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Modi announces Vietnam deal on rare earths critical minerals and UPI payments
India
Published on 6 May 2026
UPI is set to link with Vietnam’s payment network
Prime Minister Narendra Modi announced a major upgrade in India and Vietnam ties, spanning critical minerals, rare earths, and energy security. Thirteen MoUs were signed across areas like digital technologies, pharmaceuticals, and tourism, while an agreement aims to connect India’s UPI with Vietnam’s payment network. The move is framed as boosting economic and defence cooperation for regional stability.
- New cooperation focuses on critical minerals and rare earths
- Energy security is a central pillar of the India Vietnam push
- Thirteen MoUs cover sectors from digital tech to tourism
- UPI integration with Vietnam’s payment network is planned
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times