India has granted a $300 million loan to Vietnam to boost its maritime security. The announcement came during a high-level meeting between Indian Prime Minister Narendra Modi and Vietnamese Prime Minister Pham Minh Chinh on July 02, 2024.
PM Modi emphasized Vietnam’s importance as a major partner in India’s Indo-Pacific vision, as well as its role in India’s Southeast Asian policy.
During their meeting, both leaders highlighted the significance of increasing...