The Da Nang Public Lighting Joint Stock Company (Danpulico) and the Panasonic Lifesolutions Viet Nam Co., Ltd (Panasonic Viet Nam) have entered into a development cooperation agreement in the field of lighting.

Specifically, Danpulico and Panasonic Viet Nam will become each other's strategic partners, conducting the production of industrial lighting product lines such as street lights and port lights for the market of Da Nang and Viet Nam at large.

The contents of the above-mentioned deal have been reported to the Da Nang government.

The municipal administration praised the parties for inking the agreement, creating favourable conditions to attract more investment enterprises to Da Nang, including FDI ones.

In addition to development cooperation with foreign investors, on March 24, Danpulico also entered a cooperation agreement with Hai Phong Electricity and Lighting Joint Stock Company (Helico) to implement projects in the field of electricity and electric lighting.

Reporting by TRIEU TUNG – Translating by A.THU