Economic Corridors in the Greater Mekong Subregion

greatermekongEconomic corridors are areas, usually along major roadways, that host a variety of economic and social activities. This includes factories, tourism, trade, environmental protection activities and other aspects of the economy and social development of an area.

An economic corridor is much more complex than a mere road connecting two cities. It involves not only the development of infrastructure but also the crafting of laws and regulations that make it easier to do business, access markets, and conduct other activities that support trade and development in a comprehensive manner.

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First cargo train linking VN, China sets off

vietnamnews

Update: June, 14/2017 – 14:15

A cargo train.— VNA/VNS Illustrative photo Huy Hùng

HÀ NỘI — The first cargo train on the 854-km route connecting Việt Nam and southwest China departed from China’s Kunming City for Hải Phòng Port on Tuesday afternoon.

The Jinlai Shunfa international logistics company, which is operating the route, said the train, carrying 32 containers of raw materials for the chemical industry, would reach Việt Nam within four to six days.

Currently, the train is being operated on a weekly basis, but its frequency is expected to increase to daily once the demand and supply of goods between the countries rise.

The train is run along the Kunming-Hải Phòng Transport Corridor that was constructed under a co-operation programme between six countries in the Greater Mekong Sub-region, with partial financial support from the Asian Development Bank. — VNS