Hanoi, Feb. 19 -- The 15th National Assembly adopted a resolution on the investment policy of the Lao Cai - Hanoi - Hai Phong railway project, with 455 out of 159 participating deputies voting in favour, at the 9th extraordinary session in Hanoi on February 19.

According to the resolution, the construction of a modern and harmonious railway aims to meet the transport demand between Vietnam and China. The initiative is expected to serve as a catalyst for rapid and sustainable economic development along the Lao Cai-Hanoi-Hai Phong economic corridor while strengthening national defence and security and promoting the industrialisation and modernisation, contributing to delivering on the targets and missions set at the documents of the 13th N...