A protocol on the establishment of the Vietnam-Israel Inter-Governmental Committee on Economic, Scientific and Technological Cooperation was signed in Hanoi on April 25.

Addressing the signing ceremony, Minister of Science and Technology Nguyen Quan affirmed that Vietnam always attaches importance to the development of science and technology and considers it key to stimulate the country’s socio-economic development.

He expressed his belief that the protocol between the two countries will create opportunities for Vietnamese scientists to exchange research experiences, and form projects of the two sides’ interests, contributing to their economic development.

Israeli Ambassador Extraordinary and Plenipotentiary Meirav Eilon Shahar stressed the protocol will help both sides achieve their common goals and seek cooperation opportunities, particularly in science and technology, economics and trade.

In recent years, Israel has been moving towards developing a high-tech economy. With its great science and technology potential, the country has become an exporter of computers, chemicals and farm products.-VNA