India and Vietnam elevated ties to an enhanced comprehensive strategic partnership during Vietnamese leader To Lam's May 5-7 state visit, during which he and Indian Prime Minister Narendra Modi set a target to raise bilateral trade from $16 billion currently to $25 billion by 2030, according to a joint statement released on May 6. The two sides signed 13 memorandums of understanding covering rare earths, digital payments, energy, healthcare and other areas, agreed to establish an official dialogue among their foreign and defense ministries, and expanded defense cooperation, including discussing a possible $629 million sale of India's BrahMos missile system, though no formal weapons agreement is likely by the end of the visit.