Want to be in the loop?
subscribe to
our notification
Business News
VIỆT NAM, CHINA STRENGTHEN COLLABORATION IN TRANSPORTATION INITIATIVES
From late 2023 to December 2024, the Ministry of Construction, China’s National Development and Reform Commission (NDRC) and the China International Development Cooperation Agency (CIDCA) signed six documents to advance the construction of railways.

Delegates at the meeting. — Photo the Ministry of Construction
HÀ NỘI — Việt Nam and China have discussed measures to bolster transport collaboration, particularly in railway development, at a recent meeting between Minister of Construction Trần Hồng Minh and Chinese Minister of Transport Liu Wei as part of the former’s working trip to China.
At the event, Minh underscored the Vietnamese Party and Government’s political determination to bring into full play the common perceptions on cross-border railway connectivity and cooperation between the two countries.
From late 2023 to December 2024, the Vietnamese Ministry of Transport (now the Ministry of Construction - MoC), China’s National Development and Reform Commission (NDRC) and the China International Development Cooperation Agency (CIDCA) signed six documents to advance the construction of railways.
Additional documents have been planned, including a Memorandum of Understanding (MoU) between the MoC and the NDRC on establishing a Việt Nam – China railway cooperation committee and several documents on plans for such railway routes as Đồng Đang – Hà Nội, Móng Cái – Hạ Long – Hải Phòng and Lào Cai – Hà Nội – Hải Phòng.
Việt Nam is striving to break ground on the Lào Cai – Hà Nội – Hải Phòng project by the end of this year, he said, adding the National Assembly approved 18 special mechanisms and policies to carry out the project.
Minh suggested the Chinese sides soon carry out important works for the railway construction, comprising the approval and presentation of diplomatic note regarding non-refundable aid for the project feasibility study and introduction of capable Chinese firms to form partnerships with Vietnamese companies.
Beyond railway development, the ministers reviewed bilateral cooperation in cross-border road transport, with various meetings already held to address challenges like visa procedures for drivers, cargo transportation regulations, and customs supervision.
Additionally, they proposed initiatives to facilitate transportation across China, Việt Nam and Cambodia.
The two sides are preparing to finalise procedures for signing three documents, namely an agreement and a protocol for transport infrastructure development at the Thanh Thuỷ (Hà Giang, Việt Nam) - Tianbao (Yunnan, China) border gate, and a MoU on cooperation between the two ministries, in April.
Liu praised the practical and effective transport cooperation between the two countries over the recent past.
He committed to reporting the discussed proposals to the Chinese Government and working with relevant agencies to advance the projects.
The two ministers were unanimous to bolster cooperation in the time head in the spirit of the comprehensive strategic cooperative partnership and promote the building of the Việt Nam – China community with a shared future. — VNS
Source: VNS
Related News
GOLDEN DEAL, KNOCK-DOWN OFFER
Are you ready for a fun-filled family vacation. Don't miss the super attractive Family Staycation package at Becamex Hotel. 2 days 1 night package with full amenities and free activities: Buffet breakfast, Swimming, tennis, bicycle, gym, sauna, cool ice cream, 300.000 VND service voucher and many other offers! Contact now for detailed advice.
"BEARY CHRISTMAS" CHARITY PROGRAM
As the Festive Season approaches, Caravelle Saigon, in collaboration with VinaCapital Foundation (VCF), is bringing a heartwarming charitable initiative to life — and we are delighted to invite all HKBAV members to take part in the very first “Beary Christmas” Charity Program. By adopting a Caravelle Bear for VND 299,000 nett, you will be directly supporting children battling cancer in Vietnam through VCF’s Can-Care/Can-Clover Program.
SOILBUILD INTERNATIONAL WINS “BEST INDUSTRIAL DEVELOPMENT” AWARD FOR SPECTRUM NGHE AN AT THE PROPERTYGURU VIETNAM PROPERTY AWARDS 2025
Soilbuild International is pleased to announce that its project, Spectrum Nghe An, has been awarded Best Industrial Development at the PropertyGuru Vietnam Property Awards 2025, held on 24th of October 2025, in Ho Chi Minh City. The PropertyGuru Vietnam Property Awards is part of the prestigious PropertyGuru Asia Property Awards series, the largest and most respected real estate awards programme in Asia.
WEBINAR: 2025 VIETNAM KEY TAX FINALISATION, UPDATES ON TAX CHANGES AND GLOBAL MINIMUM TAX
Dear Valued Client,We would like to invite you to our webinars on Friday, 12 December 2025, and Tuesday, 16 December 2025, to review and learn about key 2025 tax finalisation topics and stay ahead with the latest tax changes.
NEW ECONOMIC POLICIES EFFECTIVE THIS DECEMBER
Government Decree 304/2025, effective December 1, sets stricter conditions for seizing collateral, especially assets that are a borrower’s sole residence or essential work tools. In such cases, lenders must set aside a compensation amount equivalent to six to twelve months of minimum wage. The measure aims to improve transparency in bad debt handling and reduce credit risk in the banking system.
QUANG NINH TARGETS VND58 TRILLION IN TOURISM REVENUE
Quang Ninh Province is aiming to generate VND58 trillion in tourism revenue this year after surpassing its goal of 21 million visitors, driven by new tourism products, expanded nighttime activities, and large-scale events. As of mid-November 2025, Quang Ninh had welcomed 21.28 million visitors, up 12% year-on-year. Tourism revenue reached at least VND57 trillion, a 22.46% increase from the same period last year. With its visitor target achieved, the province is now pushing toward its revenue goal of VND58 trillion.
























