Vietnam’s central coastal province of Phu Yen will cooperate with two Japanese businesses in the aquatic sector and sorghum material area development, under memoranda of understanding reached on November 24 within the framework of the official visit to Japan by Prime Minister Pham Minh Chinh.
Vietnamese Minister of Agriculture and Rural Development Le Minh Hoan and Secretary of the provincial Party Committee Pham Dai Duong witnessed the signing ceremony in Tokyo.
Accordingly, Phu Yen will partner with Kiyomura Corporation in the aquatic sector, and with eREX Co., Ltd. in sorghum material area development, the two areas the province is focusing on to spur its economic growth post COVID-19.
At a working session with leaders of the businesses earlier, Hoan affirmed his support for the projects, which, he said, are expected to contribute to boosting socio-economic development in Phu Yen and Vietnam at large.
For his part, Duong said the projects would help to deal with difficulties to the supply chain and enhance cooperation between Vietnam and Japan, adding that Phu Yen’s competent agencies have completed the investment licence grant to the pilot project of eREX.