Three World Trade Centers (WTC) in Vietnam, China, and India signed an MoU on August 10 on accelerating economic and trade relations, the Voice of Vietnam (VOV) has reported.

The MoU was signed between the WTC Binh Duong New City, WTC Shenyang, and WTC Mumbai under the framework of activities in the 2023 Asia Pacific Regional Meeting of the World Trade Centers Association (WTCA) in Binh Duong on the same day.

The signatories will facilitate and accelerate cooperation, investment, trade, technology transfer, and joint ventures, ensuring benefits to all parties.

Where permitted and appropriate, the parties will exchange information and support each other or participate in international trade fairs, exhibitions, and promotions organized in the three countries.

Addressing the signing ceremony, Deputy Chairman of the Binh Duong Provincial People’s Committee Mai Hung Dung said that as a large-scale production hub in Vietnam the province is developing a sustainable and smart innovation ecosystem.

He believes that the fine cooperation between Binh Duong and WTCs in Asia and the WTCA is increasingly reinforced and developed to strongly promote global trade and connectivity.