Beijing (VNA) - 𝐆China Railway Nanning Bureau Group Co., Ltd. reported an extraordinary increase in freight transport between China and Vietnam in January, with Guangxi province exporting 3,062 TEUs of goods to Vietnam, a year-on-year increase of 760%.
Freight transportation from Nanning station in China to An Vien station in Vietnam takes only 14 hours – an advantage in both time and cost efficiency.
Huang Wenhan, a staff member at the Nanning Railway Logistics Centre, reported strong growth across various commodity categories since the beginning of the year. Shipments of fiberboard, LCD screens, and diesel engines saw year-on-year increases of 1,000%, 254%, and 33%, respectively. Besides, a range of Lunar New Year merchandise such as candies, beverages, decorative cardboard, and seasonings, experienced peak shipping volumes in mid-January, with an additional cross-border freight train added daily to meet demand.
In response to the growing transportation demands along the China-Vietnam railway route, the firm enhanced its coordination with clients to better understand their needs and customise transportation plans. Furthermore, customs authorities and relevant departments from both countries strengthened information exchange to expedite cargo handling and improve railway transportation efficiency.
Freight trains departing from Guangxi have connected with 25 provinces and cities across China, facilitating goods transportation to various ASEAN countries, including Vietnam, Laos, and Thailand, thereby enhancing trade efficiency between China and ASEAN./.
In recent years, the Vietnam - China relationship has remained stable, achieving substantive results in economic cooperation, a Chinese expert noted, underlining the necessity of promoting collaboration in this field.
China - Vietnam's economic ties have flourished, with bilateral trade and investment growing rapidly. In 2024, trade reached 260.65 billion USD, up 13.5% from the previous year, while Vietnam is also an important destination for Chinese investors.
In the context of complex regional and international developments, Vietnam and China need to persist in maintaining the stable development of relations between the two Parties and two countries, while also enhancing multilateral coordination, said a leader of the Institute of Southeast Asian Studies under the Guangxi Academy of Social Sciences.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
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Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
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In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
