World > Asia & Oceania
India offers $300-M loan to build up Vietnam's maritime security

NEW DELHI — India on Thursday offered a $300 million loan to build up Vietnam's maritime security, as the two sides said they want to double their trade and investment within five years.

Prime Minister Narendra Modi told visiting Vietnamese Prime Minister Pham Minh Chinh that India considers Vietnam a key pillar of its policy toward Southeast Asian nations and an important partner in its Indo-Pacific vision.