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Vietnam to build US$67 billion high-speed railway


The railway will run from Hanoi in the north to Ho Chi Minh City in the south, in a boost to infrastructure expected to drive investment.

The railway will run from Hanoi in the north to Ho Chi Minh City in the south, in a boost to infrastructure expected to drive investment Vietnam said on Saturday that it will build a US$67 billion high-speed railway from Hanoi to Ho Chi Minh City, in a much-needed boost to infrastructure that is expected to drive growth and enhance its reputation among foreign investors. The railway, which will stretch more than 1,500 kilometres (930 miles) from the capital in the north to the country’s business hub in the south, will reduce the current journey time by rail from 30 hours to around five.

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