Vietnam and North Korea sign banking pact

The central banks of Vietnam and North Korea have signed a banking pact to boost bilateral trade, an official from North Korea's embassy in Hanoi said on Wednesday 10 March .

The agreement was signed in Hanoi on Monday 8 March between Vietnam's central bank and North Korea's Bank for Foreign Trade during a visit by its deputy chairman, Kim Myon Sok.

"At present bilateral trade is very, very low but the new pact will boost it," the official from the embassy's commercial section said.

The Thoi Bao