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NA greenlights investment policy of Lao Cai – Hanoi – Hai Phong rail project
Politics-Diplomacy

NA greenlights investment policy of Lao Cai – Hanoi – Hai Phong rail project

According to the resolution, the construction of a modern and harmonious railway aims to meet the transport demand between Vietnam and China. The initiative is expected to serve as a catalyst for rapid and sustainable economic development along the Lao Cai-Hanoi-Hai Phong economic corridor while strengthening national defence and security and promoting the industrialisation and modernisation, contributing to delivering on the targets and missions set at the documents of the 13th National Party Congress and the Party’s resolutions.