Lao Cai, Yunnan to build EZ

Friday, May 15, 2015 07:38

The 265km-long Ha Noi–Lao Cai expressway. — Photo hanoimoi

LAO CAI (Biz Hub) — Authorities in the provinces of Lao Cai, in Viet Nam, and Yunnan, in China, are actively constructing the Lao Cai – Honghe economic zone.

This information was revealed at a meeting between leaders in the Vietnamese locality on Tuesday. The construction will pave the way for developing the Kimming-Lao Cai-Ha Noi-Hai Phong economic corridor.

Yunnan Governor Chen Hao lauded the Vietnamese northern mountainous province for its support of his hometown in hosting the China-South Asia and Kunming Trade fairs in June this year.

Both host and guest agreed to boost their bilateral engagement in trade and tourism, launch transportation infrastructure projects connecting their localities, and simplify entrance-and-exit procedures. — VNS

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