Vingroup Launches Hanoi–Quang Ninh High-Speed Railway Project

13 Apr 2026 CW Team

Designed with a maximum speed of up to 350 km/h, the railway is expected to reduce travel time between Hanoi and Quang Ninh by five to seven times, bringing it down to approximately 23 minutes.

The project is being developed by VinSpeed High-Speed Railway Investment and Development Joint Stock Company, a member of Vingroup. The total investment is estimated at over VND 147 trillion (more than USD 5.6 billion), excluding land clearance costs.

Spanning 120.2 km across four localities—Hanoi, Bac Ninh, Hai Phong and Quang Ninh—the railway will be built as a double-track, standard-gauge (1,435 mm), fully electrified line. While the maximum operating speed will reach 350 km/h, the section passing through Hanoi will operate at a maximum speed of 120 km/h.

The project will use next-generation high-speed trains and advanced signalling and communication systems supplied by Siemens Mobility (Germany), with a roadmap for technology transfer to VinSpeed during operations.

The railway will begin at Co Loa Station within the Vietnam National Exhibition Center at Vinhomes Global Gate Hanoi and terminate at Ha Long Station within Globe Forest Park at Vinhomes Global Gate Ha Long. It will include three intermediate stations—Gia Binh (Bac Ninh), Ninh Xa (Hai Phong) and Yen Tu (Quang Ninh)—along with a depot located at the Ha Long terminal station.

Speaking at the launch ceremony, Bui Van Khang, Deputy Secretary of the Provincial Party Committee and Chairman, People’s Committee of Quang Ninh Province, said, "The Hanoi – Quang Ninh high-speed railway is a mega-project that carries significant expectations..."

Representing the investor, Nguyen Viet Quang, Vice Chairman and Chief Executive Officer, Vingroup, said, "Today's launch ceremony for the Hanoi – Quang Ninh high-speed railway affirms Vingroup's strong commitment to contributing to infrastructure development..."

Michael Peter, Global CEO, Siemens Mobility, said, "We are committed to bring to Vietnam the world's most advanced, safest, and most efficient high-speed rail system..."

VinSpeed’s Hanoi–Quang Ninh line is its second major high-speed railway project. In December 2025, the company broke ground on the Ben Thanh–Can Gio railway line in Ho Chi Minh City, which is also scheduled for completion in the fourth quarter of 2028.

The new inter-regional railway is expected to boost connectivity across Vietnam’s Northern Key Economic Region and support the country’s broader push toward modern, investor-friendly transport infrastructure.

The People’s Committee of Quang Ninh Province, in coordination with Vingroup and the People’s Committees of Hanoi, Hai Phong and Bac Ninh, has officially launched the Hanoi–Quang Ninh high-speed railway project, which is expected to be completed and operational by the end of 2028.Designed with a maximum speed of up to 350 km/h, the railway is expected to reduce travel time between Hanoi and Quang Ninh by five to seven times, bringing it down to approximately 23 minutes.The project is being developed by VinSpeed High-Speed Railway Investment and Development Joint Stock Company, a member of Vingroup. The total investment is estimated at over VND 147 trillion (more than USD 5.6 billion), excluding land clearance costs.Spanning 120.2 km across four localities—Hanoi, Bac Ninh, Hai Phong and Quang Ninh—the railway will be built as a double-track, standard-gauge (1,435 mm), fully electrified line. While the maximum operating speed will reach 350 km/h, the section passing through Hanoi will operate at a maximum speed of 120 km/h.The project will use next-generation high-speed trains and advanced signalling and communication systems supplied by Siemens Mobility (Germany), with a roadmap for technology transfer to VinSpeed during operations.The railway will begin at Co Loa Station within the Vietnam National Exhibition Center at Vinhomes Global Gate Hanoi and terminate at Ha Long Station within Globe Forest Park at Vinhomes Global Gate Ha Long. It will include three intermediate stations—Gia Binh (Bac Ninh), Ninh Xa (Hai Phong) and Yen Tu (Quang Ninh)—along with a depot located at the Ha Long terminal station.Speaking at the launch ceremony, Bui Van Khang, Deputy Secretary of the Provincial Party Committee and Chairman, People’s Committee of Quang Ninh Province, said, The Hanoi – Quang Ninh high-speed railway is a mega-project that carries significant expectations...Representing the investor, Nguyen Viet Quang, Vice Chairman and Chief Executive Officer, Vingroup, said, Today's launch ceremony for the Hanoi – Quang Ninh high-speed railway affirms Vingroup's strong commitment to contributing to infrastructure development...Michael Peter, Global CEO, Siemens Mobility, said, We are committed to bring to Vietnam the world's most advanced, safest, and most efficient high-speed rail system...VinSpeed’s Hanoi–Quang Ninh line is its second major high-speed railway project. In December 2025, the company broke ground on the Ben Thanh–Can Gio railway line in Ho Chi Minh City, which is also scheduled for completion in the fourth quarter of 2028.The new inter-regional railway is expected to boost connectivity across Vietnam’s Northern Key Economic Region and support the country’s broader push toward modern, investor-friendly transport infrastructure.

Technology

12 Jun 2026

LTTS Partners with Databricks to Advance Industrial AI

L&T Technology Services (LTTS) has entered a strategic partnership with Databricks to co-develop Industrial AI solutions for asset-intensive industries, including energy, petrochemicals, and manufacturing. The collaboration leverages LTTS’ engineering expertise across 600+ major plants with Databricks’ AI and analytics platform to convert operational data into actionable Engineering Intelligence.The partnership will deliver solutions spanning Predictive Asset Reliability, Energy & Emissions Optimisation, Overall Equipment Effectiveness, Production and Quality Intelligence, and Sust..

Infrastructure Urban

12 Jun 2026

Opptra Partners with Unicommerce to Scale AI-Driven E-Commerce

Opptra, the AI-native e-commerce distributor founded by Flipkart co-founder Binny Bansal, has partnered with Unicommerce to enhance operations across India, the GCC, and Southeast Asia. The collaboration integrates Opptra’s brand expansion expertise with Unicommerce’s AI-led Uniware platform, enabling centralised management of orders, inventory, and fulfilment across warehouses, stores, and sales channels.Opptra retains full commercial ownership of online brand operations, from marketplace strategy and pricing to fulfilment and customer service. Leveraging Unicommerce’s 350+ integrations..

Real Estate

12 Jun 2026

AHS Properties Acquires Shangri-La Hotel for AED 1.1 Billion

AHS Properties has acquired the Shangri-La Hotel on Sheikh Zayed Road for AED 1.1 billion from Mismak Asset Management, marking one of the largest single-asset real estate deals in recent history. The 43-floor, 200-metre tower, completed in 2003, was among the first five-star hotels on the corridor.This acquisition complements AHS Tower and AHS City, forming a vertical corridor strategy that represents a substantial portion of the developer’s AED 50 billion year-end 2026 pipeline. Founder and CEO Abbas Sajwani described the purchase as a long-term investment in structurally constrained asset..