Paris (VNA) – Vietnamese Ambassador to France Trinh Duc Hai held a working session on March 23 in Paris with Diego Diaz, President of SNCF International under the French National Railway Company (SNCF), to discuss cooperation opportunities in the railway sector, particularly the development of high-speed rail in Vietnam.
At the meeting, Hai affirmed that the Vietnam–France Comprehensive Strategic Partnership continues to develop strongly, with economic cooperation expanding in both scope and depth. Railway development has been identified as a key priority area of cooperation.
He also highlighted recent high-level exchanges, including Prime Minister Pham Minh Chinh’s working visit to SNCF in June 2025 and French Minister of Transport Philippe Tabarot’s visit to Vietnam in March 2025, which have helped advance bilateral cooperation, especially in transport infrastructure.
Diaz shared SNCF’s more than 40 years of experience in operating the TGV high-speed rail system, one of the world’s most successful models. The SNCF representative reaffirmed the company’s readiness to support Vietnam through strategic consultancy, human resources training and technology transfer, while sharing practical lessons in planning, operation and management of modern railway systems.
Both sides held in-depth discussions on high-speed rail development models, emphasising the importance of a phased approach to ensure economic and financial efficiency as well as long-term sustainability. International experience, particularly from France and Morocco, shows that implementing projects in initial sections can help optimise national resources over time and minimise risks.
Hai spoke highly of France’s strengths in railway technology, especially the TGV (Transmission Voie-Machine) system, known for its high safety standards, operational efficiency and environmental friendliness, which aligns with Vietnam’s green transition orientation. He expressed hope for stronger cooperation with SNCF in areas such as workforce training, network development consultancy and management experience sharing.
The ambassador also commended French-supported cooperation projects in Vietnam, particularly programmes involving the French Development Agency (AFD) and SNCF, including strategic technical assistance for the transport sector, the Nhon – Hanoi Station metro line project, and studies on expanding urban railway networks. These initiatives demonstrate France’s commitment to accompanying Vietnam in building a modern, sustainable and multimodal transport infrastructure connecting aviation, rail and maritime systems. Close cooperation will help Vietnam accelerate development and establish a modern, safe and low-emission backbone transport network.
The two sides agreed to continue effectively implementing cooperation agreements focusing on technology transfer, financial support, human resources training and experience sharing. They also pledged to strengthen exchanges in key areas such as workforce development, network planning consultancy, system governance and operations, new technology development, and the establishment of technical standards for the railway sector./.
See more
Effective measures essential to maintain momentum in export growth
The Ministry of Industry and Trade is determined to maintain export growth of 15–16% while sustaining a trade surplus of around 23 billion USD to make a significant contribution to achieving double-digit GDP growth in 2026 and beyond.
Banks step up presence at Vietnam’s international financial centre
The Vietnam International Financial Centre (VIFC) is seen as a major capital hub where banks act as modern financial intermediaries, facilitating efficient capital flows and improving resource allocation.
Vietnam launches drive to boost private sector, reform state enterprises
The country aims to have nearly 2 million operating enterprises, equivalent to 20 businesses per 1,000 people, including at least 20 large corporations engaging in global value chains.
Reference exchange rate continues to go up
The State Bank of Vietnam set the daily reference exchange rate at 25,109 VND/USD on March 24, up 19 VND from the previous session.
Vietnam, India step up cooperation in electronics, IT
Opening the forum, Vietnamese Ambassador to India Nguyen Thanh Hai said both Vietnam and India are entering new development phases driven by innovation, digital transformation, and deeper integration into global value chains. He highlighted Vietnam’s goal of becoming a developed, high-income country by 2045 and India’s Viksit Bharat 2047 vision, noting strong alignment between the two countries’ strategies.
Vietnam diversifies supply sources to meet domestic fuel demand
Since the Middle East conflict disrupted crude and refined fuel supply chains, Petrovietnam has swiftly activated a range of response measures while moving decisively to implement the Government’s Resolution 36/NQ-CP dated March 6, 2026 to secure energy supply for the market.
