Business

Hanoi, Shanghai businesses set up cooperation

The Hanoi Supporting Industries Business Association (HANSIBA) and N&G Group signed a cooperation agreement with a business delegation from Shanghai (China) in Hanoi on September 26.
Hanoi, Shanghai businesses set up cooperation ảnh 1At the signing ceremony. (Photo: VNA)
Hanoi (VNA) - The Hanoi SupportingIndustries Business Association (HANSIBA) and N&G Group signed acooperation agreement with a business delegation from Shanghai (China) in Hanoi onSeptember 26.

Under the agreement, the sides will implement investmentand production procedures in 2024 to implement the agreed cooperation for mutualbenefits.

At the event, they exchanged opinions on cooperation orientationsin development, investment and capital arrangement for N&G Group industrial parks.

With the agreement, the Techno Park production complexis expected to be formed with joint work of Hanoi andShanghai in Hanoi South Supporting Industrial Park (HANSSIP).

The Techno Park production complex in Hanoi will be built according to international standards in order toattract high-tech projects from China and foreign countries, especially thosein semiconductor.

A representative from the Chinese side said specificmeasures will be discussed after the signing to realise the cooperation, noting that more Chinese enterprises are expected to investin Vietnam in the time ahead.

The Chinese delegation said it will continue studyinginvestment opportunities in all the three regions of Vietnam to build morehigh-tech industrial complexes. /.

VNA
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