VinSpeed will invest in the central railway from Ho Chi Minh City to Can Gio with direct capital.

Vingroup Corporation proposes to invest in a high-speed urban railway project from the center of Ho Chi Minh City to Can Gio - Photo: CHAU TUAN

Vice Chairman of the Ho Chi Minh City People's Committee Bui Xuan Cuong assigned the Department of Finance to urgently urge investors to complete the investment proposal for the high-speed urban railway project connecting the center of Ho Chi Minh City with Can Gio according to regulations.

At the same time, preside over and coordinate with the Department of Construction and relevant units to review relevant legal regulations in the railway sector, advise and propose investment processes and procedures for urban railway projects proposed by investors (not using budget capital); report to the Ho Chi Minh City People's Committee in July 2025.

Previously, on June 2, the Department of Finance chaired a working session with the Department of Construction, the Department of Agriculture and Environment... along with Vingroup Corporation and VinSpeed High-Speed Railway Investment and Development Joint Stock Company on the proposal to invest in a high-speed urban railway connecting the center of Ho Chi Minh City with Can Gio.

Through the meeting, after listening to the opinions of the departments, the investor proposed to implement the project investment with direct capital according to the investment law. Therefore, the Department of Finance requested the investor to complete the project investment proposal and submit it to the Department of Finance for consideration and appraisal according to the regulations.

According to the Department of Finance, the investor is currently completing the project investment proposal. After receiving the documents, the Department of Finance will organize the appraisal of the investment project.

According to the plan, the urban railway line connecting the center to Can Gio (line 12) is 48.7km long. The starting point is at Nguyen Van Linh Street (between the intersection with Nguyen Thi Thap Street and Ly Phuc Man Street), and the end point is at the 39ha land adjacent to the Can Gio coastal urban tourism project.

Currently, the investor is conducting surveys and preparing project proposals according to the city's policy.

Recently, the National Assembly passed the Railway Law 2025, adding a number of specific mechanisms and policies to invest in the development of railways and urban railways. Special attention is paid to attracting private enterprises to invest in railways, including urban railways.

Thus, along with other railway and urban railway projects in Ho Chi Minh City that are being implemented, the high-speed urban railway connecting the center with Can Gio will immediately apply special mechanisms to speed up the project's progress.

VinSpeed recruits human resources for high-speed railway to Can Gio and Hanoi - Quang Ninh

Previously, a representative of VinSpeed High-Speed Railway Investment and Development Joint Stock Company said that it is actively recruiting personnel to implement the Ho Chi Minh City - Can Gio and Hanoi - Quang Ninh high-speed railway projects.

For the North-South high-speed railway project, the company is waiting for the Government's decision to approve the investor.

Accordingly, VinSpeed Company is recruiting positions including senior BIM engineer; BIM Manager/head of BIM department; Technology transfer specialist/senior specialist (technology transfer); technology manager/head of technology department - railway; senior construction engineer - tunnel/bridge works; senior construction engineer - railway; electromechanical engineer - railway signaling information system; Technical manager/head of technical department - railway...

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Source: https://tuoitre.vn/vinspeed-de-xuat-dau-tu-duong-sat-noi-trung-tam-tp-hcm-di-can-gio-bang-nguon-von-truc-tiep-20250718095026.htm