Vietnam estimates China rail link will cost $7.2bnListen to this articleVietnamese people exercise at Lenin Park in Hanoi on June 16, 2024. (Photo: Reuters)HANOI: Vietnam has estimated the cost of building a new railway linking it with China's Yunnan province at 179 trillion dong ($7.2 billion), state media reported on Wednesday. The 427-kilometre railway would run from the border province of Lao Cai through the capital Hanoi and port city of Haiphong to Ha Long City, the official Vietnam News Agency reported. Vietnam has been seeking to upgrade its aging railway systems, including plans to build a high-speed railway running along the length of the country and lines linking with China, its largest trading partner. Vietnam Railway Authority has submitted the plan to build the Lao Cai-Ha Long railway to the transport ministry for review and approval, the report said.

Source: Bangkok Post October 17, 2024 15:00 UTC