Want to be in the loop?
subscribe to
our notification
Business News
VIETNAM, CHINA INK SEVEN TRANSPORT COOPERATION DEALS

China’s Party General Secretary and President Xi Jinping (R) and Vietnam's Party General Secretary To Lam (2nd R) view the signed cooperation documents between Vietnam and China during Xi’s April 14-15 state visit to Hanoi – PHOTO: VNA
HCMC — Vietnam and China have signed seven cooperation documents to strengthen ties in railway and road infrastructure development, according to Vietnam’s Ministry of Construction.
The agreements were signed during General Secretary of the Communist Party of China and President of China Xi Jinping’s April 14-15 state visit to Vietnam. Minister of Construction Tran Hong Minh signed the documents on behalf of the Government.
Four of the seven agreements relate to railway development. These include a memorandum of understanding to establish a joint committee for Vietnam–China railway cooperation and technical support from China for feasibility studies and planning of several standard-gauge rail lines, including Lao Cai–Hanoi–Haiphong, Dong Dang–Hanoi, and Mong Cai–Ha Long–Haiphong.
The ministry said these documents aim to speed up project preparation and align with both governments’ goal of improving rail connectivity.
Three agreements concern road infrastructure. They include an intergovernmental agreement on building cross-border transport facilities at the Thanh Thuy–Tianbao international border gate, a protocol to streamline customs procedures at the same location, and a memorandum on technical cooperation in road construction and management.
The ministry said the road agreements will support projects in Vietnam’s Ha Giang Province and China’s Yunnan Province and promote trade and mobility across the border.
Source: The Saigon Times
Related News
JAN-OCT SEES NEARLY 163,000 NEW BUSINESSES SET UP
Vietnam recorded 162,900 new businesses established in the first ten months of the year with total registered capital of nearly VND1.6 quadrillion and 967,600 employees, showed data from the National Statistics Office (NSO). Average capital per new company was VND9.8 billion. Total additional capital injected into the economy during the period reached VND5.2 quadrillion, surging 98.2% from the same period last year.
ELEGANT WEDDING – AFFORDABLE PRICE – CHERISH EVERY MOMENT
Let Becamex Hotel bring you a dazzling, modern wedding — perfectly elegant yet perfectly affordable, starting from only 2,500,000₫ per table. Spacious, elegant, and modern ballrooms, convenient parking, and a Western – Vietnamese – Chinese menu to satisfy every palate. Our attentive, friendly team is here to pamper every guest with care and smiles.
FOREIGN TRADE REMAINS BRIGHT SPOT IN VIETNAM’S ECONOMY
During January-October, total export turnover reached US$391 billion, a year-on-year increase of 16.2 percent. Of the figure, the domestic economic sector accounted for US$94.17 billion, representing 24.1 percent, while the foreign-invested sector (including crude oil) reached US$296.83 billion, accounting for 75.9 percent.
HCMC EARNS VND208 TRILLION FROM TOURISM IN JAN-OCT
HCMC generated an estimated VND208.07 trillion in tourism revenue in the first 10 months of 2025, up 22% over the same period last year, according to the city’s Tourism Department. The figure represents nearly 72% of the city’s full-year target of VND290 trillion. International arrivals in the period rose 17.7% over the same period last year to 6.5 million, while domestic visitors totaled over 33 million.
INFOGRAPHIC SOCIAL-ECONOMIC SITUATION IN OCTOBER AND 10 MONTHS OF 2025
The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.
VIỆT NAM’S GARMENT INDUSTRY REBOUNDS, BUT CHALLENGES LOOM
According to Vũ Đức Giang, chairman of the Việt Nam Textile and Apparel Association (VITAS), the industry’s export turnover reached US$34.75 billion in the first nine months of 2025, an increase of 7.7 per cent year-on-year. This marks a robust comeback and highlights the resilience of Việt Nam’s textile exports in the global market.
























