Bilateral Relations: Vietnam, Venezuela in joint venture

VNA reports Vietnam and Venezuela have successfully completed negotiations for a vehicle production joint venture in Venezuela, Cuba’s Prensa Latina news agency cited Venezuelan diplomatic sources as saying.

Trade agreements were reached between Vietnam’s Vinamotor company and a delegation from Venezuela's Ministry of Light Industry and Trade (Milco) during a visit to Vietnam recently.

Signed documents by the two sides include the creation of a joint venture for the construction of light duty trucks, motorcycles and a cement plant.

Published by Mike Hitchen, mikehitchenconsulting.com
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