Under the agreement, Siemens Mobility will act as a technology partner, responsible for the design, supply, and integration of Velaro Novo high-speed trains, along with key railway systems such as ETCS Level 2 signaling with automatic train operation (ATO), telecommunications,...
Across the country, overall housing supply has been rising, but the share of affordable homes remains critically low. Experts are urging goverment regulations to control real estate prices to be carefully designed to ensure feasibility and avoid further market distortions.
Việt Nam’s railway sector remains hampered by limited technological capacity. Expertise in core fields such as locomotive design, rolling stock manufacturing, signalling, automation and electrification is still largely imported, with little domestic research and production.
Hà Nội Metro will collaborate with Xanh SM, VinBus, FGF and V-Green to a seamless door-to-door transport system integrating electric metro lines, taxis, motorbikes and buses.
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.
In the first six months of the year, Vietnam Railway Corporation''s total revenue rose by 10 per cent year-on-year to more than VNĐ4.5 trillion, including VNĐ3 trillion from the parent company, up by 11.2 per cent.
This shift from road transport - the most traditional and optimal option for farm produce exports to China - is mainly due to the fact that in recent years, Việt Nam''s railway industry has continuously improved with international inter-modal routes being operational.
The cranes have been put into commercial operation with a total lifting capacity of 60 turns per hour, helping Chu Lai port increase productivity and cargo services.
Vietnam Railways (VNR) on July 20 added a new rail freight link from Viet Nam to Belgium, with the first train departing from Yen Vien station, Ha Noi, and expected to arrive at Liege City in Belgium.
The rail-hailing app Grab’s recent move to increase fees triggered concerns among drivers that they would earn less as passengers switch to other transportation service providers.
The Ha Noi-HCM City high speed rail project will benefit the country’s economy, but there are several challenges to implementation of the mega project, including financing, attracting private sector interest and a weak business case.