Cisco Systems Inc. signed a memorandum of understanding with the central city of Danang on April 22 to upgrade its information technology network. Under the MoU, Cisco will help Danang build a center for researching, developing and manufacturing hi-tech products and train human resources to develop its economy in a sustainable manner. This is a new initiative launched by the World Bank aimed at helping big cities in developing countries to achieve sustainable economic and ecological development. Cisco and Danang signed a MoU in 2007, under which the U.S. company pledged to help Danang take the lead in applying information technology in the country.
