Lawmakers on November 20 afternoon expressed their strong support for the investment policy for the North-South high-speed railway project, emphasising that it is time to go ahead rather than stepping back as this is a development trend of the country.

Legislators looked into the investment policy for the North-South high-speed railway project on November 20 afternoon, part of the ongoing second phase of the 15th National Assembly’s eighth session.

A seminar to discuss opportunities and challenges for Vietnamese businesses in joining the North-South high-speed railway project was held in Hanoi on November 19, attracting the participation of representatives from the Ministry of Transport and businesses.

VOV.VN - The Vietnamese government has officially submitted a proposal to the National Assembly for the North-South high-speed railway project, valued at over US$67 billion.

VOV.VN - The government has submitted a proposal to the National Assembly for a special mechanism to implement the North-South high-speed rail project, aimed at meeting the increasing transportation demand and improving the national transport infrastructure.

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.

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.

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