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VIETNAM PLANS $7.2 BILLION RAILWAY LINK WITH CHINA

Mario Nawfal

@MarioNawfal
🚨🇻🇳 VIETNAM PLANS $7.2 BILLION RAILWAY LINK WITH CHINA

Vietnam estimates the cost of a new 427-km railway connecting its Lao Cai province to China’s Yunnan province at 179 trillion dong ($7.2 billion).

The railway will run through Hanoi, Haiphong, and Ha Long City. Vietnam is working to modernize its aging railway system and strengthen trade with China, its largest trading partner.

The Vietnam Railway Authority has submitted the plan for approval, with construction expected to start in 2030.

Source: Reuters
Media source: SCMP