Chinese Construction Firms Seek to Expand Infrastructure Investment in Vietnam
At November 12 talks with Vietnamese counterparts, Chinese construction firms expressed interest in railway, energy, port and industrial park projects. Vietnamese firms proposed cooperation on equipment localization, technology transfer and workforce training. The projects remain under discussion.
On the afternoon of November 12, the Vietnam Association of Construction Contractors met with the China International Contractors Association. Several Chinese construction firms said they hoped to work with Vietnamese companies on railway, energy, port and industrial park infrastructure projects. The talks focused on investment and cooperation intentions.
A representative of the China International Contractors Association speaks at its November 12 meeting with the Vietnam Association of Construction Contractors.（VietVance）
A representative of PowerChina said the group hoped to expand cooperation in Vietnam’s energy and infrastructure sectors. The group recently joined the general contractor consortium for the Dầu Tiếng 5 solar power plant, an investment of more than VND 7.7 trillion, and is participating in the first phase of Phú Quốc’s urban railway project. Operating in Vietnam since 2000, it has taken part in more than 70 projects, mainly as a contractor, with a total contract value of about $9 billion.
China Communications Construction Company (CCCC) proposed participating in the Lào Cai–Hà Nội–Hải Phòng railway and associated ports and logistics facilities. It is also interested in urban infrastructure, green energy and equipment for industrial parks. A company representative said that, if investment opportunities arise, CCCC hopes to gradually bring production operations to Vietnam and establish a local supply chain. Other Chinese companies at the meeting also proposed closer cooperation on infrastructure, energy and industrial projects.
Vietnamese business representatives proposed technology transfer and workforce training for high-speed rail, urban rail and expressways. They also discussed local production of equipment for urban rail and renewable energy facilities. The president of the China International Contractors Association said it would support Chinese companies in surveying opportunities in Vietnam and working with local partners.
In the first seven months of 2026, Chinese investors registered nearly $3.7 billion in investment in Vietnam, with about 850 new investment projects. By the end of July, more than 7,000 Chinese investment projects remained active, with total registered capital of nearly $37 billion, spanning infrastructure, energy, processing and manufacturing, electronics and technology.
Source: VietVance
