Modi announces line credit of USD 500 million for Vietnam

The Prime Minister, Shri Narendra Modi and the Prime Minister of Socialist Republic of Vietnam, Mr. Nguyen Xuan Phuc at the joint media briefing, in Hanoi, Vietnam on September 03, 2016.

VIETNAM : PM Narendra Modi announces a new line of credit of USD 500
million for Vietnam to facilitate deeper defence cooperation.
Modi seeks facilitation of ongoing Indian projects and
investments in Vietnam; sets bilateral trade target of USD 15 billion by 2020.
India offers a grant of USD 5 million to set up a software
park in Vietnam. (agencies)