Minister of Transport Dinh La Thang has asked relevant agencies to study and make high-speed rail project north – south to the National Assembly before 2020.
According to railway development strategy approved by the Prime Minister earlier this year, by 2020, the transport sector will study new construction high-speed railway, sometimes suffering 1,435 m rail electrification on the North – South axis , preparation before these sections have transportation needs such as Hanoi – Vinh and Ho Chi Minh City – Nha Trang.
From 2020 to 2030, construction of the rail system train speeds of 160 km / h-200 km / h, double track 1,435 m size and upgrade the infrastructure to be able to exploit high-speed trains 350 km / h Future.
In 2010, Congress rejected the high-speed railway projects worth $ 56 billion by the Government. Besides the ideas that need to borrow money to invest to do right, then many objections because economic efficiency of the project is too low, too large capital accounts for more than half of Vietnam’s GDP.