More than VND5.4 trillion ($220 million) will be set aside by the government for six railway projects in the 2021-2025 period, with construction of the Nha Trang - Ho Chi Minh City section hoped to begin by the end of this year. The Ministry of Transport is now urgently completing investment in four projects renovating and upgrading the Hanoi - Ho Chi Minh City line, with total capital of VND7 trillion ($286 million), and is preparing to invest in important new international routes.
The Ministry of Transport (MoT) has issued an Official Letter requesting that its departments flexibly and effectively use tools and measures to control freight rates in accordance with the law on prices, to stabilize the market.