The China Vietnam high speed railway was officially opened, why is Vietnam looking forward to it so

Mondo Finance Updated on 2024-01-31

Sino-VietnameseHigh-speed rail asSino-VietnameseMajor cooperation projects between the two countries will be on VietnamEconomyDevelopment has far-reaching implications. In this article, we will explain why Vietnam is looking forward to itSino-VietnameseThe high-speed rail was opened to trafficThe reason for and ** what this means for Vietnam as well as for itSino-VietnameseThe impact of relations between the two countries.

1. The influence of Chinese standards in Southeast Asian countries

In fact, almost all countries in Southeast Asia use railwaysChinese standards。This makes Myanmar, Laos, Cambodia, Thailand, Malaysia and even archipelago countries such as IndonesiaEconomyIt has been greatly developed. However, Vietnam is among the countries of Southeast AsiaEconomyThe pace of development is relatively slow, and there is a certain jealousy about this.

2. Analysis of specific reasons

Vietnam has long been hostile to China, largely due to their attitude towards ChinaMilitaryThe jealousy of strength. To avoid our country'sMilitaryadvantage, they adopted the strategy of engaging in the clearing of the wall in northern Vietnam, suppressedEconomyDevelop. However, in the long term inhibitionEconomythe case of Vietnamdomestic economyAs things worsened and people began to deteriorate, the Vietnamese realized that there was nothing to be gained in maintaining a hostile posture with China.

3. The importance of improving the domestic economy

To ensure the stability of the country, Vietnam** must improvedomestic economyState. Vietnam recognizes that ChinaEconomyNo longer the hegemonic country it used to be, China is willing to support its neighbors, including Vietnam. Vietnam improvesEconomyThe situation is the only option, and it is also to avoid the possibility of Chinese pressure on Vietnam or even civil unrest.

1. Join China's Indochina Peninsula railway transportation system

Sino-VietnameseThe opening of the high-speed railway will enable Vietnam to join China's Indochina Peninsula railway transportation systemSino-VietnameseRailcars on the same track. This will further strengthen Vietnam's connectivity with China in terms of transportation for VietnamEconomyDevelopment facilitation and laying the foundation for Vietnam's future cooperation with other countries.

2. Undertake China's labor-intensive industries

Vietnam has low labor and raw material costs, making it an ideal location for China's downstream industries. However, due to the lack of advanced railways andPortsfacilities, Vietnam's transportation costs are high, making it difficult to compete with China. Sino-VietnameseThe completion of the high-speed rail will reduce transportation costs, make Vietnam more attractive, attract more foreign companies to build factories in Vietnam, and promote the development of labor-intensive industries in Vietnam.

3. Part of building a global economic system

With China inEconomy, diplomacy andMilitaryAs more and more countries begin to recognize China's true intentions and China's willingness to build a world that rises peacefully. Vietnam decided to cooperate with China in constructionSino-VietnameseHigh-speed rail, also for the world in ChinaEconomyOccupy a place in the system and get more development opportunities from it.

1. Promote bilateral cooperation and cooperation

Sino-VietnameseThe opening of high-speed rail will greatly facilitateSino-Vietnamese** and cooperation between the two countries. As a country with abundant labor, Vietnam will connect the Chinese market through high-speed rail, stimulate the growth of the two countries' largest quota, and deepen cooperation between the two countries in the fields of economy, trade, culture and education.

2. Promote personnel exchanges and tourism development

Sino-VietnameseThe operation of the high-speed rail will facilitate the movement of people and promote the exchange of people between the two countries. In addition, the completion of the high-speed railway will also provide strong support for the development of Vietnam's tourism industry, attract more Chinese tourists to Vietnam, and promote cooperation and exchanges between the two countries in the field of tourism.

3. Strengthen strategic cooperation between the two countries

Sino-VietnameseThe construction and operation of high-speed rail will be further strengthenedSino-VietnameseCooperation between the two countries at the strategic level has strengthened mutual trust and friendly relations between the two sides. By jointly participating in the construction of the high-speed rail project,Sino-VietnameseThe two countries will have more opportunities for high-level cooperation to jointly address global and regional challenges.

Sino-VietnameseThe official opening of the high-speed rail to VietnamEconomyDevelopment andSino-VietnameseRelations between the two countries have had a positive impact. Vietnam realized that only by keeping up with China could it not be abandoned in Southeast Asia. Improvementsdomestic economysituation, strengthening cooperation with China has become a top priority for Vietnam. Sino-VietnameseThe construction of the high-speed railway has become an important measure to achieve this goal, which will further strengthen exchanges and cooperation between the two countries, enhance Vietnam's regional status, and promote the continuous deepening of relations between the two countries. For China,Sino-VietnameseHigh-speed rail will also strengthen China's influence in Southeast Asia, promotingSino-VietnameseCooperation between the two countries to achieve the goal of common development. Eventually,Sino-VietnameseThe opening of the high-speed rail isSino-VietnameseThe results of the joint efforts of the two countries are also a positive contribution to the realization of regional peace and prosperity.

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