Vietnam plans 3 railway links with China under Belt and Road Initiative
Vietnam is considering three railway routes linking with China under the Belt and Road Initiative (BRI) and the “Two Corridors, One Belt” initiative, Prime Minister Pham Minh Chinh said Thursday.
Speaking at the Vietnam-China strategic transport infrastructure development cooperation conference held in Beijing, Chinh said the three railway routes under consideration are Lao Cai-Hanoi-Hai Phong, Lang Son-Hanoi, and Mong Cai-Ha Long-Hai Phong.
The initial focus would be on the Lao Cai-Hanoi-Hai Phong route, he added.

Prime Minister Pham Minh Chinh speaks at the Vietnam-China strategic transport infastructure development cooperation conference in Beijing, June 27, 2024. Photo courtesy of the government's news portal.
The Vietnamese government will ask research agencies to draft an inter-governmental treaty for deployment of the three railway routes with focus on “preferential loans from China with standalone mechanism and technology transfer and workforce training” so that Vietnam can develop its own railway industry, Chinh said.
Vietnam is encouraging Chinese businesses to join metro railway projects in Hanoi and Ho Chi Minh City under the public-private partnership (PPP) format, he added.
Dang Sy Manh, chairman of Vietnam’s state-owned Vietnam Railways Corporation, said at the conference that under the railway master plan for 2030, the country aimed to upgrade 2,440 kilometers and construct 2,362 kilometers of new railway routes.
Under another master plan for 2050, the aim is to connect Vietnam’s railway network to the Trans-Asian railway via China and the ASEAN railway network via Laos and Cambodia, he added
He urged Chinese agencies to implement soon the railway-related content under a joint statement released by both countries. Vietnam Railways is looking to cooperate with Chinese railway businesses in equipment, locomotives and trains, Manh emphasized.
PM Chinh called on China to help Vietnam’s traffic infrastructure development with preferential loans, advanced technology, workforce training and management.
He proposed that state-owned and private businesses in China join construction, digitalization, transportation, green transformation and renewable energy projects in Vietnam.
PM meets President Xi Jinping
PM Chinh, who was on a four-day working trip to China, on Wednesday met with Chinese President Xi Jinping. He suggested that the two countries cooperate further in building major, iconic projects and speed up railway linkages under the BRI. He also called for more high-quality investments from China.

Vietnamese Prime Minister Pham Minh Chinh and Chinese President Xi Jinping meet in Beijing, June 26, 2024. Photo courtesy of the government's news portal.
Chinh also proposed that the two countries enhance cooperation via locality-to-locality ties, establishment of cross-border economic zones, border economic activities and smart border gates.
He emphasized that Vietnam considers developing stable, sustainable and long-term relations with China an objective requirement, strategic choice and top priority in its diplomatic policy.
Xi Jinping said China attaches great importance to, and considers its relationship with Vietnam a priority in its overall neighborhood diplomacy. Both sides should promote substantive cooperation, people-to-people exchanges, better control and handle divergences, and step up coordinating at multilateral forums, thus contributing to development in the region and the world, Xi Jinping said.
He reiterated China’s support for Vietnam to speed up its modernization and industrialization process, and requested Vietnam to work with China and other countries in developing stable and sustainable supply and production chains.
- Read More
My Thuy deepwater port to become central Vietnam logistics hub
My Thuy Deepwater Port, once operational, will not only create a new growth pole for the central province of Quang Tri and serve as a gateway to the East Sea, but also become a regional logistics hub.
Infrastructure - Fri, June 6, 2025 | 8:00 am GMT+7
Vietnam's 5-month registered FDI hits $18.4 bln, up 51%
Registered foreign direct investment (FDI) in Vietnam hit $18.4 billion in the first five months of the year, up 51.1%, while disbursed capital reached $8.9 billion, up 7.9%.
Economy - Thu, June 5, 2025 | 6:52 pm GMT+7
Indonesia launches economic stimulus package to boost purchasing power
The Indonesian Government has rolled out an economic stimulus package worth IDR24.44 trillion (nearly $1.53 billion) to maintain consumer purchasing power and stabilize the national economy.
Southeast Asia - Thu, June 5, 2025 | 4:06 pm GMT+7
Vinhomes subsidiary to develop two industrial parks worth $383 mln in northern Vietnam
Vinhomes Hai Phong Industrial Park Investment JSC under Vinhomes, the housing arm of Vietnam’s conglomerate Vingroup (HoSE: VIC), is expected to be the investor of two industrial parks worth VND10 trillion ($383 million) in the northern port city of Hai Phong.
