SME Times News Bureau | 16 Jan, 2013
India Tuesday signed a pact with Vietnam for cooperation in
the field of micro, small and medium enterprises, an official statement said
Dao Quang Thu, Vietnam's vice minister of planning and investment, and Indian
ambassador Ranjit Rae signed the memorandum of understanding (MoU) in Vietnamese
The agreement was inked during the ongoing four-day state visit of Vice
President Hamid Ansari to Vietnam.
The MoU will focus on building capacity for developing policy and institutional
frame work through exchange of experts for the development of MSMEs. A joint
committee will monitor the implementation of the MoU.
Speaking at the event, Indian Vice-President of India M.
Hamid Ansari said that MoUs signed will open new avenues for
"We value our strategic understanding and cooperation at
regional and multilateral forums like ASEAN, Mekong-Ganga Cooperation, East
Asia Summit, ASEM and international organisations like the United Nations and
WTO," he said.