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Fan Mingzheng pointed out that the large-scale and technically complex construction of new railway infrastructure projects is an unprecedented challenge for Vietnam. However, it is precisely this challenge that forces Vietnam to establish its own railway industry system. This is not only to meet the current and future needs of railway construction, but also to enhance the independent innovation capability of railway technology and promote the upgrading of related industries.
In terms of specific project promotion, Fan Mingzheng has put forward clear requirements. The total length of the North South high-speed railway project1541 kilometers per hour, designed to reach a speed of 350 kilometers per hour, with a preliminary estimated total investment of approximatelysix hundred and eighty-six point sevena hundred millionbeautifulYuan. He demanded that the relevant departments mustStart construction before December 2026. At the same time, the Laojie Hanoi Haiphong railway line is also being intensively prepared, with a total length of 390.9 kilometers for the main line and 27.9 kilometers for the branch line, with a total investment ofeighty-five point oneBillion Singapore dollars. In addition, urban railway projects in Hanoi and Ho Chi Minh City are also being promoted simultaneously, with separate plans being made15 and 10 routes aim to alleviate urban traffic pressure and improve public transportation efficiency.
Fan Mingzheng emphasized that transportation infrastructure is the vanguard of economic and social development. A complete railway network will expand new development space for local areas, effectively alleviate travel pressure, reduce logistics and investment costs, enhance product competitiveness, and attract more investment. This fully demonstrates the high importance that the Vietnamese government attaches to the construction of transportation infrastructure, viewing it as an important support for promoting economic growth and social progress.
To achieveThe economic growth target of at least 5% by 2025 and maintaining double-digit growth thereafter, Fan Mingzheng stated that he will increase public investment efforts. He believes that the construction of the railway industry system and the improvement of transportation infrastructure are the key paths to achieving this goal. The Vietnamese government has shown firm determination and clear strategic direction, committed to building the railway industry into a new economic growth pole for the country through independent innovation and large-scale investment.
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