The routes are in line with the ongoing bilateral partnership in promoting the Belt and Road Initiative.
Some rail freight routes from the Chinese provinces of Sichuan and Anhui to the capital city of Hanoi, Vietnam were put into operation on the two days of April 15 and 16.
Vietnam and China start operating several rail freight routes in April. Photo: The Hanoi Times |
Spokesperson of the Ministry of Foreign Affairs Le Thi Thu Hang informed during a press conference held today [April 21].
“International rail freight is a safe and effective transportation mode with advantages in travel time and price, which would further contribute to trade cooperation between not only the two countries but also with others,” said Hang.
According to Hang, the routes are also in line with the ongoing bilateral partnership in promoting the Belt and Road Initiative.
Vietnam and China are major trading partners with each other. In 2021, bilateral trade turnover rose by 24.6% year-on-year to US$165.9 billion. During the first quarter of 2022, the figure rose by 10.6% year-on-year to $40.8 billion.
Other News
- Hanoi's foreign trade turnover hits US$60.1bn in 2024
- Vietnam confident of achieving 8% growth rate in 2025
- UK’s accession to CPTPP to benefit Vietnam’s exports in 2025
- Hanoi seeks greater efficiency in e-commerce tax management
- Hanoi's wet markets in decline amid changing consumer behaviors
- Heavy fines for unhygienic street vendors in Hanoi
Trending
-
Get it right! Reporting traffic violations is never a money maker
-
Vietnam news in brief - January 9
-
Vietnam confident of achieving 8% growth rate in 2025
-
Two Vietnamese cities in Asia's top five destinations for digital nomads
-
Prime Minister sets vision for Vietnamese football: Asian glory and World Cup dreams
-
Vietnam GDP expands by 7.09% in 2024
-
Hanoi celebrates New Year 2025 with art exhibitions
-
Hanoi Tourism: Paving the way for sustainable development
-
Vietnam releases Esports White Book 2022-2023