Real Estate - Thu, June 5, 2025 | 3:54 pm GMT+7
Agriculture drives Indonesia’s economic growth
Agriculture is emerging as a key driver of Indonesia’s economic growth, especially in the first quarter of 2025, according to the latest report by the Indonesian Institute for Development of Economics and Finance (INDEF).
Southeast Asia - Thu, June 5, 2025 | 3:46 pm GMT+7
Vietnam's logistics heavyweight Gemadept plans over $38 mln buyback if shares plunge
Gemadept, Vietnam's leading port and logistics company, listed on the Ho Chi Minh Stock Exchange as GMD, plans to buy back 21 million shares, equivalent to 5% of its outstanding shares.
Companies - Thu, June 5, 2025 | 3:32 pm GMT+7
Vietnam, US to hold third round of reciprocal trade pact talks in first half of June
The third technical round of negotiations for a reciprocal trade agreement between Vietnam and the U.S. is expected to take place in the first half of June, as agreed by their trade ministers on Wednesday.
Economy - Thu, June 5, 2025 | 3:22 pm GMT+7
Housing developer Vinhomes, consortium partners win bid for $10 bln urban area project in central Vietnam
Vinhomes, the housing development arm of Vietnam’s conglomerate Vingroup (HoSE: VIC), and its consortium partners have won the bid to develop a VND260.3 trillion ($9.97 billion) urban area project in the south-central province of Khanh Hoa.
Real Estate - Thu, June 5, 2025 | 12:15 pm GMT+7
Agriculture ministry proposes police probe into allegations C.P. Vietnam sold 'diseased pork'
The Ministry of Agriculture and Environment on Wednesday asked the Ministry of Public Security to investigate social media allegations that C.P. Vietnam, a subsidiary of Thailand’s food giant Charoen Pokphand Foods Public Company Limited (CPF), sold “diseased pork.”
Companies - Thu, June 5, 2025 | 8:32 am GMT+7
Vietnam a strategic manufacturing hub in Asia amid global supply chain reshuffle: exec
Vietnam has emerged as a strategic manufacturing hub in Asia amid the substantial restructuring of global supply chains, said Dhamcharee Varaporn, managing director of RX Tradex Thailand & Vietnam, a leading exhibition organizer.
Companies - Thu, June 5, 2025 | 8:00 am GMT+7
Vietnam's major developer Tan Hoang Minh wants to make Da Lat 'Asia’s most livable town'
Do Anh Dung, chairman of Tan Hoang Minh, on Tuesday proposed that authorities of Lam Dong province support the property developer in planning a 4,320-hectare smart urban area project in the resort town of Da Lat.
Real Estate - Wed, June 4, 2025 | 10:36 pm GMT+7
Vietnam’s economic landscape 'positive' amid global headwinds: Prime Minister
Vietnam’s socio-economic situation has been trending positively, with stable macroeconomic conditions, inflation under control, and major economic balances well maintained, says Prime Minister Pham Minh Chinh.
Economy - Wed, June 4, 2025 | 5:23 pm GMT+7
Unleashing the quantum power in banking
While quantum computing remains in its early stages, its potential to reshape the financial landscape is undeniable. Institutions that act now, by investing in research, forming strategic partnerships, and deploying pilot use cases, will be at the forefront of this transformation, writes Phillip Wright, COO at HSBC Vietnam.
Consulting - Wed, June 4, 2025 | 3:59 pm GMT+7
How Jardine Matheson expands footprint in Vietnam
From a quiet financial investment in 2008, Jardine Matheson, a diversified, Asia-focused investment company based in Bermuda, has steadily expanded its influence in Vietnam, one of Southeast Asia’s fastest-growing economies.
Companies - Wed, June 4, 2025 | 2:57 pm GMT+7
Vietnam, Japan see 'strong collaboration prospects in developing green, eco-friendly products'
Vietnam and Japan have vast potential for cooperation in the development of green and environmentally friendly products, said general secretary of the ASEAN-Japan Center (AJC) Kunihiko Hirabayashi.
Economy - Wed, June 4, 2025 | 12:16 pm GMT+7
Quynh Lap LNG-fired power project in central Vietnam seeks in-principle approval
The $2.15 billion Quynh Lap LNG-fired power project, located in Nghe An province, is drawing significant interest from both international and domestic investors.
Energy - Wed, June 4, 2025 | 9:28 am GMT+7