VinSpeed due to finish nation’s 1st high-speed lines before north-south rail project
Vietnam lacks high-speed rail, something Vingroup wants to change, with one project aiming to slash two-hour trips from Hanoi to 30 minutes. (Siemens)
LIEN HOANG
September 23, 2026 13:34 JST
HO CHI MINH CITY — Vingroup’s rail unit, VinSpeed, and German multinational Siemens have signed a deal for 10 bullet trains worth up to 1 billion euros ($1.1 billion) to be used on the Vietnamese company’s high-speed lines in Hanoi and Ho Chi Minh City.