Vietnam’s National Assembly has given the green light to a major railway project connecting Lao Cai, Hanoi, and Hai Phong, according to local media reports on Wednesday.
The new railway line aims to enhance connectivity between the northern region’s key cities, boosting trade and tourism. Lao Cai, bordering China, is a crucial gateway for cross-border trade, while Hanoi is the nation’s capital, and Hai Phong serves as a significant port city.
By modernizing the rail infrastructure, Vietnam hopes to facilitate faster and more efficient transportation of goods and passengers across the region. The project is expected to contribute significantly to economic growth and regional development.
No specific details on the project’s timeline or investment figures were disclosed. However, the approval marks a significant step towards improving Vietnam’s transportation network.
Reference(s):
Vietnam approves Lao Cai-Hanoi-Hai Phong railway project investment
cgtn.com