Vietnam SuperPort™ advances rail logistics infrastructure with strategic partnerships

Vietnam SuperPort™ has entered into a strategic memorandum of cooperation with the Transport Development and Strategy Institute (under Vietnam’s Ministry of Transport) and China Railway 16th Bureau Group Vietnam Co., Ltd. (a subsidiary of China Railway Construction Corporation) to advance rail logistics infrastructure. This agreement underscores Vietnam’s commitment to enhancing its logistics capabilities and fostering stronger trade ties within the region.

The signing ceremony was attended by H.E. Jaya Ratnam, Singapore’s Ambassador to Vietnam, and Dr. Robert Yap, Executive Chairman of YCH Group. The event marked a significant milestone in Vietnam’s efforts to boost its transportation, logistics, and trade sectors while strengthening international cooperation and contributing to sustainable economic development.

The memorandum of understanding (MoU) between Vietnam SuperPort™ and the Transport Development and Strategy Institute focuses on implementing a national railway network development strategy. This includes planning new railway lines and terminals connected to Vietnam SuperPort™, aiming to improve the efficiency of goods transportation and establish the port as a central transshipment hub along the Lao Cai – Hanoi – Hai Phong – Quang Ninh railway corridor. The initiative is designed to lower logistics costs and facilitate seamless cross-border trade.

Separately, Vietnam SuperPort™ has also signed an MoU with China Railway 16th Bureau Group Vietnam Co., Ltd., which will focus on constructing a rail cargo terminal at the SuperPort and developing a railway link to Vietnam’s national network. This partnership aims to enhance cross-border logistics and accelerate connectivity between Vietnam, China, and the ASEAN region. Vietnam SuperPort™ will offer integrated logistics solutions, including cargo handling, warehouse management, and multimodal transportation, to improve the efficiency and competitiveness of rail logistics.

Dr. Yap Kwong Weng, CEO of Vietnam SuperPort™, highlighted the importance of these partnerships in achieving the vision of a multimodal logistics hub. Covering an area of 83 hectares, the project will integrate road, air, sea, and rail transport. “Developing logistics in tandem with new transportation infrastructure, especially the rail masterplans, will strengthen Vietnam’s logistics capabilities and deepen its integration into global supply chains,” Dr. Yap stated.

Ms. Nguyen Thi Phuong Hien, Deputy Director of the Transport Development and Strategy Institute, expressed optimism about the collaboration. She noted, “Vietnam SuperPort™ is a major logistics infrastructure developer with a forward-looking vision, fostering regional supply chain connectivity while aligning with sustainable development goals. Its commitment to achieving net-zero emissions by 2040 resonates with the Ministry of Transport’s roadmap for a green and sustainable transport system. This partnership is a vital step towards advancing infrastructure development, supporting the logistics industry’s growth, and strengthening trade relations in the region.”

These collaborations represent a significant advancement in Vietnam’s logistics and transportation sectors. By combining the expertise of all involved parties, the project aims to position Vietnam as a critical player in regional and global supply chains, contributing to its economic development and competitiveness.

About Vietnam SuperPort™
Vietnam SuperPort™ is an 83-hectare multimodal logistics port in Vinh Phuc province, established as a joint venture between T&T Group and Singapore’s YCH Group. It aims to lower logistics costs, enhance Vietnam’s global supply chain integration, and strengthen its position in international trade. As Southeast Asia’s first net-zero multimodal logistics port, Vietnam SuperPort™ incorporates sustainable practices, clean energy, and advanced technologies.

About the Transport Development and Strategy Institute
The Transport Development and Strategy Institute is a research and advisory body under Vietnam’s Ministry of Transport. It specializes in strategic planning, policy development, and solutions to enhance transport efficiency, promote sustainability, and ensure safety within Vietnam’s transportation systems.

About China Railway 16th Bureau Group Vietnam Co., Ltd.
China Railway 16th Bureau Group Vietnam Co., Ltd. is a subsidiary of China Railway 16th Bureau Group Co., Ltd., part of the China Railway Construction Corporation (CRCC), a Fortune 500 company. Established in Hanoi in 2015, it provides services in railway and highway construction, industrial and civil engineering, design, consulting, and goods import/export.