India-Vietnam Virtual Summit 2020 between Prime Ministers Narendra Modi & Nguyen Xuan Phuc

India - Vietnam Joint Vision for Peace, Prosperity and PeopleOn December 21, 2020, the India-Vietnam Virtual Summit 2020 held which was co-chaired by Prime Minister (PM) Narendra Modi and his Vietnamese counterpart Nguyen Xuan Phuc. It held to review the entire gamut of bilateral relations, and to discuss regional & global issues of mutual interest, including post-pandemic economic revival. Both sides inked 7 MoUs (Memorandum of Understandings) and also set forth the Joint Vision for Peace, Prosperity and People to guide the future development of India – Vietnam Comprehensive Strategic Partnership.

The details for both are given as follows:

About Agreements:

  1. Implementing Arrangement on Defence Industry Cooperation

An Implementing Arrangement was signed between the Department of Defence Production (DDP), Ministry of Defence (MoD) and General Dept. of Defence Industry, Ministry of National Defence, Vietnam. It envisages a framework for promoting cooperation between the defence industries of the two countries.

Signed by:

India– Surendra Prasad Yadav Joint Secretary (Naval Systems), DDP
Vietnam– Maj Gen. Luong Thanh Chuong, Vice Chairman

  1. Agreement for US$5 mn Indian Grant Assistance for Army Software Park at Nha Trang

The Embassy of India, Hanoi and Telecommunications University, Ministry of National Defence, Vietnam signed an agreement for US$ 5 million Indian Grant Assistance for Army Software Park at National Telecommunications University, Nha Trang, Vietnam.

  • The agreement will facilitate setting up of IT infrastructure at the Army Software Park with provision for training and services in the field of software applications.

Signed by:

India– Pranay Verma Ambassador of India to Vietnam
Vietnam– Col. Le Xuan Hung, Rector

  1. Implementing Arrangement between CUNPKO, Indian & VNDPKO for Cooperation in UN Peacekeeping

An Implementing Arrangement was signed between Centre for United Nations Peacekeeping Operations (CUNPKO), India and Vietnam Dept. of Peacekeeping Operations for Cooperation (VNDPKO) in UN Peacekeeping.

  • This agreement will identify specific activities for development of cooperation in the field of UN Peacekeeping.

Signed by:

India– Major General Anil Kumar Kashid
Vietnam– Maj. Gen. Hoang Kim Phung Director

  1. MOU between India’s AERB and Vietnam’s VARANS

A MOU between India’s Atomic Energy Regulatory Board (AERB) and Vietnam Agency for Radiation and Nuclear Safety (VARANS) was also inked to promote mutual cooperation between both entities in the fields of radiation protection and nuclear safety.

Signed by:

India – Nageswara Rao Guntur, Chairman AERB
Vietnam– Maj. Gen. Hoang Kim Phung, Director

  1. MOU between CSIR-Indian Institute of Petroleum and Vietnam Petroleum Institute.

To promote cooperation in petroleum research and training, a MoU was signed between Council of Scientific and Industrial Research Indian Institute of Petroleum (CSIR-IIP) and Vietnam Petroleum Institute.

Signed by:

India– Dr. Anjan Ray, Director, CSIR-IIP
Vietnam– Nguyen Anh Duo, Director

  1. MOU between NSEFI and Vietnam Clean Energy Association

A MoU between National Solar Energy Federation of India (NSEFI) and Vietnam Clean Energy Association was signed to promote exchange of knowledge, best practices, information between solar power industries of both nations and to also to explore new business opportunities.

Signed by:

India– Pranav R. Mehta, Chairman, NSEFI
Vietnam– Dao Du Duong, President

  1. MOU between Tata Memorial Centre and Vietnam National Cancer Hospital

To promote exchanges in the areas of training and scientific research, health care services, collaboration in diagnosis and treatment for cancer patients, a MoU was inked between Tata Memorial Centre (TMC) and Vietnam National Cancer Hospital.

Signed by:

India– Dr. Rajendra Achyut Badwe, Director, TMC
Vietnam– Le Van Quang, Director

List of Outcomes of India – Vietnam Virtual Summit

–Implementation of the High Speed Guard Boat (HSGB) Manufacturing Project for Vietnam Border Guard Command under the US$ 100 million Defence Line of Credit extended by Government of India (GoI) to Vietnam.

  • As a part of this, there will be handing over of 12 high speed patrol boats for Vietnam.
  • Five vessels are being built at Larsen & Toubro’s (L&T) shipyard in Chennai, Tamil Nadu and the rest will be made at Hong Ha shipyard in the Vietnamese port city of Hai Phong under the Indian firm’s supervision.

–Completion and handing over seven Development Projects with Indian ‘Grant-in-Aid’ Assistance of US$ 1.5 million for the benefit of the local community in Vietnam’s Ninh Thuan province.

–Enhancing the number of annual Quick Impact Projects (QIPs) to 10 from currently five, w.e.f. FY 2021-2022.

–There will be 3 new Development Partnership projects in heritage conservation in Vietnam (F-block of Temple at My Son; Dong Duong Buddhist Monastery in Quang Nam province; and Nhan Cham Tower in Phu Yen province).

–A Launch of bilateral project for preparing an Encyclopedia on India – Vietnam Civilizational and Cultural Relations.

India – Vietnam Joint Vision for Peace, Prosperity and People

Both nations set forward a Joint Vision for Peace, Prosperity and People to guide the future development of India – Vietnam Comprehensive Strategic Partnership.

  • In this regard, concrete actions proposed to be taken by both sides as per Plan of Action for period 2021-2023.
  • The plan was adopted by Subrahmanyam Jaishankar, Ministry of External Affairs (MEA) and Pham Binh Minh, Deputy Prime Minister & Minister of Foreign Affairs.

Click Her to Read Joint Vision

Recent Related News:

i.In order to further deepen bilateral cooperation, both sides signed an implementing arrangement for cooperation in the field of Hydrography. It was signed between Dehradun (Uttarakhand) based National Hydrographic Office, India and Vietnam Hydrographic Office.

ii.On November 14, 2020, External Affairs Minister, S. Jaishankar represented India at the 15th East Asia Summit (EAS) 2020 held virtually Under Viet Nam’s 2020 ASEAN (Association of Southeast Asian Nations) Chairmanship.The summit was chaired by Prime Minister of Vietnam, Nguyen Xuan Phuc in his capacity as ASEAN Chair.

About Vietnam:
Capital– Hanoi
Currency– Vietnamese dong





Exit mobile version