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    <title>Vietnam, new growth centre of South East Asia: Suresh Prabhu</title>
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    <description>Granting of Most Favoured Nation status and India&#039;s Act East Policy underpin a strategic economic partnership between India and Vietnam, emphasizing cooperation in oil exploration, agriculture, manufacturing, defence and a growing focus on the services sector. Vietnam&#039;s position within ASEAN functions as a conduit for India&#039;s wider regional engagement. India granted Most Favoured Nation treatment to Vietnam in 1975, and bilateral trade objectives and policy alignment guide sectoral collaboration and market-access modalities under the broader ASEAN integration framework.</description>
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