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Vietnam Today

PM meets with Indian PM in New Delhi

Released at: 17:00, 25/01/2018

PM meets with Indian PM in New Delhi

PM Nguyen Xuan Phuc (L) meets with PM Narendra Modi on Jan.24 (Photo; VNA)

PM in India to attend ASEAN - India Commemorative Summit and a ceremony celebrating the 69th anniversary of the country's Republic Day.

by Long Van

Prime Minister Nguyen Xuan Phuc and Indian Prime Minister Narendra Modi held talks in New Dehli on January 24 to seek ways to further strengthen the comprehensive strategic partnership between the two countries, according to a report from the Vietnam News Agency.

Prime Minister Phuc pledged to create favorable conditions for Indian enterprises in order to bolster economic and trade links, especially in fields when India has strengths and Vietnam has demand, such as infrastructure, information technology (IT), mechanical engineering, energy, and the construction of industrial and hi-tech agriculture areas. He also spoke highly of the non-refundable official development assistance and preferential credit India has provided for Vietnam over the years and also thanked the country for continuing to provide scholarships to Vietnamese students.

Prime Minister Modi, meanwhile, asked for Vietnam to support Indian businesses operating in oil and gas, renewable energy, and pharmaceuticals. He also vowed to enhance Vietnam’s capacity via the Indian Technical and Economic Cooperation Program, Mekong - Ganga Cooperation, and Quick Impact Projects, actively consider increasing long-term scholarships to Vietnamese students at prestigious Indian universities and to help Vietnam build several vocational training centers.

In order to achieve the target of $15 billion in two-way trade by 2020, the two prime ministers asked the Inter-Subcommittee on Trade to convene a meeting shortly to discuss appropriate measures, with a focus on stepping up aviation and maritime connectivity and gradually removing trade barriers to facilitate exports and imports.

The two sides also consented to working closely together in multilateral forums, particularly within the UN framework.

On the East Sea issue, the two prime ministers highlighted the importance of peace, stability, safety, maritime and aviation security and freedom, and the peaceful settlement of disputes with respect to international law, including the 1982 United Nations Convention on the Law of the Sea. They also called for the formulation of an effective and legally-binding Code of Conduct.

Prime Minister Phuc told his counterpart that he highly values India’s stance on the East Sea and welcomed its further coordination in oil and gas exploration and exploitation in Vietnam’s economic exclusive zone and continental shelf.

As coordinator of ASEAN-Indian relations for the 2015-2018 period, Vietnam is willing to partner with India to increase multifaceted links with ASEAN, the Prime Minister said.

It is also ready to work with India and other ASEAN member states to step up maritime security coordination in important meetings in the region.

Following the talks, the two prime ministers witnessed the handover of cooperative agreements between the Ministry of Information and Communications and the Indian Ministry of Information and Broadcasting and between Vietnam’s National Remote Sensing Department and India’s Space Research Organization.

Prime Minister Phuc arrived in New Dehli on January 24 to attend the ASEAN - India Commemorative Summit and a ceremony celebrating the 69th anniversary of the Republic Day of India, at the invitation of Prime Minister Modi.

Shortly after arriving in New Delhi, Prime Minister Phuc met with senior executives from several leading Indian businesses, such as Tata, Larsen & Toubro (L&T), ONGC, and vDoIT.

In his meeting with the Managing Director of Tata Power, Mr. Anil Sardana, the Prime Minister said the Vietnamese Government would create favorable conditions for the two countries’ enterprises, to bring investment and business activities in line with the sound political and diplomatic ties. He also asked Tata to increase its investment in Vietnam.

Mr. Sardana confirmed his Group’s commitment to expanding production and business projects in Vietnam in a long-term and sustainable manner. Tata also hopes to receive support from the Prime Minister and relevant agencies in their investment projects, he said.

Tata Power is the largest electricity producer in India and is implementing the Long Phu 2 thermal power plant project in the Mekong Delta’s Soc Trang province as well as other projects in Vietnam.

At a meeting with the Managing Director of L&T, Mr. Subrahmanyan, Prime Minster Phuc said he highly values L&T’s strengths and investment projects in many countries, including in Vietnam.

He asked the company to carry out shipbuilding projects in Vietnam with the best quality and the lowest costs. The company also needs to cooperate with Vietnamese firms in the same fields, to transfer technology.

Vietnam wants to build solar and wind power plants and encourages foreign enterprises, including L&T, to partner with local companies to carry out such projects, he added.

Mr. Subrahmanyan told Prime Minister Phuc about L&T’s successful cooperation projects with Vietnamese businesses and agencies, especially in building patrol boats for the coast guard.

He added that L&T, a multinational group operating in energy, defense, technology, construction, manufacturing, and finance, is also interested in urban railway projects in Vietnam and wishes to be involved in their construction, as it’s one of the company’s strengths.

Prime Minster Phuc also met with Mr. Narendra K. Verma, Managing Director of the Oil and Natural Gas Corporation (ONGC), where he asked it to continue its cooperation with Vietnamese partners in oil and gas exploration and exploitation as well as production and processing.

Mr. Verma expressed his satisfaction at ONGC’s investment projects in Vietnam, adding that it will continue expanding production and business activities. He also called for more support and favorable conditions from the Prime Minister and the government.

Prime Minister Phuc also held a meeting with Mr. Sudheer Pandharpurkar, Chairman of vDoIT, which operates in the IT sector and provides technological services and solutions in healthcare, education, human resources development, and e-government.

He welcomed vDoIT’s implementation of the Smart Village project in Vietnam, adding that if the project is successful it will help improve living standards for rural residents.

The government is very much interested in the project, he explained, as it suits its rural area development program. He pledged the best possible conditions for the project and asked vDoIT to expand Smart Village to Thai Binh, Dong Thap, and Ninh Thuan provinces.

Mr. Pandharpurkar said the Smart Village project is being carried out in 43 villages in Ha Nam and Ninh Binh provinces, implementing service and solution packages in education, telemedicine, human resources development, and hi-tech agriculture.

He expressed his belief that with support from local residents the project will be successful. He also asked for more support for the project from local authorities.

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