HCMC well off target of 8 metro lines by 2035

HCMC well off target of 8 metro lines by 2035

Vietnam’s southern economic hub Ho Chi Minh City seems to be falling well short of its goal of building eight metro lines totaling 200 kilometers by 2035 because none have been put into operation thus far.

Infrastructure - Thu, May 2, 2024 | 9:14 am

Japan’s Tokyu seeks trans-Asia railway development in southern Vietnam

Japan’s Tokyu seeks trans-Asia railway development in southern Vietnam

Japanese urban development group Tokyu is looking to build part of a trans-Asia railway in Binh Duong province, an industrial hub in southern Vietnam.

Infrastructure - Thu, April 11, 2024 | 6:38 pm

China to boost solar power investment in Vietnam: Commerce Minister

China to boost solar power investment in Vietnam: Commerce Minister

Chinese businesses are striving to make more investments in Vietnam’s solar power sector, Chinese Minister of Commerce Wang Wentao told Vietnamese Minister of Planning and Investment Nguyen Chi Dung.

Infrastructure - Mon, April 1, 2024 | 9:59 pm

High-speed train may add 1 ppt to Vietnam’s annual GDP growth: ministry

High-speed train may add 1 ppt to Vietnam’s annual GDP growth: ministry

A future trans-Vietnam high-speed railway is expected to contribute one percentage point to the country’s annual economic growth in the 2025-2037 period, a report has shown.

Economy - Wed, March 27, 2024 | 12:21 pm

S Korea can share high-speed railway technology with Vietnam: official

S Korea can share high-speed railway technology with Vietnam: official

South Korea is willing to facilitate the trans-Vietnam high-speed railway project by sharing relevant expertise and experience, said Korea National Railway chairman Lee Seong-hae.

Infrastructure - Wed, March 20, 2024 | 3:06 pm

Japan willing to fund trans-Vietnam high-speed railway: minister

Japan willing to fund trans-Vietnam high-speed railway: minister

Finance Minister Shunichi Suzuki has expressed the Japanese government’s willingness to finance a trans-Vietnam high speed railway project and other infrastructure works.

Investing - Tue, March 12, 2024 | 5:22 pm

Vietnam aims to mobilize foreign capital for 30% of $67 bln high-speed railway

Vietnam aims to mobilize foreign capital for 30% of $67 bln high-speed railway

Vietnam plans to mobilize foreign capital to pay for 30% of the planned North-South high-speed railway project, Minister of Finance Ho Duc Phoc said Monday.

Infrastructure - Mon, March 11, 2024 | 7:51 pm

Vietnam Politburo sets priority for expressways, high-speed railway

Vietnam Politburo sets priority for expressways, high-speed railway

The Politburo, Vietnam’s supreme decision-making body, has asked relevant authorities to prioritize allocating resources for critical transport infrastructure projects, including expressways and a trans-Vietnam high-speed railway.

Infrastructure - Tue, February 27, 2024 | 10:30 am

Vietnam PM invites Siemens to build urban railway lines

Vietnam PM invites Siemens to build urban railway lines

Prime Minister Pham Minh Chinh has asked Siemens AG to research and participate in bidding for urban railway line projects in Vietnam and transfer technology to the country in this area.

Infrastructure - Mon, February 26, 2024 | 10:37 pm

World Bank to finance 4 railway projects in Vietnam

World Bank to finance 4 railway projects in Vietnam

The World Bank plans to finance four railway projects in Vietnam, according to a Friday discussion between Vietnam’s Ministry of Transport and the bank's representatives.

Infrastructure - Sun, February 25, 2024 | 9:06 am

Vietnam Politburo to receive high-speed train proposal next month

Vietnam Politburo to receive high-speed train proposal next month

The Transport Ministry has been asked to complete a detailed plan for a Trans-Vietnam high-speed railway project for submission next month to the Party Politburo, the country's highest decision-making body.

Economy - Tue, February 20, 2024 | 11:55 pm

WB willing to finance Vietnam’s railway sector

WB willing to finance Vietnam’s railway sector

The World Bank has surveyed and is willing to finance some railway projects in Vietnam, said Kathy Whimp, operations manager for the World Bank in Vietnam, at a Monday meeting with Deputy Minister of Transport Nguyen Danh Huy.

Finance - Wed, February 7, 2024 | 10:01 am

Vietnam targets having hi-tech products make up 50% of 2024 exports: PM

Vietnam targets having hi-tech products make up 50% of 2024 exports: PM

Vietnam will strive to recover and boost processing, manufacturing and semiconductor industries towards having hi-tech products make up 50% of export turnover this year, Prime Minister Pham Minh Chinh has said.

A year in review and 2024 forecasts - Fri, January 5, 2024 | 5:45 pm

Tunnel king Deo Ca, S Korean firm to build two railway tunnels

Tunnel king Deo Ca, S Korean firm to build two railway tunnels

A consortium of Vietnam construction giant Deo Ca and South Korea’s IlSung Vietnam Co., Ltd has won a VND552 billion ($22.7 million) contract to build two tunnels on the Hanoi-Ho Chi Minh City railway route.

Infrastructure - Wed, December 27, 2023 | 3:11 pm