Space Travel News
TRADE WARS
Vietnam, China to expand rail links, cross-border payments
Vietnam, China to expand rail links, cross-border payments
by AFP Staff Writers
Hanoi (AFP) Oct 13, 2024

Vietnam and China signed 10 agreements on Sunday, including on expanding cross-border railway links, payments and economic cooperation.

The signings followed a meeting between Vietnamese Prime Minister Pham Minh Chinh and visiting Chinese Premier Li Qiang.

They agreed to work on a technical plan for a rail link between Lao Cai in northern Vietnam and Hekou in China's Yunnan province.

The two sides also signed a memorandum of understanding (MoU) on the implementation of cross-border payment services via QR codes and an agreement to study a model for an "economic cooperation zone" across their border.

China is Vietnam's biggest trade partner, but the two countries share historic tensions -- including in the South China Sea, a waterway through which trillions of dollars of trade pass each year.

Vietnam's top leader To Lam and Li agreed on Saturday to boost defence and economic cooperation, Vietnamese state media reported.

The two agreed to "maintain regular high-level exchanges and cooperation in defence, security, and foreign affairs... expanding the implementation of new mechanisms", the Nhan Dan newspaper said.

Vietnam would facilitate more high-tech Chinese investment in the country and Beijing would strengthen market access for Vietnamese agricultural products, the newspaper said.

Tensions have flared recently between the two nations over territorial claims in the South China Sea.

China has for years sought to expand its presence in contested areas of the sea, brushing aside an international ruling that its claim to most of the waterway has no legal basis.

Hanoi protested last week what it said was a "brutal" attack by Chinese vessels on Vietnamese fishermen in a disputed area of the sea.

At Saturday's meeting Vietnam's Lam "urged both parties to... better manage and resolve differences" in maritime issues, the Nhan Dan newspaper said.

Lam took office in early August as general secretary following the death of his predecessor, Nguyen Phu Trong.

He later met Chinese President Xi Jinping in Beijing during his first overseas trip.

Related Links
Global Trade News

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TRADE WARS
EU must tackle China, US threats without being protectionist: Draghi
Brussels, Belgium (AFP) Sept 30, 2024
The European Union must defend itself against the challenges from China and the United States without resorting to protectionism, former Italian prime minister Mario Draghi said Monday. Draghi, also the former head of the European Central Bank, delivered the strong message just weeks after warning in a much-anticipated report that Europe faced "existential" challenges. EU chief Ursula von der Leyen last year asked Draghi to report back on how the 27-country bloc could boost its competitiveness a ... read more

TRADE WARS
TRADE WARS
Crew completes simulated Mars Mission at JSC

Mars' missing atmosphere could be hiding in plain sight

Martian rocks shed light on planet's ancient climate

A Striped Surprise

TRADE WARS
Unveiling charging and particle behavior of Chang'e-5 Lunar samples in electric field

Europe en route for Moon with new simulator, says astronaut Pesquet

Chinese scientists analyze Lunar Farside samples collected by Chang'e-6

Sentinel-2C satellite captures detailed lunar image during calibration

TRADE WARS
Technicians prep Europa Clipper for propellant loading

Volcanoes may help reveal interior heat on Jupiter moon

JunoCam identifies new volcanic feature on Io

Mystery of Trans-Neptunian Orbits Solved by Stellar Flyby

TRADE WARS
Exoplanet map reveals Neptunian Ridge separating planetary regions

This rocky planet around a white dwarf resembles Earth - 8 billion years from now

Astronomers catch a glimpse of a uniquely inflated and asymmetric exoplanet

Lab Findings Suggest Some Indicators of Life on Exoplanets May Be Misleading

TRADE WARS
Vulcan rocket awaits Florida launch for certification test

Crew-9 Successfully Launched, Now En Route to ISS

Veteran Ventures Capital invests in Agile Space Industries

China launches eight satellites using Smart Dragon 3 rocket

TRADE WARS
Xi emphasizes China's drive to lead in space exploration

China launches Yaogan 43B remote-sensing satellites from Xichang

Shenzhou-18 Crew Tests Fire Alarms and Conducts Medical Procedures in Space

Astronauts on Tiangong Space Station Complete Fire Safety Drill

TRADE WARS
Asteroid Ceres is a former ocean world that slowly formed into a giant, murky icy orb

Asteroid Ryugu's formation region may be closer than previously thought

OSIRIS-REx, 1 year later

Hera mission to unlock the secrets of Dimorphos asteroid

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.