Vietnam plans $7.2 billion railway link to China's Yunnan province
Summary: Vietnam plans to build a new railway linking to China's Yunnan province, estimating the cost at $7.2 billion. The 427-km line will connect Lao Cai, Hanoi, Haiphong, and Ha Long City.
The Vietnam Railway Authority has submitted the project for review, with construction expected to start in 2030. The railway aims to handle 8.3 million passengers and 17.5 million metric tons of cargo annually by 2050.
Vietnam is seeking Chinese technology and funding for this project, as it aims to upgrade its aging railway systems. The National Assembly is also set to approve a $67 billion high-speed railway plan from Hanoi to Ho Chi Minh City.
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