Huge opportunities with North-South high-speed rail in Hanoi

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Huge opportunities with North-South high-speed rail in Hanoi
Huge OpportunitiesNorth-South High-Speed RailHanoi
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PETALING JAYA: G. Shanti’s 31-year-old 100m national record in Malaysian athletics is finally broken.

GLIMPSE OF THE FUTURE: Vietnam will not rely heavily on foreign loans when implementing the North-South high-speed railway project. - Photo: vtv.vn

Travelling between these cities will be reduced to 1 hr 18 mins, 2 hrs 42 mins, and 4 hrs 18 mins, respectively. In some cases, journeys by train will even be quicker than flying, considering the time spent waiting at airports and going through security. The Ministry of Transport emphasises that the railway will boost the competitiveness of the economy by improving the efficiency of transport and reducing travel costs.

“With a spirit of independence and self-reliance, the Politburo has decided that we will not rely heavily on foreign loans. Borrowing from other countries often comes with conditions, and we want to avoid that,” Huy said. As for which country’s technology would be chosen for the high-speed railway, Huy said that this decision would depend on the conditions of the technology transfer and the level of support offered.

To meet these demands, a portion of the workforce will receive training as soon as the project is approved. This training will focus on studying the type of technology to be used, project management, and overseeing the project’s various stages.

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Huge Opportunities North-South High-Speed Rail Hanoi

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