The Metco Joint Stock Company (Metco) of Vietnam on July 11 signed strategic cooperative contracts with the Huyndai Global Investment of the Republic of Korea (RoK) and the Superior Energy of the United State (US).

Under the contracts, Metco will cooperate with the RoK partner in the fields of real estate, chemicals and oil and gas, while its cooperation with the US business will focus on services of explosion for oil and gas industry.

Metco is a 100 percent State–invested company. Its principal shareholder is the General Army of Economic and Technology Company (Gaet) under the General Department of Defence Industry./.