Log in
Econ

Vietnam to have additional 18 railway routes by 2050

Seven current railway routes are being upgraded in the 2021-2030 period.

Vietnam national railway network would have another 18 major routes with a length of more than 3,00km by 2050.

 Vietnam may have 25 railway routes by 2025. HNT Photo: Nguyen Quy

With 18 new routes, the national railway network will have 25 major lines with a total length of 6,409km, according to the draft planning on railway development in the 2021-2030 period with a vision to 2050 submitted by the Ministry of Transport (MoT).


Among 25 major routes, seven existing routes with a length of nearly 2,500km are Hanoi-Ho Chi Minh City, Hanoi-Lao Cai, Hanoi (Gia Lam Station)-Haiphong, Hanoi (Dong Anh Station)-Thai Nguyen (Quan Trieu Station), Hanoi (Yen Vien Station)-Lang Son (Dong Dang Station), Kep-Chi Linh, and Kep-Luu Xa.


The top priority projects for capital allocation are the North-South high-speed railway including two routes of Hanoi-Vinh, HCMC-Nha Trang, those of Bien Hoa-Vung Tau, Vung Ang-Tan Ap-Mu Gia, Di An-Loc Ninh, HCMC-Cantho, Lao Cai-Hanoi-Haiphong, and Hanoi-Dong Dang.


In the 2021-30 period, the draft planning proposed to prioritize the allocation of investment capital to complete the two routes of Vinh - Danang by 2040 and Danang-Nha Trang by 2050.


During the period, the MoT also expected to complete the construction of the routes of Yen Vien-Pha Lai-Ha Long-Cai Lan seaport as well as the one connecting with Lach Huyen International Gateway Port, and build inter-regional railways including Ngoc Hoi-Lac Dao-Bac Hong, Thu Thiem-Long Thanh.


For the period of 2030-50,  intra- and inter-regional railways will be developed based on demand which includes Nam Dinh-Thai Binh-Haiphong-Quang Ninh (Ha Long) coastal railway, Ha Long-Mong Cai, Thai Nguyen-Tuyen Quang-Yen Bai, My Thuy Port-Dong Ha-Lao Bao connecting with the neighboring country of Laos.


The draft estimated about VND240 trillion (US$10.4 billion) will be needed for both upgrading existing railway routes and building new ones. The fund will be mobilized from the state budget and other sources.

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam urges seller identification to combat e-commerce counterfeiting

Vietnam urges seller identification to combat e-commerce counterfeiting

The fight against counterfeit, prohibited, and IPR-infringing products is becoming increasingly tough.

Vietnamese employers embrace flexible working models

Vietnamese employers embrace flexible working models

Reports from recruitment firms highlight the increasing use of AI in hiring.

Tax deferral matters for Vietnamese businesses

Tax deferral matters for Vietnamese businesses

Delaying tax obligations allows firms to retain funds for reinvestment, largely contributing to the country's 8% economic growth target.

AlSC 2025 to connect local businesses with global AI opportunities

AlSC 2025 to connect local businesses with global AI opportunities

The five-day international event, themed "Innovating Futures: AI & Semiconductors Globally," is expected to provide local businesses with meaningful connections with global companies, facilitate the exchange of knowledge and experience in AI and semiconductors.

Hanoi unveils 2025 international integration plan

Hanoi unveils 2025 international integration plan

Hanoi has laid out a comprehensive plan for international integration through 2025, focusing on expanding global partnerships, enhancing economic competitiveness, and maximizing opportunities from free trade agreements.

Vietnam scales back plan to boost offshore wind

Vietnam scales back plan to boost offshore wind

The World Bank has estimated Vietnam’s offshore wind potential at around 600 GW, with projections that the sector could provide 12% of the country’s total electricity generation by 2035.

US firms in Vietnam concern potential export tariffs

US firms in Vietnam concern potential export tariffs

The American Chamber of Commerce in Vietnam has urged policymakers to continue dialogue to find solutions that support sustainable economic growth and minimize trade disruptions.

Vietnam’s hi-tech firms urged to master semiconductors, AI technologies

Vietnam’s hi-tech firms urged to master semiconductors, AI technologies

Only with big tasks can Vietnamese enterprises grow into giants.