Vietnam plans to invest $13 bln in 2 railways linking to China
Vietnam’s Ministry of Transport is drafting plans to invest $13 billion in building and upgrading two railways linking Vietnam with China.
The ministry has recently asked the Vietnam Railway Authority (VRA) to collaborate with Chinese partners to outline the detailed plans in 2025 for further study of feasibility and investment progress. The drafting task is supported by the Chinese government.

A train of Hanoi-Dong Dang line. Photo courtesy of Giao Thong (Transport) newspaper.
The 156-kilometer Hanoi-Dong Dang railway (linking Hanoi capital city with Lang Son province bordering China) is set to have an investment of $6 billion.
Based on its 1,435 millimeter gauge, the passenger train and cargo train can run at 160 and 120 kilometers per hour, respectively.
The railway is set to link Vietnam with China at the Dong Dang international railway gateway in Lang Son province.
The Hanoi-Dong Dang line is now operational on both 1,000-milimeter and 1,435-milimeter gauges with only three train couples per day, or 20% of its capacity.
The upgrade can help fulfill the traffic demand of 7.5 million passengers and nine million tons of cargo yearly from 2050.
The 187-kilometer Hai Phong-Ha Long-Mong Cai is set to link Hai Phong city with Quang Ninh province and with China at the Mong Cai international gateway.
Running on 1,435-milimeter gauge, the project can have an investment of $7 billion and transport cargoes at 120 kilometers per hour and passengers at 160 kilometers per hour.
Currently, the route is only available on roads and waterways.
In June, Prime Minister Pham Minh Chinh said Vietnam is considering three railway routes linking with China under the Belt and Road Initiative (BRI) and the “Two Corridors, One Belt” initiative.
Chinh said the three railway routes under consideration are Lao Cai-Hanoi-Hai Phong, Lang Son-Hanoi, and Mong Cai-Ha Long-Hai Phong.
- Read More
Vietnam's PVOIL owns 423 petrol stations with EV chargers following partnership with VinFast
PVOIL, a subsidiary of state-owned giant Petrovietnam, had 423 petrol stations with electric vehicle (EV) chargers nationwide as of March 2025, through its partnership with EV maker VinFast.
Companies - Sat, April 26, 2025 | 2:53 pm GMT+7
Indonesia expects 5% economic growth despite IMF forecast revision
Indonesian Finance Minister Sri Mulyani Indrawati has expressed confidence that the country’s economy will grow by up to 5% in 2025, despite the International Monetary Fund (IMF) having revised down the national growth forecast to 4.7%.
Southeast Asia - Sat, April 26, 2025 | 10:58 am GMT+7
Vietnam's dairy giant Vinamilk to be safe and sound amid US tariff storm: CEO
Vietnam’s largest dairy maker Vinamilk will not be significantly affected by U.S. reciprocal tariffs and global trade competition as its largest share lies in the domestic market, said CEO Mai Kieu Lien.
Companies - Sat, April 26, 2025 | 10:51 am GMT+7
Vietnam's EV startup VinFast posts 192% surge in 2024 deliveries, eyes double figure in 2025
Vietnamese electric vehicle (EV) manufacturer VinFast recorded robust revenue growth in its unaudited Q4 and 2024 financial statements, driven by strong vehicle deliveries despite global market uncertainties.
Companies - Sat, April 26, 2025 | 8:28 am GMT+7
Vietnam’s first rice husk-fueled biomass power plant inaugurated
A biomass power plant using rice husk and woodchips as fuel was inaugurated on Friday in Vietnam's Mekong Delta province of Hau Giang.
Southeast Asia - Fri, April 25, 2025 | 11:13 pm GMT+7
Bestway International launches $300 mln plant in southern Vietnam
Chinese group Bestway International has launched a $300 million investment project in Vietnam's southern city of Can Tho, signaling a significant boost in large-scale foreign investment for the Mekong Delta region.
Southeast Asia - Fri, April 25, 2025 | 11:10 pm GMT+7
Indonesia accelerates tariff talks with US
Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto has met with U.S. Secretary of the Treasury Scott Bessent to promote tariff talks with the U.S.
Southeast Asia - Fri, April 25, 2025 | 11:06 pm GMT+7
Swedish giant Syre strikes deal for $1 bln circular textile project in central Vietnam
Binh Dinh province and Sweden’s leading textile manufacturer Syre on Friday signed an MoU for a $1 billion polyester fabric recycling complex which aims to position Vietnam as the world’s first high-tech, circular textile hub.
Industries - Fri, April 25, 2025 | 10:53 pm GMT+7
Vietnam's major insurer PVI aims for billion-dollar revenue in 2025
PVI Insurance Corporation is endeavoring to achieve a billion-dollar revenue by end-2025, a significant milestone in its 30th anniversary year which will reaffirm its leading position in Vietnam’s non-life insurance market.
Companies - Fri, April 25, 2025 | 8:15 pm GMT+7
'Pangasius queen' Vinh Hoan optimistic about US market despite cautious business outlook
Leaders of Vinh Hoan Corporation, one of Vietnam’s top pangasius exporters, said they remain optimistic about the U.S. market despite cautious business scenarios.
Companies - Fri, April 25, 2025 | 4:40 pm GMT+7
Vietnam the market to focus on, instead of boosting export: Sabeco CEO
Vietnam, among the countries with largest beer consumption, is the market that Sabeco focuses on, instead of boosting exports, said its CEO Lester Tan Teck Chuan.
Companies - Fri, April 25, 2025 | 4:00 pm GMT+7
Thailand's data center services market to expand 8% in 2025
Thailand's data center services market is projected to grow by 8% this year to THB12.7 billion ($379.16 million), driven by rising demand for greater processing power to support companies' adoption of AI and enlarged data storage.
Southeast Asia - Fri, April 25, 2025 | 12:07 pm GMT+7
Vietnam's oil rig demand set to soar with new projects
Vietnam is projected to see a sharp rise in demand for oil and gas drilling rigs in 2025, underpinned by the accelerated implementation of a number of large-scale energy projects, including Dai Hung Phase 3, Su Tu Trang Phase 2B, and Block B - O Mon.
Southeast Asia - Fri, April 25, 2025 | 12:01 pm GMT+7
EU seeks to strengthen partnership with Vietnam in renewable energy, aerospace, telecom
The EU is looking to enhance cooperation with Vietnam across a range of sectors, including infrastructure, transportation, renewable energy, aerospace, telecommunications, and green transformation.
Economy - Fri, April 25, 2025 | 11:34 am GMT+7
Central Vietnam province to scrap 5 wind power projects over delays
Quang Tri province authorities say they will abolish five wind power projects, starting from May this year, due to their long delays.
Energy - Fri, April 25, 2025 | 11:04 am GMT+7
Vietnamese enterprises see growing agri export opportunities in Chile
Vietnamese businesses have a growing opportunity to expand their presence in Chile, particularly in the processing and export of agricultural products, thanks to free trade agreements and tax incentives.
Economy - Fri, April 25, 2025 | 9:50 am GMT+7