PM Proposes China's Businesses Participate in Infrastructure Development in Vietnam

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Vietnamese Prime Minister Pham Minh Chinh hosted separate receptions for leaders of some leading Chinese businesses operating in the field of infrastructure in Dalian city in China’s Liaoning province, as part of his trip to China to attend the 15th World Economic Forum (WEF) Annual Meeting of the New Champions and working sessions in the country from June 24 to 27, VNA reported.

Meeting Chairman of the Dalian Locomotive and Rolling Stock Co. Ltd. (CRRC) Sun Rongkun, PM Chinh called on the company to join in infrastructure development in Vietnam, especially large-scale projects and inter-regional and urban railways.

Briefing the PM on the operations of the state-owned enterprise which specializes in producing locomotives, urban rail vehicles, express trains, and new energy locomotives, Sun said its products have been exported to 32 countries, including Vietnam.

Vietnamese Prime Minister Pham Minh Chinh (right) and Chairman of the Dalian Locomotive and Rolling Stock Co. Ltd. (CRRC) Sun Rongkun at their meeting in Dalian city in China’s Liaoning province on June 24. Photo: VNA

CRRC wishes to continue providing railway products for Vietnam, and cooperate in the production of rail transport and new energy products in the country, he said.

In particular, CRRC wants to cooperate in inter-regional, inter-provincial, and urban railway projects in the Southeast Asian nation, especially urban railway lines in Hanoi and Ho Chi Minh City, he said.

Mentioning the Vietnam-China joint statement on continuing deepening and elevating the comprehensive strategic cooperative partnership and building a Vietnam-China community with a shared future that carries strategic significance, issued in December 2023, PM Chinh said the two sides agreed to promote standard-gauge railway connectivity across the shared border.

Vietnam is working to boost railway transport in the new situation, he said, calling on China, including CRRC, to support and cooperate with the country in the industry, step up science-technology transfer, develop human resources, and provide finance for the country in the effort.

The Vietnamese Government always creates favorable conditions for businesses, including those from China, to operate effectively and sustainably and in line with legal regulations in the country, the leader pledged.

Prime Minister Pham Minh Chinh (right) and Wang Xiaojun, Deputy General Manager of the Power Construction Corporation of China (PowerChina). Photo: VNA

At the meeting with Wang Xiaojun, Deputy General Manager of the Power Construction Corporation of China (PowerChina), PM Chinh suggested the business maintain and expand its cooperation and investment in Vietnam to the field of renewable energy, and infrastructure, particularly transport infrastructure.

According to Wang, PowerChina has operated in Vietnam in the sphere of energy since 2000 with many big projects, and it is interested in pumped storage hydropower projects, wind power projects in the northern region, integrated LNG projects, and infrastructure, particularly transport infrastructure in the Southeast Asian country.

Lauding impressive cooperation outcomes between the Chinese firm and its Vietnamese partners, PM Chinh said Vietnam is perfecting relevant institutions and expressed his hope that PowerChina will cooperate with the country in energy, especially renewable energy.

He also suggested the corporation join hands with Vietnamese partners to implement large-scale infrastructure projects in the country and transfer solutions, administration experience, cutting-edge technologies, and new economic models.

PM Pham Minh Chinh also hosted a reception on June 25 for Lou Qiliang, Chairman and Director General of China Railway Signal Information Corporation (CRSC).

PM Chinh (R) receives Lou Qiliang, Chairman and Director General of China Railway Signal Information Corporation (CRSC). Photo: VNA

Taking note of China’s strength in railway development, he said Vietnam wants to cooperate with China in this area. He specifically asked for assistance from China in designing, construction, and technology transfer of railway lines from China’s Yunnan to Vietnam’s Hai Phong city, from Lang Son to Hanoi, and from China’s Dongxing to Hai Phong via Mong Cai, which he said are important to Vietnam.

The PM also said Vietnam wants to step up urban railway development.

Lou said his company can provide quality products for Vietnam at competitive costs, as well as help train human resources and cooperate in research and development.

PM Chinh noted the personnel shortage in the railway sector in Vietnam and asked the Chinese group’s leadership to hold discussions with relevant Vietnamese ministries and agencies on specific cooperation contents, to accelerate cooperation projects, thus contributing to realizing the agreement reached by leaders of the two countries.

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