Home / China / Society

Better roads needed to boost China-Vietnam trade

By Li Yang in Nanning | | Updated: 2013-04-25 15:12

Nguyen Quoc Truong, from Vietnam’s ministry of planning and investment, called for closer cooperation between China and Vietnam in transportation and infrastructure.

He was speaking at the ASEAN International Commerce Culture Festival in Chongzuo, Guangxi Zhuang autonomous region, on April 23.

Trade between China and Vietnam hit $40 billion in 2012 and is expected to reach $60 billion by 2015. He does not think current trade matches either expectations or potential.

The two land routes, from Kunming to Haiphong and from Nanning to Hanoi, are vital trade arteries.

But the conditions of roads in Vietnam are so poor that it is very difficult for trucks carrying containers to run on the narrow and winding roads in mountainous areas.

Vietnam needs more investment from China and other countries to improve its infrastructure. The Vietnamese government is reforming its investment restrictions on private capital for transportation projects.

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349