HANOI—India on Saturday agreed to provide Vietnam with a $500 million loan for defense purposes, a further sign of warming ties between two countries in separate territorial disputes with China. Prime Minister Narendra Modi and his Vietnamese counterpart Nguyen Xuan Phuc also announced after their meeting in Hanoi that Vietnam and India have upgraded their diplomatic relations to the level of comprehensive strategic partnership from...

Source: Wall Street Journal September 03, 2016 07:21 UTC