PM proposes enhancing railway development cooperation with China

Prime Minister Pham Minh Chinh has proposed Vietnam and China to promote the quality and effectiveness of cooperation, particularly in railway development with priority given to credit arrangements, technology transfer, and workforce training.

He made the suggestion during a meeting with visiting General Secretary of the Communist Party of China (CPC) Central Committee and President of China Xi Jinping in Hanoi on April 14.

PM Chinh proposed the early signing of an Official Development Assistance (ODA) loan agreement to commence construction of the Lao Cai-Hanoi-Hai Phong railway in 2025, alongside advancing other key routes such as Dong Dang-Hanoi and Mong Cai-Ha Long-Hai Phong.

He also called for balanced and sustainable trade growth, urging China to facilitate greater market access for Vietnamese agricultural products and other goods.

PM Chinh called for an accelerated partnership in developing new productive forces, with a primary focus on sci-tech, innovation, and digital transformation.

For his part, the top Chinese leader suggested the two sides to seize development opportunities in science and technology, leverage the geographical proximity between the two countries to tap into economic cooperation potential, and actively promote railway cooperation mechanism.

He affirmed that China is willing to expand the import of Vietnamese agricultural products and encourage Chinese enterprises to increase high-quality investment in Vietnam.