Bac Giang province to launch rail cargo service to China
A train station in Bac Giang is set to launch an international cargo route connecting Pingxiang town in China's Guangxi province on February 20, Vietnam Railways reported on Tuesday while working with provincial authorities.
The Kep train station links Dong Dang station in Lang Son province, Luu Xa station in Thai Nguyen province, and Cai Lan station in Quang Ninh province, all in northern Vietnam. The station includes 1,200 square meters of two warehouse facilities and a loading area of over 30,000 square meters.
A refrigerated container train in Vietnam. Photo courtesy of Vietnam Railways.
In the first phase, the route will run up to two trains a day on the Kep-Dong Dang-Pingxiang route on average, with a capacity of holding 80-100 containers or train carriages per day. The service is expected to deliver electronics, industrial goods, construction materials, industrial wood, and raw ore.
In the next phase, the operator will build a post-customs warehouse to serve import-export activities for businesses in Bac Giang, Bac Ninh, and nearby provinces. It is also set to deliver refrigerated containers from southern Vietnam to China. The workload is expected to increase by 2-2.5 double-track trains a day on average.
Vietnam Railways, the state-owned operator of all railways in Vietnam, proposed Bac Giang province enlarge the safety zone for the area connecting the Kep station to relevant nation highways in order to facilitate vehicles delivering goods to the station.
In reply, Bac Giang Chairman Le Anh Duong said the province is commited to facilitating the operation of the Kep station to help local businesses access the northern neighboring country and the province's growing industrial sector.
Bac Giang province, an emerging industrial hub in northern Vietnam, features 13 Samsung vendors, providing components for Samsung factories in nearby provinces of Thai Nguyen and Bac Ninh.
Hong Kong-based Yadea Technology Group Co. Ltd plans to build a $100-million electric motorbike manufacturing plant in Bac Giang under a memorandum of understanding signed with Tan Hung Industrial Park developer Lideco 1 JSC on January 7.
Taiwanese tech giant Foxconn, an Apple supplier, signed a deal last August to rent an additional 50.5 hectares of land in Quang Chau Industrial Park in Bac Giang. Foxconn plans to develop a new project with an investment estimated at some $300 million but did not disclose what it would manufacture.
Freight transport volume in Vietnam reached 202.8 million tons in January, up 5.4% month-on-month and 16.2% year-on-year, according to the General Statistics Office (GSO). Railways accounted for 300,000 tons, down 24.8% year-on-year. Air cargo accounted for the smallest figure of 30,000 tons, while road transport made up the biggest portion of 160.1 million tons.
- Read More
SK Group eyes AI data center tied to $2 bln LNG power project in central Vietnam
South Korea’s SK Group is stepping up its presence in Vietnam with plans to develop an AI data center linked to the Quynh Lap LNG-to-power project in Nghe An province, as it pushes its “AI full-stack” strategy overseas.
Industries - Mon, April 27, 2026 | 9:45 am GMT+7
State divestment from Viglacera to be delayed
The Ministry of Construction will postpone plans to divest state capital from Viglacera (HoSE: VGC) - Vietnam's leading construction material producer and industrial real estate developer, citing valuation challenges and the need to safeguard state assets, a senior official said.
Companies - Mon, April 27, 2026 | 8:05 am GMT+7
Many Vietnamese firms post surging Q1 profits, some up dozens of times year-on-year
First-quarter 2026 earnings at many Vietnamese companies rose sharply despite market volatility, with some firms reporting profits dozens of times higher than a year earlier.
Companies - Mon, April 27, 2026 | 8:00 am GMT+7
Central Vietnam province approves conversion of production forest land for Sun Group's $254 mln urban project
Authorities of Quang Ngai province have approved the conversion of nearly 83 hectares of production forest land for the development of an urban area project backed by real estate giant Sun Group.
Real Estate - Sun, April 26, 2026 | 1:46 pm GMT+7
Ex-banking tycoon Tram Be re-emerges in infrastructure projects in southern Vietnam
Tram Be, once a famous banking tycoon in Vietnam, has resurfaced in the corporate arena, appearing as a representative of Ham Giang Construction Co. Ltd. at a working session with Vinh Long province authorities on Thursday.
