The $67 billion North-South high-speed rail project, slated for completion by 2036, will require an estimated $1 billion annually in operations and maintenance, the Economic Committee reported to the National Assembly.

On November 9, the Hanoi People’s Committee celebrated the commercial launch of the Nhon-Hanoi station metro segment, symbolizing a new milestone in sustainable urban transport collaboration between France and Vietnam.

Vietnam's North-South High-Speed Railway will now see an investment of $67.34 billion, up from the previous $58 billion, while shortening the project timeline by 10 years.

Vietnam's Ministry of Transport has confirmed that the ambitious North-South high-speed railway project, with an estimated cost of over $67 billion, will be funded entirely through domestic sources, avoiding dependency on foreign loans.

The Party Central Committee has approved the investment plan for a 350km/h high-speed railway along the North-South axis, set to be presented for approval at the 8th Session of the 15th National Assembly.

After several rounds of feedback from ministries, sectors, and experts, the Ministry of Transport is finalising the proposal for the construction of the North-South high-speed railway, as the funding plan for the project has shown positive signs.

The Vietnamese government has given the green light to a comprehensive high-speed rail project spanning 1,541 km, aiming to connect the northern and southern regions of the country.

The construction of the North-South high-speed railway attracts much attention from experts, especially after the introduction of the third scenario.The Government is carefully considering the positives of each method before reaching a final decision

Minister of Construction Nguyen Thanh Nghi, a member of the Steering Committee for the North-South high-speed railway construction project agreed to invest in the project following the third scenario.