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.
The decision was carefully considered to ensure maximum concentration of resources on strategic infrastructure projects that the group has recently been assigned to implement.
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.
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.
The north-south high-speed railway project is more than just a national infrastructure initiative it''s also a pivotal opportunity for Vietnamese enterprises to expand, innovate and thrive in the high-tech sector, a Việt Nam Railways Corporation representative said at a conference on the...
This move is viewed as a bold strategic initiative aligned with the Party’s resolutions on fostering science and technology, digital transformation and private sector development.
The government should focus on building infrastructure, while the private sector equips it with supporting facilities, from which they can generate profits to recover their investments, say experts.
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.
The CT Group recently proposed that the Prime Minister approve investment of US$9.98 billion to build a high-speed railway linking HCM City and the Mekong Delta’s Cần Thơ City.
Thang Long, the biggest single-body high-speed ship in Viet Nam, was launched in the northern port city of Hai Phong on Friday, and will start offering services between Vung Tau City and Con Dao Island in the southern province of...
Speedtest statistics showed that the download speed of mobile networks in Viet Nam reached 42.46 Mbps in July, lower than the world average of 55.07 Mbps.