An economic and trade cooperation project between Vietnam and Shenzhen was signed last week in Shenzhen, Guangdong province.
According to the deal, 10 enterprises from Shenzhen, including CATIC Shenzhen and Neptunus Group, will invest in a 1.6-million-sq-m economic and trade cooperation area located in Vietnam and start operations by the end of this year.
The economic and trade area focuses on developing electronics and information technology, pharmaceutical and garment-processing industries.
And Export-Import Bank of China, China Development Bank, Bank of China and China Export & Credit Insurance Corp will offer financial and insurance services for the project.
