The two nations upgraded their relationship to an ‘enhanced comprehensive strategic partnership’ as their leaders met in New Delhi India and Vietnam have decided to ramp up bilateral trade between the countries. A decision has been made to boost trade from $16 billion at present to $25 billion by 2030, Prime Minister Narendra Modi said after a meeting with Vietnamese President To Lam. Lam, who is accompanied by a high-level delegation, is on a three-day trip to India, his first state visit after being elected president in April. “Through new initiatives in critical minerals, rare earths, and energy cooperation, we will ensure the economic security and supply chain resilience of both countries,” Modi said. The two countries have also upgraded their relationship to an ‘enhanced comprehensive strategic partnership’. Trade between India and Vietnam crossed $16 billion in the fiscal year that ended in March 2026. “Vietnam is a key pillar of India’s Act East Policy and Vision Ocean.…