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Vietnam raises GDP growth target to at least 8%, approves China rail link

Vietnam's parliament approved an US$8 billion rail link to boost trade with China.
Lawmakers set a new GDP growth target for 2025 at a minimum of 8%, up from the previous goal of 6.5% to 7.0%.
The rail project is part of Vietnam's 'Two Corridors, One Belt' initiative, linked to China's Belt and Road global infrastructure program.
The project is expected to cost $8.3 billion, with partial funding from loans by the Chinese government.

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The Diplomat

Vietnam’s National Assembly Approves $8B Rail Link to China

The project is expected to reinforce the already strong economic linkages between northern Vietnam and southern China.

27 days ago·Tokyo, Japan

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The Standard

Vietnam approves rail link to China costing US$8b

Vietnam's parliament approved plans yesterday for an US$8 billion (HK$62.4 billion) rail link from its largest northern port city to the border with China, boosting links between the two communist-ruled countries and making trade easier. The new rail line will run through some of Vietnam's key...

29 days ago

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Hong Kong Free Press

Vietnam parliament approves US$8 billion rail link to China, boosting links between 2 communist-ruled countries

By Alice Philipson and Lam NguyenVietnam‘s parliament approved plans on Wednesday for an US$8 billion rail link from its largest northern port city to the border with China, boosting links between the two communist-ruled countries and making trade easier.This photo taken on February 13, 2025, shows a railway worker guiding a train in Hanoi. Vietnam said on February 19 that it will build a US$8 billion rail link from its largest northern port cit…

29 days ago·Hong Kong, Hong Kong

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Inquirer

+5 Reposted by 5 other sources

Vietnam parliament approves $8 billion rail link to China

Vietnam's parliament on Wednesday (Feb 19) approved plans for an US$8 billion rail link from its largest northern port city to the border with China, boosting links between the two communist-ruled countries and making trade easier.

29 days ago·Manila, Philippines

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VOA News

Vietnam raises GDP growth target to at least 8%, approves China rail link

HANOI, VIETNAM — Vietnam's National Assembly on Wednesday approved raising the economic growth target for this year and also voted in favor of major infrastructure projects, including the country's first nuclear power plants and a rail link to China. Lawmakers approved a new growth target for 2025 of at least 8% proposed by the government, an increase from the previous goal of 6.5% to 7.0%. "With faster economic growth, macro stability must stil…

29 days ago·United States

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Anadolu Ajansı

Vietnam approves over $8B rail link project to connect with China

Main route will be 391 kilometers long, with 28 kilometers of branch lines connecting port city Haiphong to Lao Cai, mountainous city bordering China's Yunnan province - Anadolu Ajansı

29 days ago·Ankara, Türkiye

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