VGP - The southern province of Dong Nai on March 16 received the first cargo train running from China’s Shandong Province.
Image:Viet Nam Government Portal
Addressing the ceremony at Trang Bom station, China's consul general in Ho Chi Minh City Wei Huaxiang said that the launch of cargo trains connecting the two localities is expected to bring about trade and investment opportunities between Viet Nam and China.
It is expected that by 2025 when Long Thanh international airport, the largest of its kind in Viet Nam, is scheduled to be put into operation, Dong Nai will have all five modes of transportation by road, air, rail, inland waterway and international maritime, helping to promote strong economic development in the locality.
Data from the General Department of Customs showed in 2022, China was Viet Nam's largest trading partner with a total two-way trade turnover of US$175.57 billion. Of the figure, Viet Nam's exports and imports from China hit US$57.7 billion and US$117.87 billion, respectively.
In the first two months of 2023, China was the biggest exporter of goods to Viet Nam with US$14.6 billion.
Source:Viet Nam Government Portal (www.zh.chinhphu.vn)
Key Words:#Vietnam, #China, #Trades, #Cargo, #Business Oppotunity, #Transportation