Vietnam's Vingroup Eyes Multi-Billion Dollar High-Speed Rail Project

Vietnam's Vingroup eyes multi-billion dollar high-speed rail project

HANOI: Vietnam's biggest conglomerate, Vingroup, said on Friday (May 16) 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 US$67 b

(Dan Tri) - Shares of Vinpearl, Vingroup or Vincom Retail related to billionaire Pham Nhat Vuong are still in green. Of which, Vinpearl increased the most.

Vingroup proposes high-speed railway to connect Hanoi and Ho Chi Minh City - Malaysia now

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Vietnam to consider Vinspeed proposal to build high-speed railway

HANOI, May 15 — The Vietnamese government will consider a proposal from Vinspeed, a company established by billionaire Phạm Nhật Vượng, to develop a high-speed railway running the length of the country, according to a government document. Lawmakers in the Southeast Asian industrial hub in November approved a US$67 billion (RM286.9 billion) plan to build the 1,541km railway line linking the capital Hanoi with business hub Ho Chi Minh City. The do…

VinSpeed, led by billionaire Pham Nhat Vuong, unveils ambitious $61B high-speed rail initiative.

read the original version on: www.retailnews.asia VinSpeed, a company established by Vietnam’s wealthiest individual, Pham Nhat Vuong, has unveiled an ambitious plan to construct a North–South high-speed railway, projected to cost a staggering VND1.56 quadrillion (US$61 billion). This monumental project aims to be completed by 2030, setting the stage for Vietnam’s modern railway industry while invigorating regional economies. As part of […] The …

Vingroup-backed VinSpeed wins initial backing for US$61.3 billion express rail project

Vingroup-backed VinSpeed has secured preliminary support from the Vietnamese government to invest in the North-South high-speed railway project, with a total investment of US$61.3 billion.