The Vietnamese official welcomed leading Chinese corporations and businesses to explore opportunities for investment and business cooperation in Vietnam through major projects that exemplify China's technological advancement and align with Vietnam's demands.

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Deputy Prime Minister Tran Hong Ha (right) receives General Director of Pacific Construction Group of China Wo Jing

Cooperation projects will contribute to implementing the directives of high-ranking leaders of the two countries in strengthening and developing the comprehensive strategic cooperative partnership in a more substantive and effective manner, he said.

Ha stressed that the two governments are highly interested in developing strategic transport infrastructure projects connecting Vietnam and China, especially railway connectivity; and promoting the construction of standard-gauge cross-border railway routes such as the Lao Cai – Hanoi – Hai Phong, Dong Dang – Hanoi, and Mong Cai – Ha Long – Hai Phong routes.

These projects hold great importance for both economies’ development, as well as for connecting Vietnam and China with other countries in the region under the "Belt and Road" initiative, fostering the building of the Vietnam-China Community with a shared future, he stated.

He suggested the Chinese firm select suitable Vietnamese partners to work on designing, constructing, technology transferring, and training workforce serving the implementation of investment projects.

The group's projects must embody modernity, sustainability, and align with trends in green transformation and digital transformation, Ha said, adding that the Chinese company can share its experiences as well as mechanisms and policies for investing and managing public-private partnerships (PPP) investment projects in China.

For her part, Wo said the group has been directly involved in more than 1,000 projects, including investment, construction, and management of infrastructure and industrial zone projects.

It signed a Memorandum of Understanding with the Hanoi People's Committee regarding investment and infrastructure development over the next five years; and partnered with Vinaconex to sign a cooperation agreement with the Hanoi Department of Transportation to construct Tu Lien bridge, highway sections, and the Hanoi urban railway project (Line 5), she noted

In Vietnam, the Pacific Construction Group not only focuses on investment projects but also places great emphasis on research, technology transfer, and training human resources, Wo said.

Source: VNA