Vietnam, China ink protocol on railway transport cooperation
A protocol related to railway transport cooperation between Vietnam and China was signed at the 44th Vietnam-China border railway conference held in Hanoi on December 12.
Vietnam and China ink a protocol on railway transport cooperation at the 44th Vietnam-China border railway conference held in Hanoi on December 12, 2024. (Photo: VNA)
Hanoi (VNA) – A protocol related to r🧸ailway transport cooperation between Vietnam and China was signed at the 44th Vietnam-C൲hina border railway conference held in Hanoi on December 12.
Director General of the Vietnam Railway Authority (VNRA) Tran Thien Canh, who is also head of the Vietnamese delegation to conference, said the annual conference is held on a rotation basis between the two countries to negotiate, resolve issues, and reach agreement on annual amendments and supplements to the Vietnam-China railway protocol.
After two working days, issues related to cross-border railway transport between Vietnam and China have been agreed upon by the two sides’ delegations, Canh said.
Participants at the the 44th Vietnam-China border railway conference held in Hanoi on December 12, 2024. (Photo: VNA)
Agreement reached in many provisions in the protocol will promptly address emerging issues during implementation, align with practical realities, and facilitate the international transport of goods, passengers and tourists between the two countries, he added.
Yang Bin, Chairman of the Board of Directors of China Railway Nanning Bureau Group Co., Ltd, who is also head of the Chinese railway delegation, affirmed that with the promotion of strategic development connections, the two countries have favourable conditions to strengthen their friendly railway cooperation.
Yang expressed his belief that under the guidance of the two countries' highest leaders, the two sides’ railway sector will seize opportunities, support each other, promote comprehensive and practical cooperation, and continue to expand transit and immigration potential, thus contributing to both countries' socio-economic development.
Delegates agreed on matters related to transport organisation, passenger and cargo transportation, information equipment, and other technical issues, which will benefit the railway sectors of the two sides, contributing to promoting the socio-economic and culture development, as well as tightening the friendly railway cooperation in particular, and the relations between Vietnam and China in general.
The VNRA has been tasked with collaborating with the National Railway Administration and and the State Railway Group of China to study amendments to the 1992 Vietnam-China Border Railway Agreement, aiming to separate state management from activities of enterprises.
The Vietnamese side hopes to receive effective cooperation and support from the China State Railway Group during the exchange and negotiation process to amend the agreement./.
Vietnam's Permanent Deputy Minister of Foreign Affairs Nguyen Minh Vu and Chairman of the China International Development Cooperation Agency (CIDCA) Luo Zhaohui have expressed their readiness to well implement high-level common perceptions, striving to realise signed projects and documents on development cooperation, especially in transport connectivity, human resources training and improving living conditions of people.
Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son attended a ceremony in Beijing on December 10 marking 25 years since the signing of the Vietnam-China Land Border Treaty and 15 years since the signing of three legal documents on the land border between the two countries.
Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son, and Politburo member, Director of the Office of the Communist Party of China (CPC) Central Committee’s Commission for Foreign Affairs and Minister of Foreign Affairs Wang Yi co-chaired the 16th meeting of the Vietnam-China Steering Committee for Bilateral Cooperation in Beijing on December 10.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
