Vietnam’s Vision for High-Speed Train Production with Thaco

Prime Minister Pham Minh Chinh urges automaker Thaco to research High-Speed Train Production domestically. The government seeks to minimize foreign dependence and strengthen Vietnam’s railway industry. This was reported by the railway transport news portal Railway Supply.

High-Speed Train Production: Vietnam’s Ambitious Railway Strategy

At a meeting, Chinh acknowledged Thaco’s quality products, competitive pricing, and automation expertise. He emphasized the importance of investing in research and efficiently transferring railway technology.

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The High-Speed Train Production project spans 1,541 km, covering 20 provinces across Vietnam. With 23 passenger stations and five cargo terminals, it aims to enhance national connectivity. Authorities target project completion by 2035 while prioritizing local technological development.

This strategy supports economic growth by fostering domestic innovation and infrastructure advancements.

Vietnam’s Commitment to High-Speed Train Production and Local Development

Deputy Transport Minister Nguyen Danh Huy confirmed government funding for railway expansion. He stressed Vietnam’s commitment to self-sufficiency in railway technology and construction.

Foreign contractors must incorporate Vietnamese materials and services into their operations. Domestic firms already possess expertise in building essential railway infrastructure components.

The government may appoint top corporations for manufacturing and technological integration. Several Vietnamese businesses have expressed interest in joining this large-scale initiative.

Hoa Phat chairman Tran Dinh Long affirmed the company’s steel production capabilities. Meanwhile, Deo Ca Group seeks involvement in tunnel and bridge construction projects.

Vietnam continues prioritizing local industries in major national infrastructure projects. This strategy strengthens the economy while driving technological progress and sustainability.

By 2035, the railway system will revolutionize Vietnam’s transportation efficiency. The project will reduce travel time, boost trade, and enhance economic development significantly.

Policymakers believe integrating local firms ensures long-term national economic stability. Vietnamese businesses stand ready to contribute expertise, resources, and manufacturing capacity.

Source: e.vnexpress.net

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