Hanoi seeks Japan’s loans for metropolis railway projects

Hanoi’s leaders had a working session with visiting Japanese Minister of Economy, Trade and Industry (METI) Hiroshige Seko on September 14.
Hanoi seeks Japan’s loans for metropolis railway projects ảnh 1Secretary of the Hanoi Party Committee Hoang Trung Hai (R) presents a gift to Japanese Minister of Economy, Trade and Industry Hiroshige Seko at their meeting on September 14 (Photo: kinhtedothi.vn)

Hanoi(VNA) - Hanoi’s leaders had a working session with visiting Japanese Ministerof Economy, Trade and Industry (METI) Hiroshige Seko on September 14.

Hoang Trung Hai,Politburo member and Secretary of the Hanoi Party Committee, expressed hisdelight to see the thriving and close-knit relations between the two countriesand between Japan and Hanoi.

Currently, Hanoi has32 projects using over 2.9 billion USD in ODA loaned from the JapaneseGovernment. Many large and small projects invested by Japanese investors havecontributed to creating changes in Hanoi, he said.

He informed guest that the city will launch 10 urban railway projects with anestimated investment of 40 billion USD, expecting to get Japanese loans for theeffort.

In addition to that,Hanoi is seeking support for the training of officials in charge of theseprojects, together with experience in carrying out Public Private Partnership(PPP) projects, Hai noted.

He expressed hishope that the visiting Minister will continue paying attention to stepping up thecomprehensive cooperation, especially in economics, trade and industry, betweenHanoi and Japan.

[Japan company helps Hanoi operate urban railway system]

The Japanese Minister noted that many cooperation agreements, including thosefor Hanoi, have been signed during recent visits of the two countries, and thathis visit looks to materialize these agreements.

He affirmed that theJapanese Government wishes to enhance cooperative ties with Vietnam and Hanoi,particularly in urban infrastructure, metropolis railways, culture, theenvironment and tourism, and more.

Nguyen Duc Chung, Chairman of the Hanoi People’s Committee, said Hanoi is growingrobustly in terms of urban areas and it needs a large amount of investment forthe construction of urban and railway infrastructure.

He expected thatJapan would speed up its lending of capital so the city can launch the NamThang Long-Tran Hung Dao metropolis railway No. 2, which faced a standstill foralmost four years. - VNA
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.