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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

What incentives Metro Star real estate project offers overseas Vietnamese coming home for Tet

What incentives Metro Star real estate project offers overseas Vietnamese coming home for Tet

Metro Star, a major real estate project in Ho Chi Minh City, has prepared special promotions for overseas Vietnamese citizens as the homecoming season of Tet (Lunar New Year holiday) approaches.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam, China to enhance railway connectivity under Belt Road Initiative

Vietnam, China to enhance railway connectivity under Belt Road Initiative

Vietnam and China decided to enhance cooperation on railways and other infrastructure projects in order to facilitate trade flows between the two countries during Chinese President Xi Jinping’s two-day visit to Hanoi.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Deputy PM urges proposal for expressway connecting Lam Dong, Khanh Hoa provinces

Deputy PM urges proposal for expressway connecting Lam Dong, Khanh Hoa provinces

The Vietnamese provinces of Lam Dong and Khanh Hoa should ask the Prime Minister to consider approving the construction of the Nha Trang-Lien Khuong Expressway linking the neighboring provinces, said Deputy Prime Minister Tran Hong Ha on Tuesday.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam, China should boost rail links, lift tourism to pre-pandemic level: Deputy PM

Vietnam, China should boost rail links, lift tourism to pre-pandemic level: Deputy PM

Vietnam and China should boost transport infrastructure connectivity, especially railways, and attempt to revive tourism cooperation to pre-Covid levels, said Deputy Prime Minister Tran Luu Quang.

Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam, Laos to boost connectivity via ports, railways, roads

Vietnam, Laos to boost connectivity via ports, railways, roads

Vietnam and Laos have agreed to boost their connectivity by implementing several key projects including seaports, roads and railway routes.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam set to approve pre-feasibility study for Hanoi's $2.7 bln metro line No.5

Vietnam set to approve pre-feasibility study for Hanoi's $2.7 bln metro line No.5

The national appraisal council is set to approve a pre-feasibility study for Hanoi’s fifth metro route with an expected investment of VND65.4 trillion ($2.68 billion).

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Chinese conglomerates eye railway expansion in Vietnam

Chinese conglomerates eye railway expansion in Vietnam

Leaders of China Railway Engineering Corporation (CREC) and Power China expressed their wish to develop railway projects in Vietnam while meeting with Vietnamese Prime Minister Pham Minh Chinh in Nanning city, Guangxi province on Saturday.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

North-South expressway’s eastern section to open in 2025

North-South expressway’s eastern section to open in 2025

Vietnam will strive to open the eastern section of the North-South Expressway and build 3,000 kilometers of expressways by 2025, according to a newly-passed National Assembly resolution.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Government prioritizes high-speed railway in Mekong Delta

Government prioritizes high-speed railway in Mekong Delta

The government is giving priority to express routes in the Mekong Delta, especially the express railway connecting Ho Chi Minh with Can Tho city, the region's heart, Prime Minister Pham Minh Chinh said.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hanoi plans construction of three new urban railway lines by 2025

Hanoi plans construction of three new urban railway lines by 2025

Hanoi is planning to start the construction of three new urban railways by 2025, running from Van Cao to Hoa Lac, Hanoi Station to Hoang Mai, and Yen Vien to Ngoc Hoi.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Lao Cai province eyes $12.4 bln in FDI by 2030

Lao Cai province eyes $12.4 bln in FDI by 2030

Northern Vietnam's Lao Cai province, home to the famous resort town of Sa Pa, is aiming to attract VND774 trillion ($33 billion) of investment from 2021-2030, including VND290 trillion ($12.4 billion) in foreign direct investment, to implement its newly-approved provincial plan.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Ministry accelerates proposed HCMC-Can Tho high-speed railway plans

Ministry accelerates proposed HCMC-Can Tho high-speed railway plans

The Ministry of Transport is speeding up preparatory work for a proposed high-speed railway linking Ho Chi Minh City with Can Tho city in the Mekong Delta, a region with no access to railroads.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Construction giant Deoca to jointly build railway linking Vietnam, Laos, China

Construction giant Deoca to jointly build railway linking Vietnam, Laos, China

Vietnam’s Deoca Group and Laos’ Petroleum Trading Lao Holding (PTL) will cooperate to build the Vietnam-Laos railway, which will connect with the Laos-China railway and facilitate trade activities across the region, Deoca announced Wednesday.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Railway study on track to connect Hanoi with neighboring provinces

