Vietnam's Big Rail Dream: A Speedy Connection

Sat Nov 30 2024
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Vietnam has big plans to build a super-fast railway that will zip passengers from Hanoi to Ho Chi Minh City in just five hours. This massive project, costing a whopping US$67 billion, is set to transform the country's infrastructure and impress foreign investors. The railway will cover over 1, 500 kilometres, slashing the current 30-hour rail journey to a mere five. The national assembly has given the green light for this ambitious project, aiming to boost growth and attract more foreign businesses. Vietnam's roads are already busy, and railways are not up to speed, making this new line a game-changer. Although the country is popular with businesses looking for alternatives to China, poor infrastructure has been a significant hurdle. This high-speed railway could be just what Vietnam needs to overcome its infrastructure challenges. By reducing travel time and costs, it could open up new opportunities and make the country even more appealing to investors.