The 21st century is witnessing rapid development in various parts of East and Southeast Asia. The developing states in the region are struggling to maintain balance between their social obligations and economic reforms. It is their belief that technology could act as a catalyst for successful implementation of their development strategies. During the last few years Vietnamese government has invested significant resources in the development of its science and technology base keeping in mind the long-term interests. Space technology is one such area identified by the Vietnamese government.

In 2012, India will host two significant events. First, in the month of December, the India-ASEAN Summit will be held at New Delhi to mark the 10th anniversary of their Summit-level dialogue; and second, India and Vietnam will be celebrating 40 years of the establishment of their diplomatic relations. Both events gain salience in the broader context of the beginning of the third decade of India’s Look East Policy which has witnessed phenomenal growth over the years in bilateral and multilateral relations with the ASEAN countries.