high-speed railway

Vingroup’s rail retreat sparks VN-Index rout, exposes strain in Vietnam’s mega-project push

The move raises concerns about private-sector limits, after recent exits by other private developers

In addition to Vingroup, investors including Thaco, Vietnam Railways and Vietnam Investment and Development Group have shown interest in the high-speed rail project.

Vietnam’s Vingroup to withdraw bid for US$67 billion North-South high-speed railway

The government has said the winner of the project will be announced in January

Together, the "Vin trio" make up more than a fifth of the Ho Chi Minh City Stock Exchange’s total market capitalisation.

Vietnam’s stock-market rally has one name behind it

Vingroup and its two listed offshoots are behind much of the VN-Index’s 36% gain this year

The contenders for developing the critical infrastructure, which will run the length of Vienam to connect its largest cities and metropolises, Hanoi (above) and Ho Chi Minh City, include VinSpeed and Truong Hai Group.

Vietnam’s most ambitious US$67 billion North-South high-speed railway faces funding conundrum

Whether private firms can play a role in easing the state’s financial burden for this large-scale project remains uncertain

Ho Chi Minh City is racing to complete 10 urban railway lines by 2035.

Vietnam’s US$40 billion metro boom in Ho Chi Minh City

The race is on to build HCMC’s metro network, which is set to reshape the country’s largest city

Passengers boarding a high- speed train in Dalian, in northeastern Liaoning province. In July and August, a record 943 million passenger trips were taken on China’s railways, up 4.7% year on year.

China’s travellers return, but their spending stays home

While many favour shorter trips to nearby destinations like Japan, long-haul travel to Europe also registers a rebound

A HSR project linking Kuala Lumpur (pictured) with Singapore is estimated to cost well north of RM80 billion.
THINKING ALOUD

High-speed rail link proposal gets yet another airing

There is considerable Malaysian opposition to the prospect of a HSR between Singapore and Kuala Lumpur. Who would foot the bill?

Workers operate a piece of measuring equipment at the HS2 rail Curzon Street Station construction site in Birmingham, Britain, October 3, 2022. The project’s estimated costs have almost tripled to more than £100 billion (S$173.6 billion) from £37.5 billion in 2013, making it one of the world’s most expensive lines.

UK’s high-speed rail faces new delays, deemed ‘appalling mess’

[LONDON] Britain’s transport secretary on Wednesday announced further delays to the country’s new high-speed HS2 train line, describing the project as an “appalling mess” amid soaring costs.

Modi also inaugurated infrastructure projects worth 460 billion rupees (S$6.89 billion) in the city of Katra in Jammu and Kashmir.

Modi launches US$5.4 billion rail project in Jammu and Kashmir

It will be the world’s tallest railway bridge connecting the restive Kashmir valley with the rest of the country

Vietnam plans to begin construction of the US$67 billion high-speed railway in 2026 and put it into operation from 2035. The bullet train will travel about 1,500 kilometres across 20 cities and provinces at a speed of 350 kilometres an hour.

Vingroup-backed VinSpeed wins initial backing for US$61.3 billion express rail project

The company is committing to contribute 20% of the total investment into the megaproject