#2016, #Yearend 2016, #South Asia

India’s bilateral trade with Cambodia, Laos, Myanmar and Vietnam has grown exponentially from $460 million in 2000 to almost $12 billion in 2014.

Till recently, they were considered the poor cousins of ASEAN’s more prosperous members, but the four countries – Cambodia, Laos, Myanmar and Vietnam – known by the acronym CLMV have emerged as the new cynosure of investors’ eyes –both for their economic potential as well as for their strategic value.

#2016, #Yearend 2016, #South Asia

Cambodia, Laos, Myanmar and Vietnam (CLMV) collectively hold a lot of promise for Indian companies, both as a market and source of raw materials.

Most Indians are quite familiar with Vietnam. Apart from etching itself into the India’s (and the world’s) collective consciousness for its heroic and successful fight against a superpower in the 1960s and 1970s, it has also emerged recently as a close Indian ally in South East Asia against a new Chinese assertiveness.

#February 2017, #Emerging Markets

The comprehensive strategic partnership between New Delhi and Hanoi is playing an important role in ensuring balance of power in Asia

Rarely, if ever, does India weigh heavily on the minds of foreign leaders when they meet their counterparts from third countries. But when Chinese President Xi Jinping recently met Communist Party of Vietnam’s General Secretary Nguyen Phu Trong in Beijing, seasoned observers could sense that New Delhi was the invisible elephant in the room.