HCMC seeks to retain surplus revenues to fund metro rail network
HCMC wants to retain the entire amount of money it could have in excess of its budget revenue targets in 2026-30 to fund its metro rail network.
Vietnamese deputy premier encourages Chinese firm to join Vietnam-China rail projects
Vietnamese Deputy Prime Minister Tran Hong Ha received Chen Yun, chairman of China Railway Group Limited (CREC), at the Government Office in Hanoi on Monday, encouraging the Chinese firm to get involved in standard-gauge railway route projects connecting Vietnam and China.
$3.4B sought for metro line linking Thu Duc with Dong Nai
Consultants have proposed a 48-kilometer metro line connecting Thu Duc City in Ho Chi Minh City to Long Thanh District in the neighboring Dong Nai Province, with a total investment of VND84.752 trillion (US$3.42 billion).
HCMC chairman calls on citizens to purchase bonds for metro funding
Ho Chi Minh City chairman Phan Van Mai has urged residents to buy bonds to help finance the city’s US$36 billion urban metro network, aimed at building 183 kilometers of rail by 2035.
China construction company offers to build Vietnam high-speed railroad
The state-owned China Communications Construction Company is interested in major infrastructure projects in Vietnam, including the north-south high-speed railroad and urban metro systems.
China’s railway diplomacy on high speed in Vietnam
The Vietnamese government announced in April 2024 that it aims to start construction of two high-speed railway (HSR) lines in cooperation with China by 2030. One of the proposed routes will link Haiphong, a key port in the north of the country,…
Vietnam’s second metro line to start running Thursday
The elevated section of the Nhon-Hanoi Station metro line in Hanoi is set to begin operation on Thursday, becoming the second metro line to open to the public in Vietnam.
Hanoi’s 2nd metro line misses deadline again
The Nhon-Hanoi Station metro line has missed the deadline for its elevated section again, after failing to go into commercial operation on July 28.
Hanoi starts drilling tunnel for 2nd metro line
The Hanoi Metropolitan Railway Management Board (MRB) and some contractors on Tuesday started using tunnel boring machines to drill the underground section of the Nhon – Hanoi Station metro line, the second of its kind in the capital city.
China-based lender AIIB to allocate $5B for Vietnam rail projects
Beijing-based lender Asian Infrastructure Investment Bank (AIIB) will allocate $5 billion in credit with incentive interest rates to fund Vietnam’s key rail projects.
Vietnam should consider 350-kph speed option for north-south train, PM announces
Prime Minister Pham Minh Chinh said on Thursday that Vietnam should conduct research for building a 350-kph north-south railway.
Second Hanoi metro line misses deadline for 13th time
The Nhon-Hanoi Station metro project has yet to transport any passengers, despite plans to commence commercial operations in June.
Chinese firms eye investment in Vietnam rail projects
Leading Chinese companies are looking to invest in Vietnam’s rail and road infrastructure as the two governments’ encouraging policies pave the way for stronger partnership.
Vietnam wants China’s help for high-speed railway development
Vietnam is looking for China’s support with the development of the country’s high-speed railway networks including cross-border lines that would promote trade between the two countries.
Vietnam is planning high-speed rail connections with China
Vietnam aims to start building two high-speed railway lines linking its capital Hanoi with China before 2030, the Ministry of Planning and Investment said, another sign of a recent warming of ties between the two Communist-ruled neighbors.
Urban railway may replace Hanoi’s rapid bus plans
An urban railway line could replace Hanoi’s Kim Ma-Yen Nghia BRT (bus rapid transit) line due to infrastructural limitations, the municipal People’s Committee said.
HCMC’s metro latest plan : 7 trains to enter operation in July
The company that will operate HCMC’s metro line No.1 said in its newest plan that seven out of 17 trains on the line will enter service this July instead of waiting until the fourth quarter.
Vietnam seeking to learn from China with high-speed rail plan
Vietnam is seeking to learn from China to develop its first high-speed railway network, according to its government, with plans in the works for a rail line running the length of the country.
Siemens offers locomotives for Vietnam’s highspeed railway
Siemens has expressed interest in Vietnam’s North-South highspeed railway and offered to provide vehicles for the project.
Vietnam Railways posts profits after 3 years of losses
State-owned Vietnam Railways reported profits of VND94.8 billion (US$3.89 million) for 2023 as it returned to the black after three years of losses.
China Railway plans to test Vietnam’s foreign policy equilibrium
The Kunming-Haiphong railway runs directly through Vietnam’s most significant deposits of rare earth minerals.
Vietnam to start building of two sections of north-south high speed railway before 2030
The Ministry of Transport will complete the North-South high speed railway project’s pre-feasibility study report and strive to start construction of two priority sections before 2030.
Japan signs another $288M loan for HCMC metro line
Vietnam and Japan signed the fourth loan agreement for Ho Chi Minh City’s metro line No.1 project, worth more than JPY41 billion (US$288.48 million), on Saturday.
Without policy changes, 200 km of metro will take 100 years
HCMC could take 100 years to complete the 200 km of metro routes it plans if policies are not changed, its chairman Phan Van Mai said.
NA committee questions sluggish progress on metro projects
The National Assembly’s Economic Committee said the deployment and investment for metro lines in Hanoi and HCMC have been very slow, and requested parties to clarify the projects’ progress and expected completion.
Laos-Vietnam Railway project officially approved ; new route to elevate trade and tourism between two countries
A new railway project between Laos and Vietnam is ready to kick off. The train will establish a direct link between the countries and aim to become a primary source of economic and infrastructure development in the region.