High-Speed Rail Connectivity: Vietnam’s Plan to Boost National Competitiveness Through Multimodal Transport Systems

The North-South High-Speed Railway project, spanning over 1,500 km, is expected to be implemented by 2026-2027, as announced by Minister of Transport Nguyen Van Thang. During a recent meeting with Prime Minister Pham Minh Chinh and Chairman Lou Qiliang of China Railway Signal Information Corporation (CRSC), the Minister highlighted Vietnam’s plan to develop a high-speed railway system from North to South before 2030.

Vietnam aims to expand its highway network to 3,000 km by 2025 and 5,000 km by 2030 while investing in railway infrastructure. The completion of projects like the North-South high-speed railway will enhance the country’s multimodal transport system, boosting national competitiveness. Prime Minister Chinh emphasized China’s expertise in high-speed and urban railways, hoping for collaboration on various railway projects connecting the two countries.

CRSC expressed interest in cooperating with Vietnam, particularly in research, development, and training for railway projects. Prime Minister Chinh agreed on the importance of human resources in railway development and called for further discussions to advance cooperation between the two countries. The ongoing railway projects between Vietnam and China include the Lao Cai-Hanoi-Hai Phong route set to be completed by mid-2025.

Minister Thang proposed collaboration on standard gauge railway projects linking strategic locations for economic growth. With CRSC operating in multiple countries, including prominent railway projects, Vietnam looks forward to fruitful partnerships in railway development through public-private partnerships (PPP).