Vietnam: The First High-Speed Railway Project

Vietnam’s National Assembly approved “Vietnam: The First High-Speed Railway Project” connecting Hanoi and Ho Chi Minh City. This project represents a significant step in the country’s transportation development. This was reported by the railway transport news portal Railway Supply.

The construction will cost 1,700 trillion dong ($67 billion), while preparations require 538 trillion dong ($21 billion). The funding will come from state investments outlined in the medium-term development plan.

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Authorities estimate the railway’s payback period will be 33 years after its launch. Construction is scheduled to start in 2027 and finish in 2035, delivering a modern transport network.

The new railway will stretch 1,541 kilometers from north to south, featuring 23 passenger stations. Trains will reach speeds of up to 350 km/h, ensuring efficient regional connectivity.

Additionally, five freight terminals will be built, allowing trains to operate at 160 km/h. This initiative aims to improve logistics and boost the economic potential of the region.

Deputy Minister of Transport Nguyen Dan Huy emphasized the railway’s importance for Vietnam’s transportation system. The project includes maintenance depots for passenger and freight trains, ensuring reliable operations.

Plans also include connecting Vietnam’s railway to China’s high-speed network through northern branches. This connection will enable Chinese trains to travel through Vietnam, enhancing international cooperation and trade links.

The project is considered a crucial step toward modernizing transportation infrastructure and improving the country’s global competitiveness.

Funding and Timelines for Vietnam: The First High-Speed Railway Project

State investments will cover the $88 billion required for construction and preparations. Construction will begin in 2027 and is expected to complete by 2035.

Economic Impact of Vietnam: The First High-Speed Railway Project

The project will enhance transportation infrastructure, provide fast connections between cities, and improve Vietnam’s economic competitiveness.

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