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India and Vietnam sign 13 MoUs to deepen defense and digital payments ties
International
Published on 6 May 2026
Trade push to 25 billion hinges on payment linkages
India and Vietnam have upgraded their relationship to an Enhanced Comprehensive Strategic Partnership, signing 13 MoUs spanning defense and economic cooperation. The deal includes moves on banking and digital payments, with both sides seeking to lift bilateral trade to $25 billion by 2030. Central bank coordination and payment-system linking are central to strengthening financial connectivity.
- India and Vietnam upgrade ties with an Enhanced Comprehensive Strategic Partnership
- Thirteen MoUs cover defense and economic cooperation, including banking and payments
- Both aim to reach $25 billion in bilateral trade by 2030
- Central bank cooperation and payment-system linking will drive financial connectivity
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times