Kunming (VNA) –Chairman of the National Assembly Vuong Dinh Hue hosted receptions for leadersof several Chinese corporations in Kunming city, Yunnan province, on April 12 aspart of his official visit to China.

Receiving Chairman of Sunwah Group Jonathan Choi, the top legislator spokehighly of the group's 5-billion-USD investment in Vietnam, and welcomed the group toincrease its presence in the country, especially at industrial parks in Lao Caiprovince.

According to Hue, transport connectivity between Vietnamese localities andYunnan province, including the Lao Cai-Hanoi-Hai Phong route, has a strategicrole for both nations.   

Vietnam’s northern provinces and Yunnan boast huge potential to work togetherin construction of cross-border bridges and smart border gates as well as in enhancingtrade exchange via official channels, he said, expressing his hope that Sunwah will promote cooperation between Vietnamese and Chineselocalities and study to bolster trilateral cooperation in the transfer of advanced technologiesto improve capacity to connect value chains.

Choi, for his part, said the group wants to expand investment ininfrastructure development, science-technology and hi-tech sectors in Vietnam.

It is building an innovation centre at the Vietnam National University, Hanoi, and cooperating with the National Innovation Centre to develop innovation cooperation, he said,stressing the group also wishes to cooperate with Vietnamese northernlocalities, especially Lao Cai.

In a reception for leaders of Yunnan Provincial Energy Investment Group Co.,Ltd (YEIG), Hue hailed the company’s capacity in ensuring sufficient energy forYunnan, suggesting the YEIG engage in clean energy projects in Vietnam.

He laid stress on cooperation to build smart border gates to speed up customsclearance procedures, and said he hopes that enterprises of the two countrieswill enhance investments in trade, investment and production.  

“The Vietnamese National Assembly stands ready to create favourable conditionsfor enterprises with sound capacity to make long-term investment in Vietnam”,he said.

Representatives from the group said that YEIG, the only corporation in energy in Yunnan, specialises in energy, logistics and green energy, and wants to step up cooperation with Vietnamesepartners in logistics. 

Meeting with General Director of Yunnan postcompany (under China’s Post Group Co.,Ltd) Yan Ming, Hue commended the company’s cooperation with Vietnamese partners, helping promote transportation of goods, parcels and postal itemsbetween the two countries.

As e-commerce and cross-border transactions are an inevitable trend, Huerecommended that the Yunnan firm enhance cooperation with Vietnamese postal firms invalue chain, logistics and trade activities, noting that Vietnam is an important gate to Southeast Asia for China, so the company should seize the opportunity.
   
 Yan Ming, for his part, held that both sides hold huge potential to develop postal cooperation, contributing to developing bilateral trade and popularisingVietnamese goods in China.

Welcoming Chairman of Dalian Locomotive and Rolling Stock Co. Ltd under ChinaRailway Rolling Stock Corporation (CRRC) Sun Rongkun, Hue highlighted highdemand for railway investment in Vietnam, expressing his hope that Dalian will joinhands with competent authorities of the two countries to carry out the Lao Cai –Hanoi – Hai Phong, Mong Cai – Ha Long – Hai Phong and Hanoi – Dong Dang railway projects.

He suggested the Chinese firm share experience, techniques and technologies inlocomotive and rolling stock with Vietnam.

Sun Rongkun said his company wants to share experience in the field withVietnam, helping the country modernise its railway system, adding the companyholds strengths in techniques and state-of-the-art technologies./.