India's relations with Vietnam are marked by growing economic and commercial engagement. India is among the top ten trading partners of Vietnam.
The approval was given by the Union Cabinet headed by Prime Minister Narendra Modi. The MoU helps India to extend its influence in the Southern Europe.
PVR Pictures is the film production and distribution arm of PVR Group. The PVR group owns PVR Cinemas, one of the largest multiplex companies in India.