Belt and Road Initiative workshop: new opportunities for Vietnam-China cooperation

At the event held in Hanoi on Friday by the Chinese embassy in Vietnam and the Diplomatic Academy of Vietnam, Le Hai Binh, Deputy Director of the Academy, stressed the importance of maintaining and promoting peace, cooperation, and development in the region. He said discussion of the Belt and Road Initiative is significant, helping scholars and businesses understand more about the goal, and opportunities brought about by the initiative: “The Belt and Road Initiative is expected to bring opportunities for Vietnam in infrastructure development through financial cooperation with China. Vietnam will also enjoy opportunities to develop economy and trade with China, which is Vietnam’s top trade partner. The two countries have seen increasing trade turnover as well as two-way investment. This brings practical benefits to the two countries and contributes to peace, stability, and prosperity in the region”.

Charge d'affaires of the Chinese embassy in Vietnam Yin Hai Hong said the foremost goal of the Belt and Road Initiative is to facilitate infrastructure development, trade and exchanges.

The participants also discussed advantages and disadvantages facing countries joining the initiative.