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Vietnam to Build North-South High-Speed Railway

Vietnam plans to construct a 1,541 km North-South high-speed railway line, estimated to cost $67.34 billion, entirely funded by the government without foreign loans. Vietnam’s Deputy Minister of Transport, Nguyen Dan Huy, announced this.

The high-speed rail will connect the two largest cities in Vietnam, from Hanoi to Ho Chi Minh City, with trains capable of reaching 350 km/h speeds. The financing for the project is expected to come from medium-term public investments through 2035, with approximately $5.6 billion allocated annually.

Five depots will be constructed to service high-speed passenger trains, and four additional depots will be dedicated to freight trains along the route. Construction is set to begin in 2028, with completion targeted for 2035.

Additionally, there is a plan under consideration to connect Vietnam’s high-speed rail system to China’s, linking Hanoi to the Chinese network. This would involve building two high-speed railway branches in northern Vietnam, allowing Chinese high-speed trains to operate within Vietnam’s territory if the initiative is realized.

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