INVESTMENTOPPORTUNITIES

Vietnam – India defense industry businesses meet in Hanoi

Updated at Wednesday, 13 Jun 2018, 19:16
The Hanoitimes - 16 companies from India introduced their outstanding research studies in suggestion for bilateral partnerships during the fourth Vietnam – India defense industry business meeting in Hanoi on June 13.
At the event, the two sides discussed a wide range of topics including research collaboration, design – manufacturing, technological transfer, defense goods purchase, and cooperation in defense industry and human resources training.
This event was organized by the Indian Embassy in Vietnam and the General Department of Defense Industry under the Vietnamese Ministry of National Defense.

 
Rajib Kumar Sen, Economic Advisor and Joint Secretary, Head of the Indian Delegation speaking at the meeting. Photo: Quan doi nhan dan
Rajib Kumar Sen, Economic Advisor and Joint Secretary, Head of the Indian Delegation speaking at the meeting. Photo: Quan doi nhan dan
The gathering, which took place during Indian Defense Minister Nirmala Sitharaman’s official visit to Vietnam, is an activity to implement the defense cooperation policy agreed between Vietnamese and Indian governments and defense leaders, according to Major General Ho Quang Tuan, deputy head of the Vietnamese department.
It provided a chance to boost mutual understanding and trust for partnership formation between defense businesses of the two nations, while enabling participating units and businesses to access updated information on cooperation contents of their interest and to come up with more suitable orientations and action plans for their joint work.
On his side, Rajib Kumar Sen, Economic Advisor and Joint Secretary, Head of the Indian Delegation, said Vietnam – India defense ties were built based on their time-honored traditional relations.
Effective joint activities have been carried out by the two defense ministries, he said, adding that the Indian government attaches importance to the defense industry and has invested heavily in it. The official expected the event will connect Vietnamese and Indian defense businesses in developing their new cooperation paths.
Ha Phuong