The ninth conference on economic corridor cooperation of five provinces and cities, namely Hanoi, Hai Phong, Quang Ninh and Lao Cai of Vietnam and China’s Yunnan is underway in the northern province of Quang Ninh from October 24 – 26.

With over 250 delegates, about 130 of them are from Vietnamese and Chinese enterprises taking part, the event aims to review difficulties in the implementation of cooperation agreement reached in the previous conference as well as devise specific ways to step up ties among the cities and provinces, and build the Kunming - Lao Cai - Hanoi - Quang Ninh economic corridor into a model of Vietnam – China effective cooperation.

Founded in 2004, the economic corridor cooperation mechanism has proved effective in bolstering collaboration in the fields of people-to-people exchange, transportation connectivity, trade and tourism.

Participants are due to review the outcomes of collaboration during the 2017 – 2019 period, and discuss orientations to coordination across transportation infrastructure, logistics, trade, education, health care, tourism, currency and insurance.

Speaking at the event, Vice Chairman of the Quang Ninh provincial People’s Committee Bui Van Khang said the conference will help further tap potential and advantages of each locality, contributing to building a Vietnam – China borderline of peace, stability, friendship and cooperation for mutual development.

Vice Secretary of the China’s Yunnan provincial Party Committee Wang Yobo said 46 Yunnan businesses are operating in Vietnam with an export turnover of 36.1 million USD.

He expressed his wish for further connectivity in terms of policy, land site, infrastructure, trade, logistics, tourism and culture.

Counsellor at the Chinese Embassy in Vietnam Yin Haihong called for further collaboration to deal with challenges regarding environment pollution, development gap and post-economic crisis.

A number of cooperation agreements were signed at the event.