Opportunities are superb for expanded railway cooperation

International railway cooperation is entering a new phase, opening up new development opportunities and strengthening regional connectivity.

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Tran Hong Minh, Minister of Construction, shared with VIR's Minh Anh the international railway cooperation orientation and future opportunities.During the state visit of Party General Secretary and State President To Lam to Beijing recently, the message of giving top priority to railway cooperation was conveyed. What is the significance of this message?

The message was of significant importance, demonstrating the very high political determination of the top leaders of both countries in promoting a strategic and long-term area of cooperation, and is a new bright spot in the strategic cooperative relationship between the two countries.

Railway cooperation is one of the important pillars contributing to deepening the cooperative relationship between the two countries in a substantive and effective manner.

What specific benefits will railway cooperation bring in terms of economics, trade, infrastructure connectivity, and regional supply chains?

Railway cooperation will open up new development opportunities, facilitate trade and investment, promote economic links and people-to-people exchanges between countries; while contributing to strengthening infrastructure connectivity, connecting regional and international supply chains, and reducing transportation and logistics costs.

In particular, railway cooperation with China also contributes to the development of international intermodal freight transport by rail through the country and transit to third countries in Europe, Russia, Mongolia, Central Asia, and others.