A discussion on “Belt and Road Initiative: A new opportunity for Vietnam-China cooperation” took place in Hanoi on August 25, bringing together about 80 delegates from state agencies, research institutes and enterprises of the two countries.
At the discussion on “Belt and Road Initiative: A new opportunity for Vietnam-China cooperation” (Photo: baoquocte.vn)
Hanoi (VNA) – A discussion on “Belt and RoadInitiative: A new opportunity for Vietnam-China cooperation” took place inHanoi on August 25, bringing together about 80 delegates from state agencies, researchinstitutes and enterprises of the two countries.
The event, held by the Diplomatic Academy of Vietnam andthe Embassy of China, is an academic exchange activity between the two sides’research agencies to discuss the implementation of the Belt and Road Initiativeso as to find opportunity for bilateral cooperation.
Opening the event, deputy director of the academy Le HaiBinh highlighted the significance of maintaining and fostering peace,cooperation and development in the region.
It is important to discuss matters around the initiativein order to give the public, scholars and enterprises in Vietnam a betterunderstanding on its goals as well as opportunities it may bring and others.Bilateral cooperation between the two nations, hereby, can be strengthenedtowards sustainable development for peace and prosperity in the region, hesaid.
The main objectives of the initiative are to improve theinfrastructure in the region and facilitate regional trade, investment andpeople-to-people exchange, according to Yin Haihong, Charge d’Affaires of the ChineseEmbassy in Vietnam.
Speaking at the discussion, delegates pointed outadvantages and barriers to the countries joining the initiative.
The programme will help address global economic issuesand bolster sustainable growth through deepening five links on policy,infrastructure, trade and investment, finance and people-to-people exchange. Itis also expected to enhance partnership between localities of Vietnam and Chinaand support the two countries in achieving their socio-economic developmentgoals.
Meanwhile, the participating countries are facingchallenges, notably public debt, capacity to carry out the programme,development gaps among them and security threats.-VNA
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At the discussion on “Belt and Road Initiative: A new opportunity for Vietnam-China cooperation” 