Companies - Sun, April 26, 2026 | 8:09 am GMT+7
Techcombank keeps real estate bad debt below 1%, fully recovers principal: chairman
The chairman of Techcombank said the lender has maintained non-performing loans (NPLs) in the real estate segment below 1%, with full principal recovery even on impaired loans.
Banking - Sun, April 26, 2026 | 8:00 am GMT+7
Posco invests $282 mln in battery materials plant in northern Vietnam
South Korean conglomerate Posco will invest a $282 million battery materials project in Vietnam's northern province of Thai Nguyen, marking its first overseas project in the artificial graphite segment.
Industries - Sat, April 25, 2026 | 10:13 pm GMT+7
Hyundai Rotem eyes Vietnam's North-South high-speed railway project
South Korea’s Hyundai Rotem is seeking to expand its footprint in Vietnam’s rail sector, including potential participation in the country’s planned North-South high-speed railway.
Infrastructure - Sat, April 25, 2026 | 6:58 pm GMT+7
Masan shares undervalued by 60%: CEO
Masan Group’s MSN shares are trading at a steep discount to intrinsic value and the corporation targets stronger cash generation over the next decade, said CEO Danny Le.
Companies - Sat, April 25, 2026 | 2:33 pm GMT+7
Vietcombank aims to complete private placement in 2026
The chairman of Vietcombank said the state-controlled lender is working with potential investors and is in detailed negotiations, with a view to executing a private placement in 2026, subject to market conditions.
Banking - Sat, April 25, 2026 | 9:35 am GMT+7
PVOIL targets 30% profit hike, expands into aviation fuel and EV charging
PVOIL, a subsidiary of state-owned Petrovietnam, has set a target of stronger profit growth in 2026 as it diversifies beyond traditional fuel retail into aviation fuel and electric vehicle (EV) charging infrastructure.
Companies - Sat, April 25, 2026 | 8:17 am GMT+7
Foxconn accelerates investment in Vietnam, moves toward humanoid robot manufacturing
Taiwan’s Hon Hai Precision Industry (Foxconn), a major Apple supplier, is signaling a deeper expansion in Vietnam as it pushes beyond traditional electronics manufacturing into higher-value automation, including industrial humanoid robots.
Industries - Fri, April 24, 2026 | 6:44 pm GMT+7
Century Synthetic Fiber Corp. targets 38% profit growth, bets on recycled fiber
Century Synthetic Fiber Corporation (HoSE: STK) aims for a 37.7% increase in 2026 pre-tax profit to VND128.5 billion ($4.88 million), driven primarily by its recycled fiber segment and a newly operational plant invested by its subsidiary Unitex.
Companies - Fri, April 24, 2026 | 5:31 pm GMT+7
Vietnam developer TTC Land eyes steady cash flow with sister firm acquisition
Saigon Thuong Tin Real Estate JSC (TTC Land), a subsidiary of multi-sector conglomerate TTC Group, is moving to secure stable, recurring revenue through the acquisition of Thanh Thanh Nam (TTN), another TTC Group member.
Companies - Fri, April 24, 2026 | 3:31 pm GMT+7
Vietnam, S Korea ink 12 deals, nuclear energy tie-up takes center stage
Vietnam and South Korea have signed 12 cooperation agreements spanning security, technology, energy and culture, with nuclear power collaboration a key highlight.
Economy - Fri, April 24, 2026 | 3:01 pm GMT+7
Thai SCG to halt Vietnam petrochemical plant in mid-May over Middle East conflict
Thai conglomerate Siam Cement Group (SCG) will suspend the operations of its Long Son Petrochemicals Complex in southern Vietnam, starting mid-May, as the Middle East conflict weighs on supply chain.
Energy - Fri, April 24, 2026 | 12:02 pm GMT+7




















