Log in
Property

Vietnam to commence North-South express railway construction in 2028-2029

By 2050, Vietnam would have a network of 25 railway routes with a total length of 6,354 kilometers.

Vietnam plans to construct the Hanoi-Vinh and Nha Trang – Ho Chi Minh City, the first two sections of the North-South express railway project in the 2028-2029 period.

  The North-South express railway is set to be completed by 2050. Photo: Lam Anh

Minister of Transport Nguyen Van The unveiled at the conference marking the launch of railway planning for the 2021-2030 period, with a vision to 2050, on November 1.

“In case the project is approved in this Government term [2021-2026], the ministry would focus on design and site clearance so that the construction works can start from the 2028-2029 period,” The added.

Along with the first two sections, Vietnam would prioritize the construction of certain railway routes connecting major seaports that serve as the country’s international gateways in the northern city of Haiphong and the southern of Ba Ria – Vung Tau; connecting Ho Chi Minh City and Cantho, and international destinations of China, Laos or Cambodia.

Given the expectation that the North-South express railway would be completed by 2050, Vietnam would have a network of 25 railway routes with a total length of 6,354 kilometers, including those starting from Hanoi, Ho Chi Minh City, or connecting between seaports, industrial parks, and economic zones.

This would consist of seven existing railway routes with a length of 2,440 kilometers and nine new routes of 2,362 kilometers.

To realize those goals, The noted total investment capital until 2030  estimated at VND240 trillion (US$10.5 billion) would be needed and sourced from the state budget, private sector, and other legal funds.

The planning also expects the railway sector to carry a total freight of 11.8 million tons, or 0.27% of the total, and handle a passenger volume of 460 million, or 4.40%.

According to The, this is the first time that Vietnam carries out five transportation planning of aviation, road, railway, inland waterway, and maritime simultaneously.

So far, the Government has approved three, namely road, railway, and maritime, while the remaining two are in the final stage of completion.

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam tightens social housing rules, orders recovery from ineligible recipients

Vietnam tightens social housing rules, orders recovery from ineligible recipients

The prime minister has issued a new directive that requires authorities to recover social housing units sold to ineligible recipients and strengthen enforcement to prevent fraud and abuse.

Hanoi opens applications to buy former rental social housing units

Hanoi opens applications to buy former rental social housing units

Social homes having been rented for two years on the city's outskirts are now available for public interest.

Hanoi puts all land information services online to modernize public administration

Hanoi puts all land information services online to modernize public administration

Hanoi shifts all land-information procedures to a fully online platform, speeding up digital transformation, reducing costs and expanding transparency for residents and businesses.

Surging housing prices trigger urgent calls for stronger market and policy reforms

Surging housing prices trigger urgent calls for stronger market and policy reforms

Vietnam faces steep housing price increases due to shrinking supply, rising speculation and slow legal reforms, prompting a call for urgent policy action and expanded affordable housing.

Hanoi apartment market heads for major supply surge beginning in 2026

Hanoi apartment market heads for major supply surge beginning in 2026

Hanoi’s apartment market is entering a new growth phase with a strong supply wave expected from 2026 as major projects launch across all segments from social housing to high-end developments.

Two social housing projects offered for sale as Hanoi strives to meet mounting demand

Two social housing projects offered for sale as Hanoi strives to meet mounting demand

Hanoi launches sales for CT-05 and CT-06 social housing projects in Quang Minh Commune, offering low-cost units as the city faces rising housing pressure.

Vietnam creates National Housing Development Fund to boost social housing supply by 2030

Vietnam creates National Housing Development Fund to boost social housing supply by 2030

Vietnam has taken a major step toward expanding affordable housing by establishing the National Housing Development Fund, a new financial mechanism designed to accelerate social housing development and stabilize the property market.

Hanoi to see sharp jump in land prices under new 2026 pricing framework

Hanoi to see sharp jump in land prices under new 2026 pricing framework

The sharp increases raise concerns over affordability, investment risks and shifting market behavior as land values climb across diverse areas of the city.