $ 300 million to Vietnam to strengthen the maritime security of the Southeast Asian country.

Chinh reached Delhi on Tuesday night on a three-day visit

An agreement was signed between the two countries' central banks to launch digital payment connectivity. Chinna arrived in Delhi on Tuesday night on a three-day visit. The purpose of his visit is to further advance the comprehensive strategic relations between the two countries. After talks with Vietnam's Prime Minister Pham Minh Chinh, PM Modi said we will continue cooperating for a free, open, rule-based and prosperous Indo-Pacific. Modi said that both sides have decided to strengthen cooperation in dealing with terrorism and cyber security issues.

He said that we agree that the review of the ASEAN-India Trade in Goods Agreement should be completed as soon as possible to realise the mutual trade potential.

PM of Vietnam meets the President

At the same time, the PM of Vietnam met President Draupadi Murmu at Rashtrapati Bhavan and discussed various issues related to both the countries. He also met Congress President Mallikarjun Kharge and former party chief Sonia Gandhi. Earlier, the PM of Vietnam reached Rajghat and paid floral tribute to Mahatma Gandhi.