(VOV) -  Ho Chi Minh City and Australia’s Northern Territory have inked a memorandum of understanding (MoU) that allows the two sides to strengthen their friendship and cooperation. The document was signed Tuesday in Ho Chi Minh City by Chairman of the municipal People’s Committee Le Hoang Quan and Chief Minister of the Northern Territory Adam Giles.

Chairman of Ho Chi Minh City's People's Committee Le Hoang Quan and Chief Minister of Northern Territory Adam Giles at their meeting in October, 2013. Photo: internet

The two sides will share experience and foster collaboration in education and training, fisheries, agriculture, cattle breeding, trade promotion, tourism, and environmental protection. They agreed to deepen their engagement in each other’s key trade and investment promotion activities, while assisting the two governments in considering and approving cooperation opportunities in these fields. The two leaders agreed on the necessity of boosting the connectivity between the two localities, which they say will fuel the economic growth of both sides.