Vietnam's industrial production declined by 5.5 percent year-on-year in January 2020, following a 6.2 percent growth in the previous month. This was the first drop in output since January 2017, as the Lunar New Year holiday was at the end of January this year, reducing the number of working days.
From Hanoi, railway lines branch out to the northeast, north, and west; the eastbound line runs from Hanoi to Hạ Long Bay, the northbound line from Hanoi to Thái Nguyên, and the northeast line from Hanoi to Lào Cai. In 2009, Vietnam and Japan signed a deal to build a high-speed railway—shinkansen (bullet train)—using Japanese technology.
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