India and Viet Nam target $25 billion in bilateral trade by 2030

India and Viet Nam are looking to ramp up bilateral trade to $25 billion by 2030, Prime Minister Narendra Modi said Wednesday, following talks with President To Lam in New Delhi. Lam said the two countries "will elevate defence and security cooperation" and contribute to "strengthening an environment of peace and stability".

The discussions focused on sectors like education, rare earth minerals and digital payment systems, reflecting "the enhanced comprehensive strategic partnership between the two countries. On Thursday, Lam will leave for Sri Lanka for a two-day visit that will focus on trade, investment and tourism.