Chairing the third meeting of the steering committee for national key railway projects, held both in-person and via videoconference with nine involved localities, the PM reviewed the progress made in the first half of 2025 and assessed the implementation of directives issued at the committee’s previous session.

Prime Minister Pham Minh Chinh chairs the third meeting of the steering committee for national key railway projects.

As head of the steering committee, PM Chinh reiterated the strategic direction outlined in the 13th National Party Congress, which emphasises the need to continue three strategic breakthroughs, with priority given to railway development and starting work on several sections of the North–South high-speed railway, improving transport connectivity with economic zones, industrial parks, seaports, and airports, and accelerating the pace of urban railway projects in Ha Noi and Ho Chi Minh City.

This approach is consistent with the Politburo's Conclusion No. 49, which charts Viet Nam’s railway transport development through 2030 and envisions a modern, synchronised network by 2050 to support rapid, sustainable socio-economic growth and help Viet Nam achieve the status of high-income developed country by 2045.

Highlighting the strategic importance of railway transport in the North–South economic axis, East–West corridors, and urban transit systems, the PM welcomed recent resolutions passed by the National Assembly (NA), including investment policies for the North–South high-speed railway and the Lao Cai–Ha Noi–Hai Phong route, as well as pilot mechanisms for expanding urban rail systems in Ha Noi and Ho Chi Minh City.

He also noted the significance of the revised Railway Law, recently adopted by the 15th NA at its 9th session, which introduces breakthrough policies to attract investment and resources.

PM Chinh stressed that the implementation must be timely, coordinated, and guided by the interests of the Party, State, and people, while ensuring transparency and accountability to prevent corruption, waste, and vested interests.

Since the steering committee’s second meeting, the Government has assigned 48 tasks to relevant ministries, agencies, and localities aimed at addressing obstacles and expediting project preparations.

To date, 23 tasks have been completed on schedule, 17 are underway as part of routine operations, seven are lagging behind, and one has yet to reach its deadline.

Private firms urged to fast-track documents for North-South railway construction

The Minister of Construction has requested VinSpeed High-Speed Rail Investment and Development JSC and Truong Hai Group Joint Stock Company (Thaco) to complete documents seeking approval of their proposals to invest in the North-South high-speed railway.

 

Viet Nam, France sign MoU to strengthen railway cooperation

Deputy Minister of Construction Nguyen Danh Huy had a working session in Ha Noi on May 27 with Director General of the French Development Agency (AFD) Rémy Rioux and representatives of the European Union Delegation in Viet Nam to discuss cooperation in transport and construction, within the framework of French President Emmanuel Macron’s visit to Viet Nam.

Truong Hai Group proposes 61 billion USD investment in North–South high-speed railway

The North–South high-speed rail line is expected to span approximately 1,541 kilometres, connecting Ngoc Hoi Station in Hanoi with Thu Thiem Station in Ho Chi Minh City, and traversing 20 provinces and centrally governed cities.

 

PM seeks PowerChina’s support for railway industry

Prime Minister Pham Minh Chinh has urged Power Construction Corporation of China (PowerChina) to boost cooperation with Vietnamese partners in clean energy and strategic infrastructure development, especially rail systems.

PM sets December 19 launch date for Lao Cai – Ha Noi – Hai Phong railway

Prime Minister Pham Minh Chinh has ordered all relevant ministries and agencies to speed up preparation to break ground on the Lao Cai – Ha Noi – Hai Phong railway line on December 19.

VinSpeed registers 61.35 billion USD investment for North–South high-speed railway

VinSpeed commits to mobilising 20% of the total capital, equivalent to 12.27 billion USD. For the remaining 80%, excluding costs related to compensation, relocation support, and resettlement for land clearance, the company proposed borrowing from the state budget, through zero-interest loans, repayable over a 35-year period from the disbursement date.