Cisco Systems Inc. signed a memorandum of understanding with the central city of Da Nang on April 22 to upgrade its information technology network.
Under the MoU, Cisco will help Da Nang build a centre for researching, developing and manufacturing hi-tech products and train human resources to develop its economy in a sustainable manner.
This is a new initiative launched by the World Bank aimed at helping big cities in developing countries to achieve sustainable economic and ecological development.
Cisco and Da Nang signed an MoU in 2007, under which the US company pledged to help Da Nang take the lead in applying information technology in the country.
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