Foreign investment in Phu Tho surges more than sevenfold in Q1
Phu Tho has renewed its investment promotion approach, expanding activities both at home and abroad to diversify partners and markets. It has also strengthened on-the-spot promotion, providing comprehensive support for investors from project preparation to implementation to ensure early and efficient operation.
International sourcing expo to open new supply chain links for Vietnam’s seafood sector
More than a conventional trade fair, the upcoming event is designed as a global supply chain transaction hub, where hundreds of international buyer delegations are expected to visit Vietnam to source suppliers across multiple industries, with seafood identified as a priority sector.
Logistics pressures drive urgent restructuring of agricultural value chains
In an official dispatch on measures to boost exports in 2026 issued recently, Prime Minister Pham Minh Chinh stressed the requirement to develop and upgrade transport infrastructure, warehousing systems, deep-water seaports, and logistics centres to meet the demand of goods import-export. He also called for strengthening the capacity and market share of Vietnamese shipping firms in international cargo transport.
Digital tools power Vietnam’s shift toward smarter fisheries
The Ministry of Agriculture and Environment has coordinated with relevant ministries, agencies and localities to finalise integrated fisheries data systems, including licensing and registration through the national fisheries database (Vnfishbase), electronic fishing logbooks (elogbook), eCDT, VMS, and digital platforms for handling administrative violations in the fisheries sector.
Can Tho to host 2026 rice export promotion conference on March 24
The the 2026 rice export promotion conference in Can Tho city is conceived as a key platform where management agencies, industry associations, overseas trade offices, and the business community can speak plainly about the state of the market, confront on-the-ground challenges, and sketch remedies for obstacles that impede smoother, more profitable exports.
Vietnam Women’s Union, Unilever Vietnam benefit over 100,000 women
In the 2022-2025 period, the collaboration between the Vietnam Women's Union and Unilever Vietnam established itself as a flagship public - private partnership empowering more than 100,000 Vietnamese women, particularly those in rural and underserved areas, by enhancing economic opportunities, improving health, and raising overall quality of life.
Vietnam Int’l Travel Mart 2026 to feature 450 booths
VITM 2026 is expected to attract participants from 15 countries and territories and 34 localities nationwide to promote destinations, introduce products and seek cooperation opportunities. The fair is projected to draw about 80,000 visitors, creating a vibrant platform for promotion and market stimulation.
Vingroup, ACV partner to promote green transition at airports
Vingroup and ACV plan to roll out clean energy solutions and advanced power supply models tailored to airport operations and affiliated units. Priority will also be given to developing infrastructure for electric vehicles, including charging networks and related support services.
Sun Group, Marriott International enter strategic partnership
The collaboration portfolio adds 8 brands across diverse segments and operating models, including W Hotels, Marriott Hotels, Westin, Le Méridien, Courtyard by Marriott, Fairfield, Moxy Hotels, and Four Points by Sheraton; among which W Hotels and Moxy Hotels are making their debut in Vietnam.
Measures needed to balance budget amid recovery, growth requirements
Economists caution that an expansionary fiscal policy must be applied prudently as prolonged or broad tax and fee cuts could increase budget deficits and public debt risks.
Urgent measures ramped up to stabilise market amid rising costs
Authorities are urgently rolling out measures to stabilise the market as surging input costs place unprecedented pressure on the retail market, with suppliers pushing for price hikes and supermarket systems striving to keep prices in check.
Petrolimex to replace mineral petrol with biofuel ahead of schedule
Petrolimex estimates that replacing the entire mineral petrol with E10RON95 could cut its monthly mineral fuel consumption by nearly 10%, equivalent to 35,000–40,000 cu.m.
Ho Chi Minh City labour market gains renewed momentum
Nearly 1,000 companies operating both within and outside export processing zones and industrial parks have registered to recruit, offering more than 36,800 job opportunities.
Vietnam seeks to promote green investment, credit for sustainable agriculture
The report draws on a survey of 97 enterprises and cooperatives operating in agricultural value chains, alongside 15 in-depth interviews with experts and relevant stakeholders. It aims to assess the current state of environmental, social and governance (ESG) practices, as well as access to sustainable finance among small- and medium-sized actors in the sector.