Hanoi, May 16, 2025 (AFP) - Vietnam's Vingroup eyes multi-billion dollar high-speed rail project

NAMPA / AFP

2025-05-16

Vietnam's biggest conglomerate, Vingroup, said Friday it had submitted a proposal to build the country's multi-billion-dollar high-speed railway from Hanoi to Ho Chi Minh City, with state media reporting the government had welcomed the plan. The project -- which was slated to cost $67 billion when it was approved in November -- is a much-needed boost to infrastructure that is expected to drive growth and enhance Vietnam's reputation among foreign......

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