At the signing ceremony of strategic cooperation MoUs between Vietnam SuperPort™ logistics port, the Institute for Transport Development Strategy, and China Railway 16 Vietnam Company Limited (a subsidiary of China Railway Construction Corporation Limited) on January 7, 2025, Dr. Yap Kwong Weng, CEO of Vietnam SuperPort™, remarked that the construction of a new railway line connecting the northern provinces and cities of Vietnam and China, in particular, and Vietnam’s high-speed rail development plans, in general, present a significant opportunity for the growth of domestic ancillary businesses.
According to Dr. Yap, the upcoming expansion and upgrade of Vietnam’s railway system will boost the development of supply and ancillary services for this infrastructure. More businesses are expected to emerge due to the increasing demand for rail transportation once the infrastructure is upgraded in the near future. These enterprises will operate in various fields, including construction, maintenance of railway infrastructure, logistics, and transportation services.
Additionally, Mr. Nguyen Xuan Cuong, Director of the Transport Department under the Ministry of Transport, stated that building an efficient transportation network, developing advanced logistics hubs, and adopting modern technologies are not only objectives but also urgent requirements to ensure the country’s competitiveness and sustainable development.
The representative from the Ministry of Transport emphasized the comprehensive strategic cooperative partnership between Vietnam and China in numerous fields, particularly their strong potential in transport infrastructure development. The two countries have signed several important documents to promote infrastructure connectivity, enhance transport capacity, and facilitate cross-border trade, most recently, the MoU between the Ministry of Transport and the National Development and Reform Commission of China on strengthening Vietnam-China railway cooperation.
Accordingly, the standard-gauge connecting routes such as Lao Cai – Hanoi – Hai Phong, Lang Son – Hanoi, and Mong Cai – Ha Long – Hai Phong are crucial not only for enhancing cargo transport capacity but also for promoting economic development in border areas and regions.
At the event, Vietnam SuperPort™ signed two important strategic cooperation MoUs. The MoU between Vietnam SuperPort™ and the Institute for Transport Development Strategy (under the Ministry of Transport) will implement a strategy to develop the national railway network and optimize the efficient transportation of goods to and from Vietnam SuperPort. Both sides will collaborate and research the development of new railway lines and stations connecting to Vietnam SuperPort to enhance logistics capacity.
With this cooperation, Vietnam SuperPort™ is positioned as the main cargo transshipment hub along the Lao Cai – Hanoi – Hai Phong – Quang Ninh railway line, facilitating efficient and economical cargo transportation in Vietnam and across borders.
In addition to partnering with the Institute for Transport Development Strategy, Vietnam SuperPort™ also signed an MoU with China Railway 16 Vietnam Company Limited. The cooperation focuses on constructing a railway cargo terminal at Vietnam SuperPort™ and a connecting railway line to Vietnam’s national railway system, serving cross-border logistics and cargo transportation between Vietnam and China, as well as other countries in the region.
Surpassing Set Targets, 2024 GDP Rises by 7.09%
Surpassing the complex and unpredictable global challenges, the GDP growth for 2024 reached 7.09%, exceeding the target set by the National Assembly.
Pursuing Prosecution of the Former Deputy Minister of Industry and Trade
The Ministry of Public Security’s Security Investigation Agency has revealed that Hoang Quoc Vuong and his accomplices abused their positions, resulting in losses of over 1,000 billion VND. This shocking revelation highlights the severe consequences of their actions, which have caused significant financial damage.
Unveiling the Demand for Nuclear Power Talent: A Thousand-Strong Workforce Needed
Deploying the two nuclear power plant projects, Ninh Thuan 1 and Ninh Thuan 2, will require a substantial workforce of 2,400 skilled individuals.
Nuclear Reboot: Vietnam Steps into a New Age
In today’s context, restarting the Ninh Thuan nuclear power project is not just a solution to the country’s energy security but also a step towards a green and sustainable economy, propelling Vietnam’s science and technology to new heights. To ensure the project’s success, comprehensive preparations are essential, encompassing technological safety, high-quality human resources development, and societal consensus.
Expanding the Road from 8m to 30m at the Western Gateway of Ho Chi Minh City
The Tan Ky Tan Quy Road upgrade and expansion project in Binh Tan District has reached a major milestone, with 100% of the construction work now complete. The expanded 30-meter-wide road, located at the gateway to Ho Chi Minh City’s west, is set to open to traffic on the morning of December 30, facilitating smoother travel and boosting connectivity in the area.
