General Overview of the Scientific Conference “VIETNAM – INDIA DEVELOPMENT COOPERATION ON ECONOMICS” - Assoc. Prof. PhD. Le Van Toan, Director of the Centre of Indian Studies (Part 2)


General Overview of the Scientific Conference “VIETNAM – INDIA DEVELOPMENT COOPERATION ON ECONOMICS” - Assoc. Prof. PhD. Le Van Toan, Director of the Centre of Indian Studies (Part 2)

(Part 1)

Of Studies to be presented at the Scientific Conference


Assoc. Prof. PhD. Le Van Toan
Director of the Centre of Indian Studies
Ho Chi Minh National Academy of Politics

*In regard to the economic development cooperation between Vietnam and India and the development of Indian economy in general and in other areas, the conference has received 12 studies by domestic and foreign scholars.

Assoc. Prof, Ph.D Le Quoc Ly – Vice President of the Ho Chi Minh National Academy of Politics – deeply certified and explained various aspects in the Vietnam – India economic cooperation, particularly two major activities: The export and import activities between two countries over the past years, and India’s and Vietnam’s foreign direct investment. The author formed numerous data charts such as: the Vietnam – India Trade Chart in 2011, the Vietnam Export Turnover to India Chart from 2008 to 2014, Table systematizing 10 groups of commodities of highest export value in eight months in 2013. Analyzing the real situation, and clearly defining prospects in the Vietnam – India economic cooperation, the author is convinced to affirm that, this is a relatively bright prospect that the people of both countries should intensify their co-operation.

Approaching the international relation aspect, Assoc. Prof, Ph.D Phan Van Ran – Director of International Relation Institute, Ho Chi Minh National Academy of Politics – fully analyzed the Vietnam -India tie from the past to present in the fields of trade, investment, and development aid. The author fully analyzed achievements obtained in trade and investment, and claimed that similarities and specific strengths that Vietnam and India are able to supplement each other have been brought into full play. The author also defined limitations that two sides need to overcome. From the current situation of the Vietnam – India economic relation, the author proposed four recommendations that need to be endorsed: Firstly, to study and assess systematically development potentials of India. Secondly, to attempt to increase the two-way trade turn-over. Thirdly, to actively exploit considerable cooperation potentials in investment between two countries. Fourthly, to intensify cooperation in science and technology and human resource training between two countries.

Sharing the same view with Assoc. Prof, Ph.D Phan Van Ran, M. A Tran Thi Thuy – the Ho Chi Minh National Academy of Politics -  recalled the progress of Vietnam – India economic tie since 1990s of the 20th century to present in “Vietnam – India economic relation in recent years and prospects in the future”. The author clearly indicated fundamental achievements in investment cooperation, bilateral trade tie and asserted that developments under the current regional and international contexts will be very advantageous to both countries in economic cooperation.

Assoc. Prof, Ph.D Do Duc Dinh from the Vietnam Academy of Social Science greatly certified and explained the study “Indian economy: reform – liberalization”. The author fully analyzed the Indian economy, clearly pointing out the self-reliance paths in the economic development in the 1950s of the 20th century, re-outlying three major pillars in the economic management system: heighten State ownership, intensify the Government intervention into business activities and limit external economy, especially limit foreign capital and foreign trade, including import limitation to protect domestic market for domestic capital. These pillars have their own strengths but also expose weaknesses along with the development of the history. This is also one of factors that hinder the economic growth. The author pointed out pressures that lead to reform – liberalization, fully analyzed contents, achievements, lessons of experience, prospects of this process and asserted that in the coming time India will continue to achieve greater successes, rising to become an economic power of the 21st century.

As Vietnamese Ambassador to India twice and currently head of the Ministry of Foreign Affairs’ Department of Mr. Nguyen Thanh Tan thoroughly analyzed economic policies of Indian Prime Minister Narendra Modi, focusing on particular areas: improved favorable business environment for infrastructure development, accelerated urbanization; creating favorable and friendly business environment; increased foreign investment attraction; increased investment into agriculture. The author also recommended certain orientations for the Vietnam – Indian economic co-operation and thought that as the Indian Government is strongly accelerating economic reform, Vietnamese enterprises can grasp this opportunity to enhance joint venture, association and investment cooperation with Indian counterparts for mutual development.

With the study “From “Look East Policy” to “Act East Policy”: An economic approach”, Ph.D Ho Van Chieu deeply certified and explained geopolitics and geo-economics of the Asia – Pacific Region, and competition of big countries in this region. Under that circumstance, India has shifted from the “Look East Policy” to “Act East Policy”. The author deeply analyzed the Indian strategic vision on “The Pacific Century”, interpreted the decline of the central position of the American power in this region, forcing the United States to change its strategy; outlined the rising of China and the shift of the power centre to Asia; and clearly identified pillars of the Indian “Act East Policy”, highlighting the special position of Vietnam in the “Act East Policy” strategy. With plenty of information and material, the author outlined a diverse and colorful picture with lots of embellishments, and interwoven, complex and diverse but united relationships in a new Asia and economic relationship is seen as a prominent feature. With a similar approach, M.A Dang Viet Dat, the Ho Chi Minh National Academy of Politics, Region IV, generalized the “Look East Policy”, obviously pointing out economic interests from the implementation of the “Look East Policy” in India and other countries in the region, including Vietnam, in his India’s “Look East Policy: An economic approach”.  The author thought that, the India’s “Look East Policy” has been and is demonstrating its effects in India, ASEAN countries in all areas, including economics.

