India Vietnam Push for $25 Billion Bilateral Trade

News: India and Vietnam are aiming to boost bilateral trade to $25 billion by 2030, strengthening economic ties amid shifting global trade dynamics. Prime Minister Narendra Modi highlighted the partnership’s role in enhancing supply chain resilience and regional cooperation.

Both countries plan to expand collaboration in manufacturing, technology, logistics and connectivity while working to improve market access and reduce trade barriers.

The partnership also focuses on diversifying sourcing strategies and positioning India and Vietnam as reliable players in regional and global supply chains.

Bilateral trade has grown steadily in recent years, supported by stronger business engagement and regional trade frameworks.