An illustration of a high-speed railway project is shown in an undated handout image. Those include a proposed Olympic sports urban complex in Hanoi covering more than 9,000 hectares, as well as major transport links such as the Ben Thanh–Can Gio and Hanoi–Quang Ninh high-speed rail lines. Vingroup is also pursuing large-scale industrial and energy ventures, including steel production, wind power, and an LNG power plant. The firm added that its withdrawal would not affect progress on the North–South high-speed rail project, which has attracted interest from other domestic investors with relevant experience. VinSpeed, a Vingroup-affiliated infrastructure developer, previously estimated the North–South high-speed rail project to cost about VND1.562 quadrillion ($60.2 billion), excluding land clearance and resettlement.

Source: Tuoitre News December 25, 2025 09:29 UTC