Vietnam - Vietnam, Venezuela sign cooperation projects

Vietnamese and Venezuelan agencies and businesses signed a number of cooperation agreements and contracts at an inter-governmental committee meeting in Caracas on April 20.

Under these documents, Vietnam will supply solar power stations, solar powered kettles, public lighting systems, and technical assistance and equipment for Junin 2 oil exploration project by JV PetroMacareo.

A document targets the expansion of a cultural exchange program in the 2012-2015 period, focusing on staging, cinematography and publishing.

The second meeting of the Vietnam-Venezuela Inter-governmental Committee took place in Caracas from April 18-20, co-chaired by Vietnamese Deputy Prime Minister Hoang Trung Hai and Venezuelan Vice President-cum-Minister of Energy and Petroleum Rafael Ramirez.

Hai and Ramirez signed the minutes of the meeting on April 20, agreeing to make a greater effort to increase bilateral cooperation in untapped areas.

The minutes detailed the areas for cooperation, including trade, oil-gas, electricity, agriculture, infrastructure, shipbuilding, information and communications technology, culture, and education-training.

Both sides agreed to promote research and cooperation in the areas of their strength, namely telecommunications, truck and motorcycle assembling, mechanical engineering, steel mill construction, small-scale hydro power projects, and biogas application in rural areas in Venezuela.

In the context of global fluctuations, Hai stressed, it is necessary to bridge regions in the world to overcome challenges and promote solidarity.

According to the Vietnamese Deputy PM, Vietnam and Venezuela need to strengthen cooperation in power, production and construction industries, agro-forestry and fisheries, science-technology, and culture-education.

VOV

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