VOV.VN - The Government has submitted a proposal to the National Assembly, recommending the inclusion of private investment in the ambitious North–South high-speed railway project, a move aimed at broadening business participation in one of the country’s most significant infrastructure undertakings.

VinSpeed High-Speed Rail Investment and Development JSC on May 14 officially announced its registration to invest in Vietnam’s North–South high-speed railway project, with an estimated investment of VND1.562 quadrillion (or US$61.35 billion), excluding costs related to compensation, relocation support.

VOV.VN - The proposal to adopt special mechanisms allowing Vietnamese enterprises to participate in the North–South high-speed railway project is seen as essential to promoting technological self-reliance and enabling domestic mastery of high-speed rail systems.

Prime Minister Pham Minh Chinh urged ministries, agencies, and localities to act with “greater speed and boldness” to carry out Vietnam’s railway projects at the second meeting of the Steering Committee for key national railway projects in Hanoi on April 26.

The Government on April 23 issued Resolution No. 106/NQ-CP that details the roadmap for implementing the North – South high-speed railway project, requesting all necessary conditions be completed to commence construction no later than December 31, 2026.

Efforts are being ramped up to fast-track three railway projects linking Vietnam and China, with the aim of making them symbolic project in bilateral cooperation, according to the Ministry of Construction.

Technological innovation, technology transfer, and workforce training form the core strategy for transforming the nature of Vietnam’s economic growth in the coming years, Deputy Prime Minister Ho Duc Phoc remarked at the 17th Vietnam Economic Scenario Forum’s spring 2025 plenary session in Hanoi on January 7.

VOV.VN - In 2024, the National Assembly of Vietnam passed several landmark resolutions, addressing strategic socio-economic development issues and meeting the country’s real-life requirements. Following are some major resolutions.

VOV.VN - The Vietnam Association of Construction Contractors (VACC) has proposed several specific mechanisms and policies for effective implementation of the US$67.3 billion North-South high-speed railway project that was recently passed by the National Assembly.

VOV.VN - With a majority of votes in favour (92.48%), the National Assembly on November 30 approved the North-South high-speed railway project with an estimated investment of US$67.3 billion to be implemented under the public investment model.