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PM Modi Meets Vietnam President To Lam at Hyderabad House in Delhi

The leaders agreed to expand cooperation in security, artificial intelligence, digital transformation, innovation and energy, according to a Vietnamese government statement.

  • On Wednesday, Prime Minister Narendra Modi met Vietnamese President To Lam at Hyderabad House in New Delhi, holding wide-ranging discussions on strengthening economic and defense cooperation during Lam's first state visit.
  • Marking a "significant juncture," both nations celebrate a decade of their Comprehensive Strategic Partnership, sharing "longstanding historical and civilisational ties" that have transitioned into a robust strategic relationship.
  • Bilateral trade has doubled to about $16 billion over the past decade; Indian companies have invested in 473 projects in Vietnam, while Vietnamese firms including Vingroup plan to invest about $6.5 billion in Maharashtra.
  • Following talks, Modi and Lam elevated their ties to an "Enhanced Comprehensive Strategic Partnership," agreeing to deepen defense cooperation to contribute to "rule-of-law, peace, stability, and prosperity" in the Indo-Pacific.
  • Vietnam remains a key pillar of India's Act East Policy, with both leaders sharing a common outlook on regional security dynamics and the need for stability amid rising military assertiveness.
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Financial Post broke the news in Canada on Wednesday, May 6, 2026.
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