PANO - The Ministry of Industry and Trade of Vietnam and the Ministry of Commerce, Industry and Environment of Timor Leste on December 21st signed a memorandum of understanding (MoU) on rice trade in Hanoi.

At the signing ceremony. Photo: VNA

At the signing ceremony, representative of the Ministry of Industry and Trade of Vietnam said the country will be a reliable partner of Timor Leste not only in agricultural produces, fishery products, but also in garment, leather and footwear and electronic products. Vietnam will also provide favourable conditions for businesses of both sides to operate and promote investment and trade and other activities in Timor Leste.

For its part, Timor Leste confirmed that the country always welcomes and encourages businesses of Timor Leste to invest in Vietnam.

Translated by Chung Anh