Vietnam approves $67 billion high-speed railway project

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Vietnam approves $67 billion high-speed railway project
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Vietnam has approved the construction of a high-speed railway connecting the capital Hanoi in the north with the financial capital of Ho Chi Minh in the south

Vietnam on Saturday approved the construction of a high-speed railway connecting the capital Hanoi in the north to Ho Chi Minh city in the south at an estimated cost of $67 billion.

The train will pass through 20 provinces and cities, with 23 passenger stations and five freight stations along the way. It will transport both people and goods and will also service defense purposes, state media said.

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