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Prime Minister requests study of Vinspeed's high-speed railway proposal

Prime Minister Pham Minh Chinh requested relevant agencies to study Vinspeed Company's proposal on the North-South high-speed railway and report to competent authorities.

VTC NewsVTC News20/05/2025

Concluding the meeting of the Steering Committee for key works and important national projects in the railway sector on the evening of May 20, Prime Minister Pham Minh Chinh requested the Ministry of Construction , the Ministry of Finance, the State Bank and relevant agencies to study the proposals of Vinspeed Company and report to competent authorities, according to the Government Electronic Newspaper .

Prime Minister Pham Minh Chinh requested to study Vinspeed's proposal on building a high-speed railway. (Photo: Government Newspaper)

Prime Minister Pham Minh Chinh requested to study Vinspeed's proposal on building a high-speed railway. (Photo: Government Newspaper)

Regarding the investment project to build the Lao Cai - Hanoi - Hai Phong railway line, nearly 419km long, with a total investment of more than 8.3 billion USD, the Ministry of Construction said that the investor has completed the design of the land clearance boundary, the coordinates of the center line and stations; and completed the work of reviewing, measuring and adjusting the route direction.

To start construction of the Lao Cai - Hanoi - Hai Phong railway on December 19 at 5 locations, the Prime Minister requested the Ministry of Construction to base on this target to build a detailed schedule and report to Deputy Prime Minister Tran Hong Ha to assign specific tasks to each relevant ministry and branch.

The Prime Minister requested to have many options, mobilizing diverse capital sources such as loans, bank capital, bond capital, public investment, and public-private partnership capital to implement projects.

Regarding technology transfer, the Prime Minister emphasized that this is a very core issue, and it is necessary to continue negotiating with partners to focus on transferring in two important areas: locomotive production and signal information systems.

Regarding human resource training, according to the Prime Minister, it is necessary to develop short-term, medium-term, and long-term training plans for three levels: technical workers, engineers, and doctors.

The Prime Minister requested ministries, sectors and localities to coordinate in handling issues and problems related to technology, geology, land and site clearance. The Ministry of Foreign Affairs should continue to promote cooperation in implementing connecting railway lines in the spirit of the Vietnam-China Joint Statement.

The Prime Minister emphasized that ministries and branches must carry out their work urgently, seriously, and scientifically, based on their functions, tasks, and powers, assigning "clearly to people, clear about work, clear about time, clear about results, clear about responsibilities, and clear about authority" , under the direction of Deputy Prime Minister Tran Hong Ha, and report progress to the Prime Minister every Monday.

PHAM DUY

Source: https://vtcnews.vn/thu-tuong-yeu-cau-nghien-cuu-de-xuat-duong-sat-toc-do-cao-cua-vinspeed-ar944286.html


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