Việt Nam’s Prime Minister Phạm Minh Chính is on a four-day trip to China, during which he held talks with leading Chinese companies in infrastructure and energy fields. Prime Minister Chính is seeking increased Chinese investment in energy in ViệtNam, especially wind power, solarpower, LNG power, pump–storage hydropower and transport infrastructure developments.
He also urged CRCC to participation in other major infrastructure projects in Việt Nam such as Hà Nội – Lạng Sơn, Hải Phòng – Móng Cái (Quảng Ninh) railways as well as expressway projects connecting border provinces of Việt Nam with China and the North-South Expressway.
In response, CRCC Chairman Dai Hegen said that CRCC is interested in participating in railway, urban metro and other infrastructure projects in Việt Nam.
With regard to the railway project of Lào Cai – Hà Nội – Hải Phòng connected with Kunmming and Yunnan, he said that CRCC is working with Vietnamese partners on the project’s pre-feasibility study report, ready to participate in the project. He expected procedures to be simplified so that the project can be started in December 2025.
In discussions with China Huadian Corporation, PM Chính urged the corporation to increase investment cooperation with Việt Nam in clean energy and electricity distribution.
Việt Nam is an important market for Huadian with a total investment of US$2.8 billion so far, with Duyên Hải No 2 being a major investment project of Huadian in Việt Nam. Huadian’s wind power project in Đắk Lắk is the first onshore wind power project by the company outside of China.
Huadian is seeking to increase investments in Việt Nam in wind power, green hydro, power storage, upgrading the power system and energy efficiency. The Vietnamese Government is expected to soon issue policies for the development of green energy.
PM Chính is in China to attend the 8th Greater Mekong sub-region (GMS) Summit, the 10th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit, and the 11th Cambodia-Laos-Myanmar-Việt Nam (CLMV) Cooperation Summit.
Source: Việt Nam News, November 06, 2024.