Vietnam to Invest $8 Billion in New Railway Connection with China

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Vietnam to Invest $8 Billion in New Railway Connection with China

Vietnam’s government has approved a new railway project connecting Haiphong to Hanoi and extending to southern China, with an investment exceeding eight billion dollars. Set for completion by 2030, this 390-kilometer line aims to enhance trade and connectivity, particularly benefiting major manufacturers. The project aligns with China’s Belt and Road Initiative, and both nations are […]

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Vietnam's National Assembly has approved an $8 billion railway project linking the northern port city of Haiphong to Lao Cai, a region bordering China's Yunnan province. The 390-kilometer railway will pass through Hanoi and is expected to improve connectivity and trade with China, Vietnam's largest trading partner. The new rail link will serve Vietnam's main manufacturing centers and is expected to cover 25 percent of the country's industrial ar…

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Vietnam approves $8 billion rail link to China

The Vietnamese parliament approved a railway project worth over $8 billion that will connect its northern port city to the Chinese border.