Viet Nam, China to expand rail links, cross-border payments

Viet Nam and China signed ten agreements on Sunday, aimed at strengthening bilateral ties, including expanding cross-border railway links. The agreements were made during a meeting between Vietnamese Prime Minister Pham Minh Chinh and Chinese Premier Li Qiang.

A key initiative involves developing a rail link between Lao Cai in Vietnam and Hekou in China’s Yunnan province. They also signed a memorandum of understanding for cross-border payment services using QR codes. Additionally, both sides agreed to explore an "economic cooperation zone" along their border.