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Vietnam's richest billionaire expands into railways and steel production
Companies linked to billionaire Pham Nhat Vuong have signed major contracts covering five metro lines in Hanoi, 200 trains and a steel production facility with annual capacity exceeding 700,000 tonnes, marking a major expansion into infrastructure.
Hanoi plans 253.5km of driverless metro lines under five new contracts
Hanoi has signed turnkey contracts for five metro lines totaling 253.5km, with plans to introduce fully automated, driverless trains as part of a major expansion of the capital's urban rail network by 2030.
