Updated  
April, 07 2014 08:34:00

HCM City and Can Tho sign new pact

HCM City and the Cuu Long (Mekong) Delta city of Can Tho on Friday signed an agreement to enhance socio-economic co-operation in 2014-20. — VNA/VNS Photo

HCM CITY (VNS0— HCM City and the Cuu Long (Mekong) Delta city of Can Tho on Friday signed an agreement to enhance socio-economic co-operation in 2014-20.

They will work to strengthen economic and trade exchanges, develop raw materials for the industrial and agricultural processing sectors, and create outlets for each other's products.

They will exchange information and experience related to making plans and policies for developing industry and trade, raw materials, human resources, and others.

Can Tho will regularly provide information about its plans to develop industrial parks and clusters as well as projects seeking investors and incentives offered to investors to attract investments from HCM City.

HCM City would provide Can Tho with details of supermarkets, and markets to enable the latter's businesses to find partners, Thai Van Re, director of the HCM City Department of Planning and Investment, said.

The two sides will step up co-operation in investment, technology transfer, human-resource training, tourism, IT, and medicine among others.

They would organise annual reviews to assess the progress made in co-operation and resolve difficulties, Re said.

Speaking at the meeting, Le Thanh Hai, secretary of the Party Committee of HCM City, said: "The co-operation between the two cities in the past eight years has yielded encouraging results, but [they] remain modest compared to the potential."

The two sides must work to overcome shortcomings to enhance the results, he said.

He urged authorities in the two cities to pay attention to developing in a green and sustainable manner.

They should step up the use of technology in agriculture and industry and share their experiences in administrative reform, he added.

Fifteen HCM City businesses have registered to invest VND84.87 trillion (US$4 billion) in shopping malls, services, urban development, and housing in Can Tho.

Besides, 34 others have invested $278.3 million in nearly 40 projects in Can Tho industrial parks. — VNS

Send Us Your Comments:
Name:
Your E-mail address:
Title:
 

VietNamNews may edit your comments and not all emails will be published.

Highlight

Teacher's long fight for justice pays off Teacher's long fight for justice pays off

Nguyen Than spent years trying to prove the innocence of his former student, wrongfully convicted on a murder charge 18 years ago.

Passion motivates circus artists to take risks Passion motivates circus artists to take risks

The circus has always been about performers attempting precarious and daring acts in exchange for the intangible reward of the roar of the crowd.

New flowers grown for Tet New flowers grown for Tet

Farmers in the Cuu Long (Mekong) Delta will offer new varieties of flowers for the upcoming Tet (Lunar New Year) holiday, which falls on February 8 this year.

VN strives to reform customs ahead of FTAs VN strives to reform customs ahead of FTAs

The World Trade Organisation's Trade Facilitation Agreement (TFA) would boost customs reforms to facilitate trade across borders in line with international standards, an official has said.