Vietnamese and Chinese Localities Forge Ahead with Economic Corridor Cooperation

Business

Hanoi - Representatives from Vietnam and China's Yunnan province convened in Hanoi on November 13 for the 10th conference on economic corridor cooperation. The conference, involving Lao Cai, Hanoi, Hai Phong, Quang Ninh from Vietnam and Yunnan from China, was marked by discussions on a wide range of cooperation areas including investment and trade, culture, tourism, healthcare, education, transportation, and logistics.

According to Vietnam News Agency, the conference saw the submission of 40 presentations from a diverse group of stakeholders, including management agencies, businesses, business associations, universities, research institutes, and experts. These presentations addressed various issues pertinent to the economic corridor's development.

In the domain of investment and trade, delegates reviewed the progress made in investing in infrastructure to boost inter-provincial and inter-regional transportation connectivity. They also shared experiences in enhancing trade connectivity, developing trade infrastructure, and expanding e-commerce.

The conference also delved into cultural cooperation. Participants agreed to enhance the sharing of experience in culture management and the preservation and promotion of cultural heritage values. This encompassed discussions on museums, libraries, cinematography, and opportunities in the cultural industry.

Tourism was another key focus, with delegates encouraging the formation of alliances between travel businesses from both sides. The aim is to create enticing tourism packages along the economic corridor. The conference highlighted the need for stronger support for travel agencies in terms of immigration mechanisms, policies, procedures, and the organization of destination surveying and marketing events.

Finally, the importance of adopting information technology and digital transformation in the transportation industry was underscored. This is expected to be combined with the development of logistics services, thereby enhancing the efficiency and effectiveness of transportation within the economic corridor.