Vietnam plans to have nine new rail lines, measuring 2,362 kilometers in length, by 2030 as it seeks to modernize its obsolete transport network.
The total capital required for these projects amounts to 240,000 billion dong ($ 10.3 million), which is expected to come from state coffers and private investors.
The larger route would link Hanoi to Ho Chi Minh City, covering 1,545 kilometers, according to the plan approved by the government for the period 2021-2030.
The Ministry of Transport has proposed that two sections be given priority on this route: from Hanoi to the central city of Vinh and from HCMC to the central city of Nha Trang.
There will be three roads in the north, connecting Hanoi with the tourist hotspot Ha Long and the port city of Hai Phong. Another route will follow the eastern limit of the capital.
A route is planned for the central region, connecting the port of Vung Ang in Ha Tinh province to the border with Laos.
There will be four roads in the south, with one connecting Bien Hoa town in Dong Nai province to Vung Tau province. Two roads will connect HCMC to the city of Can Tho and the Cambodian border. The remaining route would connect HCMC Thu Thiem Station to Long Thanh International Airport in Dong Nai.
The rail sector aims to transport 11.8 million tonnes of goods per year by 2030, or 0.27% of total goods transported.
It plans to carry 460 million passengers, or 4.4%.
By 2050, the country is expected to have 25 rail lines covering 6,354 kilometers. It now has seven routes covering 2,440 kilometers.
The Vietnamese rail network has not benefited from major improvements for decades and has lost its competitiveness in favor of roads and aviation, which are preferred for speed and convenience.