- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news North-South high-speed railways
Vietnam’s ambitious $67 billion North-South high-speed rail, designed to cut travel time between Hanoi and Ho Chi Minh City to just 5.5 hours, is moving closer to reality.
The ruling Party and Government have stated their commitment to prioritising Vietnamese enterprises in the execution of the project.
The preliminary total investment for the project is estimated at VNĐ1.7 quadrillion (around US$67.34 billion). To ensure its progress and success, 19 special policies have been proposed.
The Ministry of Transport (MOT) has been asked to adjust the routes of railway sections going through the cities of Dong Hoi, Hue and Nha Trang to be sure that stations won’t be located in flooded areas.