The Union Cabinet has approved Memorandum of Understanding (MoU) between India and Vietnam on Cooperation in the field of Information Technology.
The MoU aims to develop sustainable and a long-term cooperation between both countries on the basis of equality and mutual interest in the areas of IT.
- The MoU will be implemented by establishing a Joint Working Group on IT having representatives from both the countries.
- It will remain in force for a period of 5 years and will be renewable by mutual written consent between India and Vietnam.
- Its implementation will result in institutional and capacity-building in the field of IT and Human Resource Development, mutually benefiting IT sector of both countries.