Beijing, Sept. 22 -- After over a year of operations in Vietnam, China Design Group Co. Ltd. (Huatie) has hailed the country's business and investment environment as "well beyond initial expectations", noting that Vietnam's socio-economic development is just five years behind China, instead of 15 years as earlier estimated.

Speaking to the Vietnam News Agency on the sidelines of the Vietnam-China Tourism and Investment Promotion Forum, Huatie Vice Chairman Fan Dongtao said the firm has been implementing cooperation projects in various localities, primarily in infrastructure investment and construction, covering transport systems, urban facilities, and service complexes. It is also in discussions with Vietnamese partners to further expand...