This year is deemed essential for Haiphong to ramp up efforts towards successful implementation of goals set in the 16th Haiphong Party Congress Resolution for the 2020-2025 tenure.
One of the lines is planned to run from Vietnam’s port cities of Haiphong and Quang Ninh to the border with China’s Yunnan province. The other would run from Hanoi to near Guangxi.
As geopolitical changes increase the cost and stress of doing business from home, Chinese companies are finding alternative locations for production, particularly in Southeast Asian countries like Vietnam.