Tran, who will arrive in India on March 2 on a three-day state visit, also feels that India and Vietnam are "blessed" with strategic locations in South Asia and South East Asia, respectively, and there is immense potential for the two countries to cooperate in different areas.
"Furthermore, both countries are endowed with advantages to develop maritime economy. In this regard, we could increase information exchange and share experience in formulating maritime strategies," Tran told PTI in an interview.
The Vietnamese leader also said both countries have forged a high level of political trust through mutual visits at the high and lower levels, and worked closely for effective implementation of the signed agreements, particularly the Joint Vision Statement on Defense Cooperation for 20152020.
"In order to achieve the target of USD 15 billion of bilateral trade turnover by 2020, both sides need to promote investment in areas where Indias advantages coincide with Vietnam's demands, step up aviation and maritime connectivity, and reduce and work towards abolition of the trade barriers so as to create favorable conditions for the two-way trade," Tran said in the email interview.
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Tran also identified defence, security and trade as effective strategic areas of cooperation.
"India and Vietnam are blessed with strategic locations in South Asia and South East Asia, respectively, aside from young population, large workforce, huge markets and rapid economic growth. Hence, the two countries may promote cooperation in such areas as production, manufacturing, infrastructure development, renewable energy, information technology...and new technology application such as biotechnology, green agriculture, nano technology, new materials, among others," he said.
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