India Today Group Online
 


November 20, 2000 Issue




COVER
  Warning Signals
Halfway on its path to recovery, the economy is displaying signs of a slowdown. Here is what's wrong in the economic landscape and what lies ahead.


 
DIPLOMACY
 

Who Will Be Good for India?
Amid the confusion surrounding the election of the 43rd President of the United States, the question in Indian minds was: Who between Al Gore and George Bush will be better for India?

 
STATES
 

After Basu, Work
Reviving a listless economy and keeping the die-hard reds at bay—the new Chief Minister Buddhadeb Bhattacharya will require extraordinary grit to junk the legacy of Basu raj.

 
Columns
 

Fifth Column
by Tavleen Singh
Demolishing Dreams

 
    Kautilya
by Jairam Ramesh
States are Central


 
    FlipSide
by Dilip Bobb
Farce Multiplier

 
Other stories
  The Nation  
  Tamil Nadu  
  Diplomacy  
  Profile  
  Sports  
  Law  
  Uttaranchal  
  Heritage  
  Temples of Doom  
  Healthwatch  
  Orissa  
  Cinema  
  Music  
NewsNotes
 

Abroad Hints

 
 

Smiling Still

More...

 
   

Lest We Forget

 
 



 
  Home  
 

DIPLOMACY: VIETNAM

Ahoy Hanoi

With India and Vietnam reviving old bonds, the chances of a strategic tie-up become stronger

By S. Prasannarajan in Hanoi

There," said King Lyu Thaui Toa over 990 years ago, "all is flourishing and prosperous. It's the most beautiful site bringing together men and riches coming from the four cardinal points. It's also an excellent capital for a royal dynasty for ten thousand generations." Then, it was known as Thaeng, the Ascending Dragon. Today, it's Hao Noai, Two Rivers, or, in English, Hanoi.

The Singh-Nien interface was marked by warmth

And Jaswant Singh, on a two-day visit, didn't forget to wish the city a happy millennium anniversary 10 years in advance. The not-so-new dynasty of communists, the Indian foreign minister's host, almost copied the king to return the compliment though it didn't exactly say, "Here, all is flourishing ... It's the most beautiful site bringing together men and riches."

That would have been too Chinese. The spirit of socialism in Hanoi is willing to be prosperous, but, as a punprone travel writer once wrote, the flush is not working. Maybe the sanitary system of communism is too cautious to make life comfortable all of a sudden. But there was no caution, only trust and warmth, as Hanoi turned the 10th Indo-Vietnam Joint Commission meet into a celebration of brotherhood. The high point of this renewed bonding will be Prime Minister A.B. Vajpayee's visit to Vietnam next year.

Take this from Singh's Vietnamese counterpart, Nguyen Dy Nien, an old India hand-Banaras Hindu University scholar and former counsellor at the Vietnamese Embassy in Delhi. Vietnam, he said, supports India's bid to become a permanent member of the Security Council. Also, Vietnam wants India to be a decisive member of APEC. The tone: this Asian is worth the friendship. And he was not too demanding. More imports, and not rice alone; impetus to trade; more Indian investment in telecom and software technology-Nien was businesslike. The agreements couldn't have disappointed him. "The trade imbalance has been corrected," Singh says. And President Tran Duch Luong told him, "Vietnam treats India with strategic importance."

This new-found importance is not matched by investment. India doesn't even figure among the first 10 investors in Vietnam. The generally low foreign investment has hit Vietnam's industrial growth and taken the sheen out of its version of perestroika, the doi moi that began in 1986. The slowdown is partly because of outside cynicism and greatly because of the refusal to open all gates to the market.

The New Abroad: Now, it seems, the doi moi is becoming Asia-specific. The wise men of the politburo, steeped in the memory of the struggle against France and the US, are still wary of the outsider. The near abroad is more comprehensible-with one defining exception: China, which is aspiration and fear. Aspiration: dynamism in the market and dogma in the party, or, free market and fettered citizen. Fear: a nasty neighbour with extra-territorial ambitions. It's a case of geography defining history, more aptly a historical enemy. The last war with the "big bully" was in 1979 and Hanoi is still suspicious of Beijing. A section of the ruling class believes the US could be a buffer between the traditional antagonists. Others can't come to terms with it. They prefer a neighbourhood power. Why not India? China may not be a common enemy, but it concentrates the minds of Delhi and Hanoi. "We don't trust China," says a Vietnam Foreign Ministry official. "India is a rising power in South Asia, a traditional friend."

China was not mentioned during Singh's visit but the Chinese subtext was transparent. His being there was part of a strategic process: George Fernandes' Vietnam visit, their naval chief in India, the Indian naval chief's forthcoming visit to Hanoi and the grand Vajpayee finale. All this cannot be accidental. Singh colonising the government-owned Vietnam News' front page too was not accidental. "Hierarchy here is measured in news columns," Hari, the only Indian journalist in Vietnam, says. Singh would like to see it civilisationally: "A new partnership for the new century." For Hanoi, it is an emerging geopolitical hierarchy in the Asian century.

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     METRO TODAY
  MetroScape  
   


MetroScape
Retro Scape
The Delhi-based gallery Nature Morte is engaged in bringing curatorial honour to old Indian works with "Shah, Souza and Sundaram"...
more...

Looking Glass

Chennai: Cosmetic Store

Delhi: Restaurant

Calcutta: Confectionery

more...

 
    Web Exclusives
COLUMNS  


With all the noise about the cabinet resolution on dilution of the government’s stakes in public sector banks, is anyone buying shares of these banks, asks V. Shankar Aiyar in Au ContrAiyar.

 
TALKING POINT  


"The emphasis will be to create a truly world class faculty with diverse approaches, beliefs, research and pedagogical styles," Prof. Sumantra Ghoshal, founding dean of the Indian Business School, tells INDIA TODAY Associate Editor V. Shankar Aiyar in an
exclusive interview.

 
DESPATCHES  


Long-forgotten customs are invoked to preserve Meghalaya's endangered sacred groves, and the legends surrounding them. INDIA TODAY's Teresa Rehman reports on the unique conservation effort in Despatches.

 
XTRAS!

Full coverages
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» 1971: The Untold Story
» Veerappan Strikes Again
» Mission Impossible
» The SriLankan crisis
» The Kashmir jigsaw
»The Nepal Gameplan

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