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Vietnam, Japan sigh high tech cooperation

by VTV414 May 2019 Last updated at 18:42 PM

VTV.vn - In one year, Hanoi will open its first factory for aviation components and other precision mechanical equipment.

This goal was set during a signing ceremony today between Vietnam and Japan for the construction of Techno Park complex. Hanoi Supporting Industries Business Association and representatives from Japanese manufacturers of aircraft, aviation components, robots, and generators will invest more than 200 million US dollars to build this complex in the Hanssip Industrial Park. This is one of the first advanced development zones for high-tech supporting, manufacturing and processing industries in Vietnam. The construction of this complex is expected to significantly reduce the import rate of components and equipment for domestic manufacturing enterprises, which is estimated to have reached more than 50 billion US dollars per year.

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