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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
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Ho Chi Minh City
Friday, May 23, 2025

Chinese firms keen on high-speed rail, energy projects in Vietnam

The Saigon Times

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HCMC – Chinese businesses have shown interest in Vietnam’s infrastructure and energy sectors, particularly in the high-speed rail line connecting the country’s north and south with a maximum speed of 350 km per hour.

Speaking at the Vietnam-China Business Forum on October 13, Chinese Premier Li Qiang highlighted opportunities for collaboration in high-speed rail, renewable energy, and urban infrastructure.

Chinese companies expressed a willingness to participate in Vietnam’s North-South high-speed rail project and urban rail systems that could strengthen connectivity between the two countries.

“China’s expertise in renewable energy, including wind and solar power, could support Vietnam’s energy transition,” Li said. He also pointed to electric vehicle production as another key area for potential cooperation.

Vietnamese Prime Minister Pham Minh Chinh acknowledged that Chinese investment in Vietnam had not yet reached its full potential. He called for stronger business ties to enhance economic cooperation between the two nations.

Both sides agreed to explore further opportunities in areas such as smart city development, data centers, and e-commerce, aiming to foster sustainable growth.

Vietnamese businesses also urged both governments to provide more support in facilitating financial and technological collaboration, particularly in key infrastructure projects.

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