Hanoi to begin construction of two major urban railway lines in late 2025
Hanoi will break ground for two key urban railway projects in Q4/2025, as part of the city's long-term strategy to expand public transport system, thus easing traffic congestion.
Nhon-Hanoi Station urban railway line in Hanoi. Photo courtesy of VNA.
Under the Prime Minister’s Decision No. 1569/QD-TTg dated December 12, 2024, approving the capital city’s master plan for the 2021-2030 period with a vision to 2050, Hanoi is set to develop 14 new urban railway lines.
To realize this goal, the city's authorities are accelerating preparations for construction of urban railway line No. 2 (Nam Thang Long-Tran Hung Dao) and urban railway line No. 5 (Van Cao-Hoa Lac), which are scheduled to commence on October 10 and December 19, respectively.
Vice Chairman of the municipal People’s Committee Duong Duc Tuan urged all relevant departments, ward-level authorities and units to promptly implement the city’s directives and report any obstacles for timely resolution.
Spanning 11.5 kilometres, line No. 2 will include an 8.9 km underground track and a 2.6 km elevated section. The line features seven underground and three elevated stations, with a total investment of nearly VND35.6 trillion ($1.36 billion), an increase of more than VND16 trillion from its original approval in 2008.
The route begins at Nam Thang Long, runs along Nguyen Van Huyen, Hoang Quoc Viet, Hoang Hoa Tham, Thuy Khue, Phan Dinh Phung, and key Old Quarter streets such as Hang Giay, Hang Dao, and ends at Tran Hung Dao street.
Meanwhile, stretching over 38 km, line No. 5 is the longest in Hanoi’s metro network. Starting from Van Cao-Hoang Hoa Tham intersection, it runs through Ngoc Khanh, follows Thang Long Boulevard and Ring Road 4, and ends near Hoa Lac, about 5 km from the former Hoa Binh provincial boundary.
Line No. 5 will include 21 stations - six underground and 15 ground-level. Of its total length, more than 6 km will be underground, 2 km elevated, and the remainder at ground, aligned with existing roads to minimise land clearance and costs.
Total investment for line No. 5 is estimated at over VND61.9 trillion (nearly $2.37 billion), mainly sourced from ODA, the city’s budget, and public-private partnerships (PPP).
The line is expected to connect central Hanoi with major development hubs such as Hoa Lac Hi-tech Park, Vietnam National University - Hanoi’s new campus, and Hoa Lac satellite urban area. This connectivity is anticipated to foster socio-economic growth along the city’s western corridor.
- Read More
Chinese firm proposes its 3rd waste-to-power plant in Vietnam
China’s EverBright Environment has proposed investing about VND1.6 trillion ($60.82 million) in a waste-to-energy plant in the central province of Quang Tri.
Energy - Fri, October 24, 2025 | 8:45 pm GMT+7
Mega golf-commercial-urban complex proposed for southern Vietnam city Can Tho
Vietnam Royal Investment Group JSC has proposed developing a 766-hectare golf-service-commercial-urban complex in the Mekong Delta city of Can Tho.
Real Estate - Fri, October 24, 2025 | 4:31 pm GMT+7
Sumitomo makes first hydropower investment in Vietnam
Sumitomo Corporation has made its first hydropower investment in Vietnam by acquiring a 49% stake in Mekong Electric Power Engineering and Development JSC which owns the 48 MW Dak Di 1 & 2 run-of-river hydropower project in Danang city.
Energy - Fri, October 24, 2025 | 3:42 pm GMT+7
Investors urge Vietnam to fix legal hurdles to LNG power projects
A group of investors in Vietnam’s gas-fired power sector has urged the country's parliament to address regulatory gaps that have stalled multi-billion-dollar LNG and domestic gas-fueled power projects, warning that delays could derail the country’s energy transition targets.
Energy - Fri, October 24, 2025 | 2:12 pm GMT+7
Central Vietnam province Gia Lai okays 3 large-scale wind power projects
Gia Lai province has granted in-principle approvals to three large-scale wind power projects with total registered capital mounting to VND19.35 trillion ($734.9 million).
Energy - Fri, October 24, 2025 | 12:01 pm GMT+7
HCMC pushes for early investment in Thu Thiem-Long Thanh railway project
The Ho Chi Minh City People’s Committee has emphasized the need for early investment and operation of a railway connecting Thu Thiem in the metropolis with Long Thanh International Airport in neighboring Dong Nai province.
Infrastructure - Fri, October 24, 2025 | 10:49 am GMT+7
Vietnam to let foreign investors place orders directly via global brokers
Vietnam plans to allow foreign investors to place orders directly through global brokerage firms, a move aimed at easing access to its stock market after a long-awaited upgrade to "secondary emerging" market status, a top regulator said.
Finance - Fri, October 24, 2025 | 8:28 am GMT+7
Vietnam business lobby urges easing of football betting limits
Vietnam’s leading business lobby VCCI has called on the government to sharply ease limits on international football betting and relax foreign ownership rules to make the industry more appealing to investors.
Finance - Thu, October 23, 2025 | 9:30 pm GMT+7
Powering growth from within
The development of a strong domestic private sector is essential for building a resilient, independent, and self-reliant economy that is less dependent on state-owned enterprises or foreign investment, writes Tim Evans, CEO of HSBC Vietnam.
Economy - Thu, October 23, 2025 | 9:09 pm GMT+7
Vietnam's stock market regulator appoints 2 new vice chairpersons
The State Securities Commission of Vietnam (SSC) has appointed Nguyen Hoang Duong and Le Thi Viet Nga as its new vice chairpersons.
Finance - Thu, October 23, 2025 | 4:14 pm GMT+7
Vinhomes chairman appointed CEO of VinSpeed
Pham Thieu Hoa, chairman of Vinhomes, has been appointed CEO of VinSpeed, a newly established company specializing in railway construction.
Companies - Thu, October 23, 2025 | 3:40 pm GMT+7
De Heus, Hung Nhon to invest $380 mln in high-tech agriculture hub in southern Vietnam
Dutch agribusiness group Royal De Heus and Vietnam’s Hung Nhon Group plan to invest VND10 trillion ($380 million) to develop a high-tech agricultural ecosystem in Tay Ninh province between 2025 and 2030.
Industries - Thu, October 23, 2025 | 2:35 pm GMT+7
Consumer finance major F88’s credit rating upgraded on improved funding capability, liquidity
Vietnamese credit ratings agency FiinRatings has upgraded F88's credit rating from “BBB-” to “BBB”, with a “stable” outlook, citing the company's enhanced capital-raising ability and improved liquidity position.
Companies - Thu, October 23, 2025 | 2:00 pm GMT+7
Vietnam's benchmark VN-Index could surpass 2,000 points in 2026: exec
VN-Index could top 2,000 points next year, said Huynh Minh Tuan, founder of FIDT - a Ho Chi Minh City-based investment consulting firm.
Finance - Thu, October 23, 2025 | 10:55 am GMT+7
Key factors helping firms export to demanding markets: DH Foods exec
Don’t treat business as a week-to-week or month-to-month affair. To go the distance, you must conduct business ethically, writes Nguyen Trung Dung, CEO of DH Foods.
Consulting - Thu, October 23, 2025 | 8:00 am GMT+7
Gold exchange, gold derivatives, gold ETFs proposed to be launched in Vietnam
Forming a gold exchange under state management in Vietnam is suitable to the reality, said Dao Xuan Tuan, head of the foreign exchange management department under the State Bank of Vietnam (SBV).
Finance - Wed, October 22, 2025 | 9:00 pm GMT+7
















