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 BREAKS INTO GLOBAL TOP 10 FOR REAL ESTATE TRANSPARENCY IMPROVEMENTS
Việt Nam has emerged among the world’s 10 most improved real estate markets in terms of transparency dủing the 2024-26 period, according to the 2026 Global Real Estate Transparency Index released by global real estate services firm JLL. Overall, Việt Nam ranked 50th among 88 countries and territories surveyed, with a transparency score of 3.15, remaining in the 'Semi-Transparent' category.
VIỆT NAM'S BUSINESSES MOVE TOWARDS AI AGENTS
Việt Nam’s AI landscape is entering a new phase as businesses move beyond generative AI (GenAI) tools designed to assist human users towards autonomous AI, agentic AI and AI agents that can take action with limited supervision, experts have said. The shift comes as Việt Nam seeks to accelerate science and technology, innovation and digital transformation under Politburo Resolution 57-NQ/TW, issued on December 22, 2024.
VIỆT NAM TARGETS $48 BILLION IN TEXTILE-GARMENT EXPORTS
Việt Nam’s textile and garment industry is facing both opportunities and challenges amid complex and unpredictable developments in the global market, prompting businesses to improve growth quality, optimise production costs and enhance adaptability in pursuit of an export turnover of about $48 billion this year. The target is considered an important milestone that requires concerted efforts from management agencies and the business community.
CUSTOMS REVENUE FROM IMPORTS AND EXPORTS UP 17.4%
Vietnam’s budget revenue from import-export activities reached VND352.766 trillion (US$13.568 billion) in the first eight months of 2026, up 17.4% from the same period in 2025. Alongside the growth in goods trade, the customs sector is accelerating administrative reforms, digital transformation and risk control to facilitate businesses while securing revenue.
LIVESTOCK INDUSTRY TURNS TO MARKETING TO CAPTURE HIGHER VALUE
The country has the world's sixth-largest pig herd and second-largest waterfowl population, while its animal feed and veterinary medicine industries rank among the largest in Southeast Asia. The livestock industry is facing mounting pressure to shift away from growth driven mainly by herd expansion towards higher-value products, stronger brands and greater export competitiveness amid the impacts of climate change, diseases, environmental issues and increasing competition, experts have said.
CUTTING LOGISTICS COSTS KEY TO BOOSTING EXPORTS
Reducing costs has become an increasingly urgent priority for import-export activities, particularly logistics costs, a conference in Hà Nội was told on Tuesday. According to Deputy General Director of the Ministry of Industry and Trade's Agency for Foreign Trade, Trần Thanh Hải, import-export activities has remained a bright spot for the economy in recent years, playing an important role and helping drive macroeconomic growth.






















