The Yên Viên – Phả Lại – Hạ Long – Cái Lân railway project, approved in 2004 but suspended since 2011 due to cuts in public investment, is being revived. The project has a total investment of about 9,989 billion VND, expected to be completed by 2031, shifting from freight to passenger transport. Vingroup proposes to build a high-speed railway from Hanoi to Quảng Ninh, 120.9 km long, with a speed of 350 km/h and a total investment of $5.4 billion, to connect with existing infrastructure. The group also has plans for several large-scale railway projects in Vietnam, including the North-South high-speed railway with an investment of up to 1.7 trillion VND. They propose a metro route from Ho Chi Minh City to Cần Giờ, 48.5 km long, costing approximately $4.09 billion. Vingroup is playing a crucial role in reviving Vietnam’s transportation infrastructure after many years of stagnation.
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