Skip to main content

Vietnam prez pitches for expanding Indo-Vietnam maritime connectivity

http://www.businessworld.in/article/Vietnam-prez-pitches-for-expanding-Indo-Vietnam-maritime-connectivity/28-02-2018-142015/


28February, 2018

by PTI

Print this articleFont size -16+

By Priyanka Tikoo

New Delhi, Feb 28 (PTI) Ahead of his India visit, Vietnam President Tran Dai Quang has strongly advocated enhanced trade ties and boosting maritime and aerial connectivity between the two countries, a push that comes amid increasing Chinese assertiveness in the region.

Tran, who will arrive in India on March 2 on a three-day state visit, also feels that India and Vietnam are "blessed" with strategic locations in South Asia and South East Asia, respectively, and there is immense potential for the two countries to cooperate in different areas.

"Furthermore, both countries are endowed with advantages to develop maritime economy. In this regard, we could increase information exchange and share experience in formulating maritime strategies," Tran told PTI in an interview.

His call for deepening Indo-Vietnam maritime connectivity assumes significance as the US, Japan and a number of other countries have pitched for a greater role for India in the Indo-Pacific region, apparently to contain China's growing influence.

The Vietnamese leader also said both countries have forged a high level of political trust through mutual visits at the high and lower levels, and worked closely for effective implementation of the signed agreements, particularly the Joint Vision Statement on Defense Cooperation for 2015–2020.

"In order to achieve the target of USD 15 billion of bilateral trade turnover by 2020, both sides need to promote investment in areas where India’s advantages coincide with Vietnam's demands, step up aviation and maritime connectivity, and reduce and work towards abolition of the trade barriers so as to create favorable conditions for the two-way trade," Tran said in the email interview.

The strong pitch by the Vietnamese president for increased aviation and maritime connectivity with India may not go down well with China, which is in conflict with Vietnam and several other countries in the region, including Brunei and the Philippines over maritime claims in the South China Sea.

The presidential visit comes just over a month after Vietnamese Prime Minister Nguyen Xuan Phuc's trip to India as one of the chief guests for the Republic Day parade.

Tran also identified defence, security and trade as effective strategic areas of cooperation.

"India and Vietnam are blessed with strategic locations in South Asia and South East Asia, respectively, aside from young population, large workforce, huge markets and rapid economic growth. Hence, the two countries may promote cooperation in such areas as production, manufacturing, infrastructure development, renewable energy, information technology...and new technology application such as biotechnology, green agriculture, nano technology, new materials, among others," he said.

He also asserted that Indian initiatives, including 'Make in India', 'Digital India' and '100 Smart Cities', and India's achievements in developing a knowledge economy offer multiple opportunities for cooperation, investment and doing business for enterprises of both countries

Comments

Popular posts from this blog

Balochistan to establish first medical university

https://www.dawn.com/news/1366135

The Newspaper's Staff CorrespondentOctober 25, 2017QUETTA: The provincial cabinet on Tuesday approved the draft for establishing a medical university in Balochistan.Health minister Mir Rehmat Saleh Baloch made the announcement while speaking at a press conference after a cabinet meeting.“The cabinet has approved the draft of the medical university which would be presented in the current session of the Balochistan Assembly,” he said, adding with the assembly’s approval the Bolan Medical College would be converted into a medical university.Published in Dawn, October 25th, 2017

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میںPlease help the deserving persons...Salary:Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows;Welder: Rs. 1,700 dailyHeavy Duty Driver: Rs. 1,700 dailyMason: Rs. 1,500 dailyHelper: Rs. 850 dailyElectrician: Rs. 1,700 dailySurveyor: Rs. 2,500 dailySecurity Guard: Rs. 1,600 dailyBulldozer operator: Rs. 2,200 dailyConcrete mixer machine operator: Rs. 2,000 dailyRoller operator: Rs. 2,000 dailySteel fixer: Rs. 2,200 dailyIron Shuttering fixer: Rs. 1,800 dailyAccount clerk: Rs. 2,200 dailyCarpenter: Rs. 1,700 dailyLight duty driver: Rs. 1,700 dailyLabour: Rs. 900 dailyPara Engine mechanic: Rs. 1,700 dailyPipe fitter: Rs. 1,700 dailyStorekeeper: Rs. 1,700 dailyOffice boy: Rs. 1,200 dailyExcavator operator: Rs. 2,200 dailyShovel operator: Rs. 2,200 dailyComputer operator: Rs. 2,200 dailySecurity Supervisor: Rs. 2,200 dailyCook for Chinese food: Rs. 2,000 dailyCook…

Germany’s Siemens sets up Belt and Road office in Beijing

https://gbtimes.com/germanys-siemens-sets-up-belt-and-road-office-in-beijing
Germany’s Siemens sets up Belt and Road office in Beijingby Janne Suokas Mar 23, 2018 15:20 TRADEINVESTMENTBELT AND ROAD INITIATIVEGerman industrial and engineering group Siemens will set up a Belt and Road office in Beijing. surberFlickrCC BY 2.0
German industrial and engineering group Siemens will set up an office in Beijing to boost international cooperation under China’s Belt and Road initiative, the company said on Friday.The move will help strengthen Siemens’ cooperation with Chinese and international companies and expand business opportunities brought about by the Belt and Road initiative, according to the company’s statement.The Belt and Road initiative is China’s ambitious project to boost trade and infrastructure investment in more than 65 countries along the ancient Silk Road trade routes from Asia to Europe and Africa.Siemens said it had already partnered with hundreds of Chinese companies in overse…