PM seeks PowerChina’s support for railway industry
Vietnam encourages reputable Chinese corporations to invest in railway infrastructure, starting with the Lao Cai – Hanoi – Hai Phong line, Prime Minister Pham Minh Chinh said, suggesting PowerChina work closely with Vietnam to develop railway industry, transfer technology and know-how, train quality workforce, and offer operational expertise.
PM Pham Minh Chinh (R) and President of PowerChina Asia Pacific Zhou Jiayi (Photo: VNA)
Hanoi (VNA)💛 – Prime Minister Pham Minh Chinh has urged Power Construction Corporation of China (PowerChina), a major Chinese contractor, to boost cooperation with Vietnamese partners in clean energy and strategic infrastructure development, especially standard-gauge railways and urban rail systems.
During a reception in Hanoi on May 21 for President of PowerChina Asia Pacific Zhou Jiayi, PM Chinh specifically proposed cooperation on the Hai Phong – Hanoi – Lao Cai railway line, which would connect with China’s Kunming and Chongqing, creating a key transport corridor to European markets.
This push came at a time when Vietnam is focusing on three strategic breakthroughs, with a strong emphasis on transport, energy and digital transformation infrastructure. Connectivity with China, especially in rail, is a priority.
PM Chinh welcomed PowerChina’s cooperation plans with Vietnamese partners, expressing support for its business expansion in Vietnam, particularly in the railway sector. He noted that China has long supported Vietnam in numerous areas, with many joint projects continuing to deliver tangible benefits.
Vietnam encourages reputable Chinese corporations to invest in railway infrastructure, starting with the Lao Cai – Hanoi – Hai Phong line, he said, suggesting PowerChina work closely with Vietnam to develop railway industry, transfer technology and know-how, train quality workforce, and offer operational expertise.
He also highlighted recent Vietnamese resolutions aimed at advancing sci-tech, innovation, digital transformation, and private-sector development, which offer incentives and a favourable investment climate.
The PM encouraged PowerChina to integrate Vietnamese firms into its global supply chain; transfer clean energy technologies to firms like Viettel and the Vietnam National Industry - Energy Group for wind turbine and solar panel production, and partner with local firms like Lung Lo and Song Da to explore wind energy projects in northern provinces.
The leader expressed hope that PowerChina would use Vietnam as a springboard to grow its presence in Southeast Asia and beyond.
At the reception (Photo: VNA)
Reaffirming Vietnam’s commitment to harmonising interests and sharing risks, he assured that the Vietnamese Government stands ready to accompany, support, and safeguard the legitimate rights and interests of foreign investors, including PowerChina and other Chinese firms, to ensure successful, effective, and law-abiding projects that generate shared benefits.
Zhou, citing PowerChina’s experience in building over 2,000 km of railways in China, Laos, and Indonesia, expressed enthusiasm for Vietnam’s rail projects. He proposed government backing to collaborate with four Vietnamese firms on the Lao Cai-Hanoi-Hai Phong line, promising timely, quality, and cost-effective construction while sharing technical and management expertise.
PowerChina, the world’s seventh-largest energy contractor, operates in over 130 countries, with 2024 revenue exceeding 100 billion USD, ranking it 108th among the world’s top 500 companies. Its portfolio spans hydropower, irrigation, electricity, urban infrastructure, mining, and digitalisation.
Active in Vietnam since the early 2000s, PowerChina has contributed to over 100 energy and infrastructure projects, including seaports. In 2024, it signed a memorandum of understanding with four Vietnamese firms, namely FECON JSC, Lung Lo Construction Corporation, Song Da Corporation JSC, and Thang Long Joint Stock Corporation, to form the CVRail Consortium focused on nationally significant railway projects. The consortium’s combined 2024 revenue was estimated at around 22 trillion VND (880 million USD)./.
Cao Bang province is blessed with breathtaking natural landscapes that captivate visitors. Particularly, the Non Nuoc Cao Bang UNESCO Global Geopark is recognised for its unique geological, geomorphological, and historical values, as well as its rich cultural identity.
Compared with previous routes, the new corridor saves each truck approximately one day in transport time and reduces costs up to 1,000 CNY (over 138 USD).
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
