India extended a $500 million💰 Line of Credit to Vietnam for forging deeper defence👏 ties even as the 2 countries penned✍ 12 new agreements during PM Modi's visit to Hanoi. The ties between the countries was elevated⬆ to a Comprehensive Strategic Partnership. In the presence of Vietnam PM Nguyen Xuan Phuc😌, Narendra Modi said that the two sides recognised the need to cooperate👌 in responding to emerging regional challenges. Interestingly, Vietnam had strategic partnerships with only Russia and China😳. The 12 agreements signed pertains to a wide range of areas👌 covering IT, space, double taxation and sharing white shipping information👍. Modi also announced📢 a grant of $5 million for the establishment of a Software Park💻 in Nha Trang.