Vietnam to adopt special policies for railway investment and development

Vietnam to adopt special policies for railway investment and development

The government issued a resolution on June 9 on draft amendments to the Law on Railways, adding specific policies for railway infrastructure projects.
Vietnam Railways and KORAIL strengthen cooperation

Vietnam Railways and KORAIL strengthen cooperation

The Vietnam Railway College, under Vietnam Railways (VNR), and KORAIL signed an MoU on May 30 to strengthen future cooperation.
Legislation outlines rail overhaul vision

Legislation outlines rail overhaul vision

Vietnam’s railway industry begins to enter a transformative era where its plans, resilience, and latest bold actions are converging to create unprecedented opportunities for private capital.
Standardisation to aid industries in high-speed rail

Standardisation to aid industries in high-speed rail

Vietnam’s aviation is expected to continue its recovery in the upcoming months. At the same time, the expansion of domestic and regional airlines’ fleets and the reduction in fuel prices will be the basis for reducing airfares.
Vietnam welcomes Chinese firms' engagement in high-speed railway projects: Deputy PM

Vietnam welcomes Chinese firms' engagement in high-speed railway projects: Deputy PM

Vietnam welcomes Chinese enterprises, including the CCECC, to actively collaborate with Vietnamese firms to improve competitiveness in terms of technology, quality, and cost-efficiency as they engage in the investment and construction of high-speed rail lines in Vietnam.
New initiatives push railway development to next level

New initiatives push railway development to next level

While Vietnam’s railway development is travelling in the right direction, the outlook remains complex in terms of sufficient investment.
Incentives must be sufficient for railway progress

Incentives must be sufficient for railway progress

Vietnam’s ongoing draft of the revised Railway Law represents a significant step towards modernising the country’s rail infrastructure and creating a legal framework that could potentially accelerate the development of high-speed rail, conventional networks, and mass rapid transit systems.
Construction of North-South high-speed railway to start in 2026: PM

Construction of North-South high-speed railway to start in 2026: PM

Regarding the North-South high-speed railway, Prime Minister Chinh reiterated that under Resolution No. 106/NQ-CP, the Government has approved the overall implementation plan, ensuring construction starts no later than December 2026
Vietnam’s railways to attain rise in private participation

Vietnam’s railways to attain rise in private participation

While amendments to the law regarding railways are expected to give domestic and international businesses a legal thumb-ups, it will still take time for the industry to develop fully.
Slew of improvements in proposed railway rules

Slew of improvements in proposed railway rules

Amendments to the Law on Railway are necessary to institutionalise the Party’s policy, create breakthroughs for development, and solve existing limitations in implementation.
Funding policy takes shape for new railway

Funding policy takes shape for new railway

Vietnam’s construction of a modern railway in the north will not affect the country’s public debt safety, but will offer special incentives.
Railway plans for north set for adoption

Railway plans for north set for adoption

Vietnam will construct a modern railway in the north, helping to boost socioeconomic development and facilitating the transportation of goods between Vietnam and China.
Vietnam aims for high-speed rail in 2035

Vietnam aims for high-speed rail in 2035

Vietnam has made progress in advancing its long-anticipated North-South high-speed railway project, paving the way for greater private sector involvement.
Local groups poised to work on $67-billion railway

Local groups poised to work on $67-billion railway

Several domestic enterprises are stepping forward to join the building materials and manufacturing segments for the North-South high-speed railway project.
Major railway requires debt considerations

Major railway requires debt considerations

Concerns have been raised regarding the investment capital schemes and public debt safety for the national project to construct the North-South high-speed railway, an iconic venture anticipated to boost economic growth significantly.
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