The 5.6 billion USD project, with a maximum design speed of up to 350 km/h, will shorten travel time between Hanoi and Quang Ninh to 23 minutes.
Invested by VinSpeed High-Speed Railway Investment and Development Joint Stock Company (Vingroup), it will run through Hanoi, Bac Ninh, Hai Phong, and Quang Ninh, with a total length of over 120 km.
As the first inter-regional high-speed railway project to be implemented in Vietnam, the project will be completed and put into commercial operation in 2028.
Representing the investor, Nguyen Viet Quang, Vice Chairman and CEO of Vingroup, said, "With its superior travel speed, the project will open up an efficient connection axis between the capital city and industrial, logistics, and tourism centers in the key economic region of the north. It will contribute to promoting trade, investment, and the movement of high-quality labor, while creating conditions for localities to develop in a more closely linked direction."
