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
VIỆT NAM'S INDUSTRIAL REAL ESTATE MARKET MAINTAINS STRONG MOMENTUM
Industry experts have forecast that Việt Nam's industrial real estate market will continue its positive trend over the next 12–24 months, with solid support from high-quality foreign direct investment (FDI), regional production shifts, and significant nationwide infrastructure projects currently underway. In the first six months of the year, the industrial real estate sector in Việt Nam saw robust growth driven by a substantial influx of FDI.
VIETNAM TARGETS 50,000 AI-SKILLED PROFESSIONALS FOR KEY SECTORS BY 2030
Vietnam is stepping up efforts to build an AI-ready workforce, targeting 50,000 skilled professionals and 10,000 advanced specialists by 2030 to strengthen strategic industries. Deputy Prime Minister Le Tien Chau signed Decision No.1528/QD-TTg, dated August 11, approving the National Programme on Artificial Intelligence Human Resource Development through 2030, with a vision to 2035.
HO CHI MINH CITY OUTLINES PLANS TO START FOUR MORE METRO LINES
Ho Chi Minh City People’s Committee plans to begin construction on four metro lines by the end of 2026, which is part of the plan to complete 255km of metro lines by 2030. The first line, which connects Binh Duong New City with Suoi Tien, covers a length of over 32km, with an estimated investment of $2.18 billion. The line will pass through seven wards.
TECHNOLOGY ASSESSMENT IN THE CONTEXT OF INNOVATION AND GREEN TRANSFORMATION
Vietnam's new vision on strategic foreign direct investment means that the work of Vinacontrol Group in terms of technology assessment is deemed more vital than ever. Vinacontrol Group is currently one of only two organisations nationwide designated by the Ministry of Science and Technology to conduct technology assessment under Decision No.29/2023/QD-TTg, placing it at the centre of a process that increasingly determines whether an investment project can proceed, be adjusted, or be extended.
VIỆT NAM SEAFOOD EXPORTS COULD TOP $12 BILLION DESPITE GATHERING HEADWINDS
Seafood exports are expected to top US$12 billion this year, but, according to the Vietnam Association of Seafood Exporters and Producers, the industry will have to contend with four major challenges: higher tariffs, stricter traceability requirements, rising input costs, and intensifying competition in key markets. VASEP said seafood exports in the first seven months of the year were up 11.5 per cent year-on-year at $6.78 billion.
DUNG QUẤT EZ, QUẢNG NGÃI IPS DRAW NEARLY US$19.4 BLN
The Dung Quất Economic Zone and Quảng Ngãi industrial parks have so far attracted 441 projects worth around US$19.4 billion, according to the Dung Quất Economic Zone and Quảng Ngãi Industrial Parks Authority (DEZA). The DEZA now has 350 projects run by 293 companies, employing nearly 81,700 workers, while about 20,000 additional experts, engineers and workers are building mega projects, according to data presented at a workshop marking the authority’s 30th anniversary recently.
























