Investment

The move aimed at accelerating digital transformation, strengthening economic competitiveness and enhancing national security.

The exchange of agreements took place as part of Vietnam’s Party General Secretary and President To Lam’s State visit to India from May 5-7.

At the talks in New Delhi on May 6, the two sides agreed to lift ties to an “Enhanced Comprehensive Strategic Partnership” guided by the spirit of “shared vision, strategic convergence, and substantive cooperation”, ushering in a new phase of bilateral development.

Vietnam reaching its net-zero commitments by 2050 will require a concerted effort from the construction and urban development industry.

Previously, only the Prime Minister had such an authority.

Indian investors launching 30 new projects worth more than $95.2 million in Vietnam in the first quarter of 2026.