Vietnam Greenlights $67B High-Speed Rail Project
TL;DR
Vietnam has approved a $67 billion high-speed railway project connecting Hanoi and Ho Chi Minh City, aiming to reduce travel time from 30 to 5 hours. The 957-mile railway, expected to begin construction in 2027 and operational by 2035, will pass through 20 provinces with 23 passenger and 5 freight stations. The project addresses growing transport needs and is seen as crucial for economic growth, with domestic funding prioritized and potential foreign loans considered.
- Vietnam OKs $67B High-Speed Railway Project Newsmax
- Vietnam announces ambitious high-speed rail plans CNN
- Vietnam OKs $67bn bullet train for 5-hour trip north to south Nikkei Asia
- Vietnam Parliament Approves $67 Billion High-Speed Rail Project Bloomberg
- Vietnam to build US$67 billion high-speed railway South China Morning Post
Want the full story? Read the original reporting
Read on Newsmax