Vietnam Approves $67 Billion High-Speed Railway Project

The ambitious rail line will connect Hanoi to Ho Chi Minh City in just five hours, transforming the country’s infrastructure and economy.

The high-speed railway will span over 1,500 kilometers, reducing travel time between Hanoi and Ho Chi Minh City from 30 hours to just five.
Construction is set to begin in 2027, with the railway expected to be operational by 2035, though Vietnam has faced delays in past infrastructure projects.
The project will include 23 passenger stations and five freight stations, passing through 20 provinces and cities, with 60% of the track on bridges and 10% through tunnels.
The railway is designed to transport both passengers and goods, boosting connectivity, supporting defense needs, and enhancing Vietnam's role in global supply chains.
While the project will primarily rely on domestic funding, Vietnam may consider foreign loans under favorable terms to cover the $67 billion cost.