Railway study on track to connect Hanoi with neighboring provinces

The Vietnamese government has asked relevant agencies to develop a roadmap for research and investment in urban railway lines connecting Hanoi with the nearby provinces of Bac Ninh, Hung Yen, Ha Nam and Vinh Phuc.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Bac Giang province to launch rail cargo service to China

Bac Giang province to launch rail cargo service to China

A train station in Bac Giang is set to launch an international cargo route connecting Pingxiang town in China's Guangxi province on February 20, Vietnam Railways reported on Tuesday while working with provincial authorities.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Private investment allowed in Cambodia-Vietnam high speed rail

Private investment allowed in Cambodia-Vietnam high speed rail

Cambodia’s Prime Minister Hun Sen has affirmed his government allowed the private sector to invest 100% in a new high-speed railway linking its capital Phnom Penh to Ho Chi Minh City, Vietnam’s southern economic hub.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese firm launches container railway route to Kazakhstan

Vietnamese firm launches container railway route to Kazakhstan

Railway Transport and Trade JSC (Ratraco), an affiliate of state-run Vietnam Railways, has launched a container railway route connecting Vietnam with Kazakhstan, halving the travel time versus the maritime route, the firm announced Friday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC eyes $9.5 bln investment in 6 new metro projects until 2035

HCMC eyes $9.5 bln investment in 6 new metro projects until 2035

Ho Chi Minh City is drafting a plan to invest VND236,629 billion ($9.53 billion) in building six more metro projects until 2035, while admitting state budget and official development assistance (ODA) capital are limited.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Legislator pushes for private-sector role in railway development

Legislator pushes for private-sector role in railway development

The government should prioritize participation of the domestic private sector in modernizing the country’s railway industry, National Assembly member Hoang Van Cuong said Thursday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Lower speed proposed for North-South Railway project over efficiency concerns

Lower speed proposed for North-South Railway project over efficiency concerns

A maximum speed of 320 kilometers per hour for the North-South Express Railway as proposed by the transport ministry might lead to investment inefficiency, says the project consultant.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam invests $2.76 bln in metro, only one in Hanoi operates

Vietnam invests $2.76 bln in metro, only one in Hanoi operates

Vietnam has invested VND66,011 billion ($2.76 billion) in the metro systems of Hanoi and Ho Chi Minh City in the past decade, but only Cat Linh-Ha Dong urban railway in the capital city has entered operation.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam-Vladivostosk-Moscow railway, sea route inaugurated

Vietnam-Vladivostosk-Moscow railway, sea route inaugurated

A transport route connecting a sea route between Vietnam and Russia's largest port Vladivostok with a railway between Vladivostok and Moscow, was inaugurated Tuesday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese group Deoca, foreign partners aim to build railways in HCMC, Laos

Vietnamese group Deoca, foreign partners aim to build railways in HCMC, Laos

Deoca Group is working with foreign partners to study construction of Ho Chi Minh City's Metro Line 2 and a railway connecting Vung Ang Economic Zone in central Vietnam to Vientiane.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thap Cham-Dalat railway line to be restored

Thap Cham-Dalat railway line to be restored

The Ministry of Transport has allowed a private company to conduct a pre-feasibility study for restoring the Thap Cham-Dalat Railway in a public-private partnership project.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Economist underlines railway necessity for Mekong Delta development

Economist underlines railway necessity for Mekong Delta development

A railway route linking Ho Chi Minh City, Vietnam’s southern economic hub, with Mekong Delta is essential for the major agricultural region to take off, said a senior economist.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hanoi metro projects a thorn in the flesh

Hanoi metro projects a thorn in the flesh

After enormous public outcry over record-high extra cost and record-long delay, Hanoi’s first metro line, Cat Linh-Ha Dong, finally came into operation, thanks God.

Opinion - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hanoi’s second metro line project to drag on to 2029

Hanoi’s second metro line project to drag on to 2029

Hanoi Urban Railway Management Board has proposed to delay the Nhon-Hanoi Station urban railway project for seven years and an extra investment capital expenditure of over $200 million.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC-Long Thanh airport railway project seeks foreign investors

HCMC-Long Thanh airport railway project seeks foreign investors

A 38 km light railway connecting Ho Chi Minh City’s Thu Thiem urban area with Long Thanh international airport in Dong Nai province is seeking foreign investors.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7