India hands over 12 High Speed Guard Boats to Vietnam

Hanoi, June 9 (FN Agency) Defence Minister Rajnath Singh on Thursday handed over High Speed Guard Boats to Vietnam in a ceremony at Hong Ha Shipyard here on day 2 of his Vietnam visit.”It gives me great pleasure to join this historic ceremony marking the successful completion of the project to build 12 High Speed Guard Boats under the USD 100 million Defence Line of Credit by Government of India,” he said. The Minister said that the initial five boats were manufactured in at the L&T Shipyard in India and balance seven in Hong Ha Shipyard.He said that he is confident that this will be precursor to many more cooperative defence projects between India and Vietnam.” This project is a glowing example of our Make in India- Make for the World mission. We would be greatly pleased if close friends like Vietnam become part of our Defence Industries transformation through enhanced Defence Industry cooperation,” the Minister said.India has handed over the Guard Boats to Vietnam amid reports of Chinese naval vessels moving close to oil rigs in the South China Sea being jointly developed by India and Vietnam.The boats are constructed under the Centre’s USD 100 million Defence Line of Credit to Vietnam.

This project is significant in the context of the growing defence industry cooperation with Vietnam and exemplifies Prime Minister Narendra Modi’s vision of Aatmanirbhar Bharat and Make in India, Make for the World, Defence Ministry said in a statement. India and Vietnam on Wednesday signed the ‘Joint Vision Statement on India-Vietnam Defence Partnership towards 2030’ which will significantly enhance the scope and scale of existing defence cooperation between the two countries.The Joint Statement was signed during the bilateral talks held between Defence Minister Rajnath Singh and Vietnam’s Minister of National Defence General Phan Van Giang.Wide-ranging discussions on effective and practical initiatives to further expand bilateral defence engagements and regional and global issues were held between the two sides, Defence Ministry said.India and Vietnam also inked a Memorandum of Understanding on Mutual Logistics Suppot.In these times of increasing cooperative engagements between the defence forces of the two countries, this is a major step towards simplifying procedures for mutually beneficial logistic support and is the first such major agreement which Vietnam has signed with any country, Defence Ministry said.

Both Ministers also agreed for early finalisation of $US 500 million Defence Line of Credit extended to Vietnam.Implementation of the projects shall add substantially to Vietnam’s Defence capabilities and further Prime Minister Narendra Modi’s vision of Make in India, Make for the World, Defence Ministry added.The Defence Minister also announced gifting two simulators and monetary grant towards setting up of Language and IT Lab at Air Force Officers Training School for capacity building of Vietnamese Armed Forces.India and Vietnam share a Comprehensive Strategic Partnership since 2016 and defence cooperation is a key pillar of this partnership.Vietnam is an important partner in India’s Act East policy and the Indo-Pacific vision. Both countries share a rich history of civilisational and cultural linkages spanning over 2,000 years.India and Vietnam continue to have most trustworthy relations in contemporary times with broader convergence of interests and common concerns.Bilateral defence engagements have expanded over a period of time to include wide-ranging contacts between the two countries, including Defence Policy Dialogues, military to military exchanges, high level visits, capacity building and training programs, cooperation in UN Peace Keeping, ship visits and bilateral exercises. It’s worth mentioning here that Quad countries (India, Australia, Japan, and the US), in their meeting last month in Tokyo decided to intensify ties with the 10 ASEAN countries and Vietnam is an ASEAN country.