There will be a North-South high-speed railway project passing through 20 provinces and cities with a running speed of up to 320km/h, the total investment for the project will reach more than 58 billion USD.
According to the Ministry of Transport, they plan to submit to the Politburo for consideration and opinions on the project investment policy in September. Since 2005, the Ministry of Transport has carried out many studies on developing high-speed railways in Vietnam.
According to reports, the high-speed railway project on the North-South axis is planned to be an electrified double-tracked railway, with a width of 1.435 mm, and 1,545km in length. The maximum operating speed is about 320km/h. The train uses distributed propulsion technology.
In order to ensure investment efficiency and balance in terms of capital and workforce, the Ministry of Transport also proposed a plan for investing in phases. Specifically, phase 1 invests in the Hanoi – Vinh section and the Nha Trang – Ho Chi Minh City section with a length of 665km, expected to be implemented around 2032.
Phase 2 invests in the Vinh – Nha Trang section to connect the whole route, 894km in length, with a total investment of 33.99 billion USD. Around 2040 the railway between Vinh – Da Nang will be put into operation, while the Da Nang – Nha Trang route will be put into operation somewhere around 2045 – 2050.