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@ News - South China Morning Post (RSS Feed)
2025-06-02 09:30:10
The US$67 billion question: who will fund Vietnam’s North-South express railway?
Two of Vietnam’s largest conglomerates are vying to lead the country’s largest infrastructure project to date: a US$67 billion high-speed railway linking the northern capital, Hanoi, with the southern economic hub of Ho Chi Minh City.
Vingroup and Truong Hai Group Corporation (Thaco) have entered bids to build the more than 1,500km (930-mile) North–South high-speed rail line. But both are seeking substantial state support – either in the form of massive interest-free loans or government-backed...
https://cdn.i-scmp.com/sites/default/files/styles/1280x720/public/d8/images/canvas/2025/06/02/f3c3a766-f9e9-4ff1-acac-f27263d519fe_9f19210d.jpg
https://www.scmp.com/week-asia/economics/article/3312733/vietnams-us67-billion-north-south-high-speed-railway-privately-built-public-money?utm_source=rss_feed