India, Vietnam sign 12 agreements

Prime Minister Narendra Modi on Saturday met his Vietnamese counterpart Nguyen Xuan Phuc for one-to-one talks ahead of delegation-level talks. India and Vietnam sign 12 agreements for cooperation in areas, including defence and IT, to boost bilateral ties. Mr.Modi said that New Delhi will provide $500 million credit line for Vietnam for defence cooperation. India also offered a grant of $5 million to set up a software park in Vietnam.

“A renewed warmth with Vietnam. PM @narendramodi and PM Nguyen Xuan Phuc meet for a



tete-a-tete before formal talks,” External Affairs Ministry spokesperson Vikas Swarup tweeted.

This is the first bilateral prime ministerial visit from India to Vietnam in 15 years since the visit of then premier Atal Bihari Vajpayee in 2001.

Modi, who arrived here on Friday evening, on Saturday morning started by laying a wreath at the Monument of National Heroes and Martyrs here.