The construction of two railway lines connecting to seaports, including Lao Cai - Hanoi - Hai Phong and Bien Hoa - Vung Tau, is scheduled to get underway before 2030, according to the Ministry of Transport (MoT).
Total investment in the two projects is estimated at over $17 billion.
A pre-feasibility study is being conducted for the Bien Hoa - Vung Tau line. The track gauge is 1,435 mm and the line is 128 km long with total investment of $6.2 billion.
The detailed planning for the 380-km-long Lao Cai - Hanoi - Hai Phong project has been basically completed, with investment estimated at $11 billion.
The two projects have been included on the list of those calling for foreign investment in the 2021-2025 period.
Once fully operational, the two projects are expected to help reduce logistics costs for businesses.
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