In the study “Economic development of India in the early years of the Republic (1950-1964)” Ph.D Nguyen Duc Toan and Ph.D Ho Xuan Quang, from the University of Quy Nhon, analyzed in depth strategic contents, emphasizing three major points: rapid industrial and agricultural growth, developing public areas to develop strategic industries, and to develop a combined economy. The authors thoroughly analyzed three five-year economic development plans in the 1950-1964 period, clearly indicating achievements and limitations, lessons of experience of plans which the Indian Prime Minister Narendra Modi’s Government are choosing and inheriting to develop the nation.

There are two studies focusing on the agricultural area. The study “Agricultural revolution in India and suggestion for Vietnam” by Assoc. Prof, Ph.D Nguyen Thi Mai Lien from the Hanoi University of Pedagogy digs deep into achievements of the Indian industrial revolution. This is clearly demonstrated through revolutions as follows: The first Green Revolution was implemented in 1963 with the aim to increase the quantity of foodstuff to cope with starvation. The second Green Revolution was conducted in 1983, aiming to create changes to the quality of agricultural production. Achievements from these two green revolutions of India did not only resolve the foodstuff shortage but also helped India become the second rice exporter in the world. The White Revolution was conducted after the Green revolution with the target to create breakthroughs in the animal husbandry. The third Green Revolution is a comprehensive agricultural reform was implemented in 1991. Based on the analytic results of the three Indian revolutions mentioned above, the author proposed a number of recommendations for Vietnam. In her study, Ph.D Dang Kim Oanh, Deputy editor-in-chief of the Journal of Vietnam Comunist Party’s History, Ho Chi Minh National Academy of Politics also analyzed in depth various Indian revolutions, clearly indicating outstanding achievements of the country after reform, raising pieces of experience and suggestions for agricultural cooperation between Vietnam and India.

In her study “Indian Investment in Vietnam: From policy to action”, lecturer Nguyen Thi Kim Oanh from the Ho Chi Minh National Academy of Politics, Region IV generalized an overview of the Vietnam – India relationship, and analyzed the Indian investment in Vietnam from policy to action, clearly mentioning three solutions which attach policy to action in investment.

Ph.D Nguyen Truong Son, with his specialized study “India – Vietnam Energy cooperation in the East Sea of Vietnam and China’s Response”, examined summarily the importance of East Sea in various areas: marine trade, and natural potentials of the East Sea; and thoroughly analyzed the historical interrelation between the East Sea and India; and clearly defined the interests of India in the East Sea. The author also explicitly interpreted the Vietnam – India energy cooperation in the East Sea and China’s responses.

* In regard to economics - tourism

In this regard, the conference has received four studies by domestic and foreign leaders and scholars.  In his study “Vietnamese – Indian cooperation in tourism: Current situation and future prospect” Mr. Nguyen Van Tuan – Director of the Vietnam National Administration of Tourism – approached the issue from the perspective of policies to the real situation of Vietnam – India tourism development over the past time to analyze the reality, potential and prospects of tourism in both countries and believed that, with the joint efforts of the whole tourism sectors and tourism agencies in both countries, Vietnam – India tourism cooperation in the coming time will witness certain progresses.

Assoc. Prof, Ph.D Luu Hoa Binh – The Ho Chi Minh National Academy of Politics – generalized the friendship between Vietnam and India, asserting that this is a fine traditional relationship and is currently improved comprehensively. The author interpreted the reality of Vietnam – India tourism cooperation over the past time and maintained that, bilateral cooperation in tourism remains incompatible with the potential. The author clearly pointed out shortcomings from both sides and recommended these weaknesses be overcome shortly. The study also indicates potentials for tourism development; identified Indian experience – a destination of Vietnamese tourists; highlighted solutions and a number of targets which each country should strive to reach. The study “Vietnamese tourism - potential and prospect with Indian tourists” by Pham Van Hoa, The Ho Chi Minh National Academy of Politics, Region IV, and the study “Current situation and promotion measures for Indian tourist to Vietnam” by Vu Thi Huyen Trang  – Nam Dinh Industrial College – focus on introducing India and its people, the Vietnam – India tourism market, characteristics of Indian tourists to Vietnam, and the real satisfaction of demand of Indian tourists. The authors also indicated the advantages and disadvantages of investment policies, policies to attract tourists from both sides, material facilities, means of transport, tourism services into which both sides need to focus their investment. Proposals and solutions by the authors towards Vietnam – India tourism development cooperation are quite feasible.

Your Excellencies, Distinguished Guests, and Scientists!

With nearly 40 studies to be presented at this first conference, and certainly with additional standpoints to be discussed, we realize that, each study is a brain, and a sincere heart in scientific practice, and more importantly, it is the love for the two countries and two peoples that scientists have interwoven in each line of their studies. With such sentiments and understandings and with the sentiments and knowledge of your distinguished guests and scientists to this conference, we are convinced that the conference will be successful.

Once again, Once again, I would like to express my sincere thanks to your presence at this conference! I wish you all, Indian and Vietnamese, health and happiness! I wish the conference great success!

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