Daily current affairs — Thu, 7 May, 2026

India and Vietnam have elevated their bilateral relationship to an 'Enhanced Comprehensive Strategic Partnership' following talks between Prime Minister Narendra Modi and Vietnamese President To Lam. Key outcomes include a new bilateral trade target of $25 billion by 2030, the signing of 13 pacts (including MoUs on digital payments, rare earths, and pharmaceuticals) across various sectors, Vietnam's entry into the Indo-Pacific Oceans Initiative, and a strong joint stance on freedom of navigation in the South China Sea, indirectly addressing China's assertiveness.