The Politburo has recently agreed to seek opinions of the Party Central Committee regarding the investment policy for a North-South high-speed railway before the Government submits it to the National Assembly at its 8th session.

After several rounds of feedback from ministries, sectors, and experts, the Ministry of Transport is finalising the proposal for the construction of the North-South high-speed railway, as the funding plan for the project has shown positive signs, Deputy Minister of Transport Nguyen Danh Huy has said.

Prime Minister Pham Minh Chinh on July 11 requested relevant ministries and agencies to consult experts and scientists, and learn from international experiences to quickly complete the building of the North-South high-speed railway project.

Vietnam has been the largest trading partner of China’s Guangxi province for the past 25 years, and the building of a community with a shared future that carries strategic significance between the two countries has given Guangxi an important mission and brought about new historical opportunities for its development.

VOV.VN - Japanese Ambassador to Vietnam Ito Naoki during his recent meeting with the leadership of the Ministry of Transport (MoT) in Hanoi said Japan shows its keen interest in Vietnam’s North-South express railway project worth approximately US$70 billion.

VOV.VN - The Vietnamese Government has initiated plans to begin construction of a North-South high-speed rail route by 2030 and put it into operation by 2045.

VOV.VN - China considers Vietnam a priority partner in its overall periphery diplomacy, Chinese President and Party General Secretary Xi Jinping told Vietnamese Prime Minister Pham Minh in Beijing on June 27.

Various actions have been taken to bring a new face for the Vietnamese railway system in the future.

Vietnam will add 18 new routes, 1,528km in total length, to its national railway network by 2050, according to a draft planning for the 2021 – 2030 period, with a vision towards 2050.

The Ministry of Transport (MoT) has proposed total investment of VND240 trillion (US$10.4 billion) for the expansion of the railway network from now until 2030, to be sourced by the State budget and other legal sources.