Hanoi: Prime Minister Pham Minh Chinh on September 29 chaired a meeting of the Government’s standing members to review the first session of the Vietnam – China Joint Committee on Railway Cooperation and the progress of key agreements, including the Lao Cai – Hanoi – Hai Phong railway project. Under the National Assembly’s resolution, the 419km railway line carries a total investment of more than 203 trillion VND (8.37 billion USD), with construction scheduled to start in 2025 and wrap up by 2030.
According to Vietnam News Agency, the joint committee’s session highlighted the importance of the railway project as a strategic infrastructure development to enhance connectivity and economic cooperation between Vietnam and China. The project is expected to facilitate trade and passenger travel between major urban centers, contributing significantly to regional economic growth.
The meeting chaired by the Prime Minister underscored the need for timely implementation of the agreements to ensure that the ambitious timeline is met. This includes addressing any potential challenges that may arise during the planning and construction phases. The government is reportedly committed to ensuring that all necessary resources and coordination are in place to support the project’s successful completion.