The cooperation agreement between Binh Duong and Daejeon is signed on November 2 (Photo: VNA)

Vietnam’s southern province of Binh Duong and the Republic of Korea (RoK)’s Daejeon city have inked a cooperation agreement for the next five years with a focus on economics, healthcare and education.

The deal was reached at a working session in Binh Duong on November 2.

During the function, the two sides’ officials agreed that bilateral investment, economic and trade cooperation over the last decade has been carried out in line with the investment cooperation programme signed by the Vietnamese and RoK governments.

Binh Duong – Daejeon connections have also been supported by their countries’ central and local authorities, they said.

On the occasion, the Deajeon delegation visited the Binh Duong provincial People’s Council, Mien Dong (Eastern) International University and the Becamex-IDC Corporation as well as participated in a seminar on medical tourism.

The delegation’s working visit was held on the occasion of the 10th anniversary of cooperation between the two sides.

Since 2005, Binh Duong and Daejeon have exchanged 12 delegations at all levels. The RoK had run 528 projects worth over 2 billion USD in the Vietnamese province by October this year, ranking second in project number and third in registered capital among 41 countries and territories investing in Binh Duong.

The two sides have also organised a number of exchanges between their students. RoK companies based in Binh Duong have granted nearly 700 scholarships to local disadvantaged students. Meanwhile, doctors from the Northeast Asian nation have offered more than 450 surgeries for children with cleft lips and palates in the province.-VNA