The National Assembly Standing Committee has agreed to put the North-South high-speed railway project on the agenda for the ongoing 15th National Assembly's 8th session.

After years of hesitation, Vietnam is making strides toward launching its North-South high-speed rail, a project that leaders envision as essential to national growth, connectivity, and global competitiveness.

In many countries, large cities need 2-3 high-speed stations to effectively connect the transport network and serve people’s travel demand.

The Ministry of Transport proposes bonds, domestic and international funding as viable solutions for the ambitious rail project.

The North-South high-speed railway promises reduced emissions, eco-friendliness, and aims for net-zero by 2050, contributing to Vietnam’s sustainable transport goals.

The Ministry of Transport has proposed prioritizing domestic contractors for the North-South Highway Railway, paving the way for Vietnamese enterprises to undertake important projects.

Vietnam’s ambitious high-speed rail project promises job creation, transportation growth, and boosts to various industries across the country.

The investment resources for the North-South high-speed railway project are now deemed manageable as Vietnam's economy continues to grow, with construction expected to commence in 2027.

The route also meets technical requirements for a maximum gradient and curve radius that will ensure a smooth ride for passengers.

The government should focus on building infrastructure, while the private sector equips it with supporting facilities, from which they can generate profits to recover their investments, say experts.

Experts recommend special policies for the North-South high-speed railway project, emphasizing the role of domestic contractors and a focus on maintaining sufficient funding.

The Ministry of Transport proposes a design speed of 350 km/h, a total length of 1,541 km, twin tracks, a gauge of 1,435 mm, and an estimated cost of US$67.34 billion for the mega project.

The standing members of the Government have requested the Ministry of Transport (MoT) and relevant agencies to complete the North-South express railway line project to submit to competent authorities for consideration in a coulle of months.

The total estimated investment for the entire project is approximately US$58.71 billion.

The Ministry of Planning and Investment has thrown its weight behind a North-South express railway with a maximum speed of 180-250 km per hour as proposed by the Ministry of Transport.

The Ministry of Transport will submit to the Politburo for consideration an investment policy for the construction of a North-South express rail link, which would cost up to 58.71 billion USD, this September.