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Railway investment boom must translate into domestic industrial capacity

Railway investment boom must translate into domestic industrial capacity

Several Vietnamese companies have begun investing in capabilities that could support the railway programme.
Việt Nam seeks to develop dedicated 5G network for high-speed rail safety

Việt Nam seeks to develop dedicated 5G network for high-speed rail safety

The ministry has approved two research and development projects in September, proposed by military-run Viettel Group and state-owned Vietnam Posts and Telecommunications Group (VNPT).
VinSpeed, Siemens Mobility sign turnkey contract for Việt Nam rail line

VinSpeed, Siemens Mobility sign turnkey contract for Việt Nam rail line

Siemens Mobility will supply 10 Velaro Novo high-speed trains for the two lines, as well as communications and electrification systems.
Rail steel demand seen at 4 million tonnes, driven by major railway projects

Rail steel demand seen at 4 million tonnes, driven by major railway projects

Demand will mainly come from the North-South high-speed railway, the Hà Nội – Hải Phòng - Lào Cai railway and metro projects in HCM City.
Top private firms plan 200 billion in 40 mega projects

Top private firms plan $200 billion in 40 mega projects

These projects span residential and urban developments, airports, expressways, high-speed rail, industrial facilities and other strategic infrastructure.
Việt Nam, Laos share experiences in ODA mobilisation, management

Việt Nam, Laos share experiences in ODA mobilisation, management

Officials from the finance ministries of Việt Nam and Laos met in Hà Nội on June 30 to exchange experiences in mobilising, managing and using official development assistance (ODA) and concessional foreign loans.
Railway procurement mechanism awaits detailed guidance

Railway procurement mechanism awaits detailed guidance

The uncertainty has left domestic manufacturers waiting for concrete procurement orders despite having invested heavily in railway production capacity.
Forum seeks to boost Việt Nam - France cooperation in railways

Forum seeks to boost Việt Nam - France cooperation in railways

France and Việt Nam are seeking to deepen cooperation in railway and urban mobility development as the Southeast Asian country accelerates plans for metro systems and a landmark North-South high-speed railway project to reshape its transport infrastructure.
Self-reliant railway industry key to long-term growth: PM

Self-reliant railway industry key to long-term growth: PM

Prime Minister Phạm Minh Chính has called for a decisive shift in mindset to accelerate Việt Nam’s railway development, urging ministries and localities to master technology and build a self-reliant industry as the Government pushes ahead with a series of...
Ministry of Construction responds to 13 firms on 67 billion railway project

Ministry of Construction responds to 13 firms on $67 billion railway project

The Ministry of Construction tells 13 interested firms they will be notified once the investment model for Việt Nam’s $67 billion high-speed rail is finalised.
Vingroup withdraws bid for the North–South high-speed railway project

Vingroup withdraws bid for the North–South high-speed railway project

The decision was carefully considered to ensure maximum concentration of resources on strategic infrastructure projects that the group has recently been assigned to implement.
Việt Nam aims to build its own railway industry with 100 billion push

Việt Nam aims to build its own railway industry with $100 billion push

New rules let local companies compete for massive train and track contracts
VinSpeed, Siemens team up to boost high speed rail development in VN

VinSpeed, Siemens team up to boost high speed rail development in VN

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,...
Affordable housing needs careful design

Affordable housing needs careful design

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.
Additional 370 million in ODA may be raised by year end

Additional $370 million in ODA may be raised by year end

On average, the country received around $800-$1 billion in ODA during 2021-25 period, except for 2022 when the inflow ped sharply due to the COVID-19 pandemic.