(VOV) - The Vietnamese province of Vinh Long and its Cambodian counterpart Banteay Meanchey have signed a cooperation agreement on socio-economic development over five years (2012-2016).
The agreement was reached during an April 22-23 visit to Vinh Long province by a delegation from Banteay Meanchay province.
Accordingly, both localities will encourage their businesses to maintain exchanges, increase trade, especially in farm produce, and develop tourism services.
They will regularly brief each other on their economic and trade activities and share experience in science-technology and education development to promote cooperation in these fields.
Vinh Long will help introduce the Cambodian province’s potential, creating favourable conditions for its businesses to seek cooperation opportunities and establish partnerships with their Cambodian counterparts in the areas of tourism and farm produce processing.
In turn, Banteay Meanchay will offers incentives in legal assistance, land rental and administrative procedures to Vinh Long businesses to invest in the province.