Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Transport ministry urged to start construction of railway connecting with China next year
Prime Minister Pham Minh Chinh has requested the Ministry of Transport to commence the construction of the Lao Cai - Ha Noi - Hai Phong railway linking with China's Yunnan province.
 |
| Prime Minister Pham Minh Chinh (standing ) presides over the Cabinet meeting, Ha Noi, November 9, 2024 - Photo: VGP |
Pham made the request at the Cabinet meeting held in Ha Noi on Sunday.
The railway line, stretching more than 417 kilometers through nine cities and provinces, namely Lao Cai, Yen Bai, Phu Tho, Vinh Phuc, Ha Noi, Bac Ninh, Hung Yen, Hai Duong and Hai Phong.
There will be 36 stations along the line, with Lao Cai serving as a departure station and international interchange.
The Ministry of Transport is currently preparing the pre-feasibility report for the project with an estimated investment of US$11 billion.
On November 6, at a meeting between Prime Minister Pham Minh Chinh and Chairman of the China Railway Construction Corporation (CRCC) Dai Hegen, the Vietnamese Government leader noted the project will serve as a vital railway link between Viet Nam and China, advancing the Belt and Road Initiative.
"This project will also provide Yunnan with faster access to the sea while supporting socio-economic development and poverty alleviation in Viet Nam's northern border provinces," Pham added.
In addition to the Lao Cai-Ha Noi-Hai Phong line, Pham suggested CRCC explore the possibility of participating in other major infrastructure projects in Viet Nam, such as the Ha Noi-Lang Son railway, the Mong Cai-Ha Long-Hai Phong railway, the North-South high-speed railway, and expressway projects linking border provinces with China./.
Bài liên quan
Dành cho bạn
Đọc thêm
Lynas secures Vietnam metal processing deal with LS Eco Energy
Australian rare-earths miner Lynas has signed a framework agreement with LS Eco Energy to produce rare earth metals at a new facility in Vietnam.
Vietnam and EU seek to strengthen ties in transport infrastructure and urban development
Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Warburg Pincus eyes participation in Vietnam International Finance Centre
Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Novatek eyes expanded LNG cooperation in Vietnam
As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam
The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties
The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary
Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
