Theinaugural ceremony was attended by Vietnamese Deputy Prime Minister Truong HoaBinh and Chinese Ambassador to Vietnam Hong Xiaoyong.
Addressingthe ceremony, Chairman of the Quang Ninh provincial People’s Committee NguyenDuc Long said after Vietnam and China complete customs clearance procedures ofgoods and passengers at the Bac Luan Bridge II, economic and trade ties betweenQuang Ninh and China’s Guangxi province, as well as between the two countriesin general, will advance.
The twosides are also preparing for the formation of a bilateral economic cooperation areaat one end of the Bac Luan Bridge II, the connectivity between the Mong Caiborder gate economic zone and the DongxingNational Key Development and Opening-up Experimental Zone of China, and tradebetween Vietnam and China and Northeast Asia, he said.
Long highlighted the expressway connecting Hanoi with the northern cityof Hai Phong and Ha Long and Mong Cai cities of Quang Ninh to the Vietnameseside, and China’s expressway system, as favourable conditions for the bilateraltrade.
The Bac Luan Bridge II project was approved under Decision No.3325/QD-UBND dated December 6, 2012 of the Quang Ninh provincial People’sCommittee.
It aims to ease traffic burden of the Bac Luan Bridge I, promote tradeand tourism cooperation between Quang Ninh and the GuangxiZhuang Autonomous Region, gradually complete the external transportsystem, and create a development momentum for Mong Cai city.
The four-lane bridge measures 154.5m long in the Vietnamese side and 463.5min the Chinese side, and 27.7m wide.
Built at a cost of 336 billion VND (nearly 14.8 million USD), the BacLuan Bridge II is the largest arch bridge in Vietnam. The construction of thebridge and an 800-m linking road has been completed so far.
Over the past years, trade, investment and tourism cooperation betweenVietnam and China has made new strides. Vietnam is China’s biggest trade andtourism partner in ASEAN with two-way trade reaching 47.21 billion USD in thefirst seven months of this year, up 12.36 percent year on year. Of the figure,export revenue stood at 15.62 billion USD, up 14.4 percent, and import turnoverwas 31.59 billion USD, up 11.5 percent.
Vietnam ran a trade deficit of 15.97 billion USD with China, a decreaseof 3.03 percent against the same period last year.
In 2016, China continued to take the lead in the number ofholiday-makers to Vietnam, with 2.7 million, a year-on-year surge of 51.4percent. Meanwhile, Vietnam had the largest number of visitors to China amongASEAN nations with 2.2 million.
Between January and August this year, Vietnam welcomed more than 2.65 millionChinese tourists, a rise of 51.4 percent over the corresponding time last year.- VNA