Northern Vietnam province urges China giant to help with urban railway development
Vietnam’s northern province of Bac Ninh, an industrial hub and home to some Samsung factories, has asked China Pacific Construction Group (CPCG) to help the province with urban railway construction.
Nguyen Anh Tuan, Party chief of Bac Ninh, made the suggestion at a Monday meeting with a CPCG delegation, led by founder and chairman Yan Jiehe.
Nguyen Anh Tuan (right), Secretary of Bac Ninh's Party Committee, and China Pacific Construction Group's founder and chairman Yan Jiehe at a meeting in Bac Ninh province, northern Vietnam, March 3, 2025. Photo courtesy of Bac Ninh TV.
Such cooperation is in line with Bac Ninh’s strategy of developing the infrastructure, digitalization, high-quality human resources, eco-friendly urban areas, and cosmetics-pharmaceutical products, he added.
Tuan also suggested CPCG help the province with workforce training, green transition, and digitalization. He requested Bac Ninh's construction department and other agencies to collaborate with CPCG.
Besides, the Party chief proposed CPCG call on other Chinese businesses to invest in Bac Ninh.
In reply, Yan Jiehe said CPCG is willing to invest in Bac Ninh’s infrastructure and connect Bac Ninh with major businesses in China. CPCG aims to establish a headquarters in Bac Ninh, he added.
In February, Prime Minister Pham Minh Chinh requested Deputy Prime Minister Tran Hong Ha and the Ministry of Transport (now the Ministry of Construction) to study the urban railway project linking inner Hanoi with the under-construction Gia Binh airport in Bac Ninh.
According to Hanoi’s draft plan, the railway has a length of 49.52 kilometers, including 28.58 kilometers in Hanoi.
- Related News
- Read More
Japan’s Parts Seiko opens $10 mln metal product factory in Vietnam
Parts Seiko Vietnam, a subsidiary of Japan’s machine tool manufacturer Parts Seiko, inaugurated its $10 million factory, also its first in Vietnam, on Monday.
Industries - Tue, March 4, 2025 | 4:53 pm GMT+7
Aeon takes over largest mall project in northern Vietnam province
Vietnam’s northern province of Hai Duong has approved the transfer of a shopping mall project from a local developer to Aeon Vietnam Co., Ltd.
Companies - Tue, March 4, 2025 | 4:47 pm GMT+7
VAFIE to hold excise tax workshop this Friday
Vietnam's Association of Foreign Invested Enterprises (VAFIE) will hold a workshop this Friday to gather expert input on a draft amended Law on Special Consumption Tax (SCT).
Top News - Tue, March 4, 2025 | 3:33 pm GMT+7
Vietnam’s Vingroup, investment group Qatari sign deal on strategic investments
Vietnam’s leading private conglomerate Vingroup and global investment group JTA Investment Qatar on Tuesday signed an MoU on strategic investments in VinFast and Vinpearl.
Companies - Tue, March 4, 2025 | 2:23 pm GMT+7
American insurer Chubb to acquire Liberty Mutual’s insurance business in Vietnam
Chubb Limited, an insurer listed on the New York Stock Exchange (NYSE) as CB, will acquire the insurance businesses of Liberty Mutual in Thailand and Vietnam.
Finance - Tue, March 4, 2025 | 1:26 pm GMT+7
Emirates announces new air route to central Vietnam tourism hub Danang
The world’s largest airline Emirates will operate four weekly flights connecting the Middle East, major European cities, and the U.S. to Vietnam’s central city of Danang, starting June 2, 2025.
Companies - Tue, March 4, 2025 | 12:05 pm GMT+7
US First Solar to reduce production in Vietnam, Malaysia
First Solar, an American manufacturer of solar panels, will reduce production in Vietnam and Malaysia, the firm said in its 2024 performance review.
Companies - Tue, March 4, 2025 | 10:21 am GMT+7
Vietnamese consumers increasingly price-sensitive, favor promotions: expert
Vietnamese consumers are becoming more sensitive to prices, prioritizing promotions, and seeking more cost-effective shopping options, according to Ralf Matthaes, CEO of market research company IFM Research.
Economy - Tue, March 4, 2025 | 8:05 am GMT+7
Vietnam must develop nuclear energy as baseload to double power capacity by 2030: Deputy PM
As Vietnam has to increase its power capacity by 70,000 MW before 2030 with renewable energy playing a major role, developing nuclear energy as baseload for the system is inevitable, said Deputy Prime Minister Nguyen Hoa Binh.
Energy - Mon, March 3, 2025 | 9:43 pm GMT+7
Singapore's Budget 2025 will help economy overcome global challenges: PM
Singaporean Prime Minister Lawrence Wong has affirmed that the island nation can navigate global challenges even as the entire global system is changing while rounding up a debate on Budget 2025.
Southeast Asia - Mon, March 3, 2025 | 9:14 pm GMT+7
Thai Cabinet approves easier work permit process for foreigners
The Thai Cabinet has approved a draft Ministerial Regulation to simplify the work permit application and issuance process for foreign workers.
Southeast Asia - Mon, March 3, 2025 | 9:12 pm GMT+7
ASEAN ready to adopt AEC Strategic Plan 2026-2030
The ASEAN Economic Community (AEC) Strategic Plan 2026-2030 is on track for completion by March 2025, paving the way for its adoption by ASEAN leaders at the 46th ASEAN Summit slated for May in Malaysia, ASEAN Secretary-General Dr. Kao Kim Hourn has said.
Southeast Asia - Mon, March 3, 2025 | 9:11 pm GMT+7
Malaysia remains top destination for European, US investors
Malaysia remains a top destination for European and U.S. investors even though the country has joined BRICS as a partner country, reported national news agency Bernama.
Southeast Asia - Mon, March 3, 2025 | 9:10 pm GMT+7
Legal framework for digital currencies must be submitted in March: Vietnam PM
Prime Minister Pham Minh Chinh has asked the Ministry of Finance and the State Bank of Vietnam to submit a legal framework for the management and development of digital assets and digital currencies within March.
Economy - Mon, March 3, 2025 | 6:19 pm GMT+7
Vietnam seeks Samsung C&T’s help in technology, workforce training for energy projects
Samsung C&T, the construction arm under South Korean chaebol Samsung, should help Vietnam businesses with energy project deployment, especially with technology transfer and workforce training.
Companies - Mon, March 3, 2025 | 4:37 pm GMT+7
Vietnam inflation to rise in near term: StanChart
Standard Chartered Bank forecasts a rise in inflation in the near term for Vietnam, with the inflation expected to increase to 3.8% year-on-year in February, up from 3.6% in January.
Economy - Mon, March 3, 2025 | 3:29 pm GMT+7
