The deal was reached at a meeting in the Vietnamese northern mountainous province on November 21 between the provincial Ho Chi Minh Communist Youth Union and a youth and entrepreneur delegation from Chongzuo.
|An overview of the meeting (Source: baocaobang.vn)
Tang Yu Ling, deputy head of the Standing Committee of the Chongzuo municipal People's Congress, lauded the two sides’ cooperation prospects.
Vietnam is Guangxi’s largest trade partner and accounts for more than 50 percent of the province’s import-export volume.
Trade turnover between Guangxi and Cao Bang exceeded US$12 billion in the first nine months of this year, up 20% year-on-year.
As Guangxi has potential to develop tourism and hi-tech agriculture, it wants to intensify collaboration with Cao Bang in these fields, she added.