High speed rail

2027 is suitable for deploying high-speed railway

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The North-South high-speed railway project has been carefully studied and calculated for 18 years. The year 2027 is suitable for investment implementation.

Don't skip Nam Dinh to go straight to Da Nang quickly

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According to the delegate, the North-South high-speed railway must reach all densely populated areas, not bypass Nam Dinh to run straight to Da Nang quickly.

The North-South high-speed railway has too many curves

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National Assembly delegates requested to demonstrate the safety of high-speed railway trains against derailment when running at speeds of more than 300km/h, with too many curves.

Cost of building 350km/h high-speed railway is 9% more expensive

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Choosing a design speed of 350km/h for the North-South high-speed railway is to meet the criteria of being modern, synchronous, having a long-term vision and being effective.

High-speed railways are prone to waste due to their multiple functions

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National Assembly delegates proposed clarifying the dual-use plan to avoid taking on too many functions for the North-South high-speed railway, which can easily lead to waste.

Avoid budget deficit when investing in high-speed railway

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High-speed railway projects must attract and allocate investment resources to regions, increase revenue, and avoid having to use the budget to cover annual losses.

Building high-speed railways, do not invest heavily and have to compensate for losses

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Delegates suggested paying attention to the organization and implementation of high-speed railways to avoid large investments that are ineffective and have to be compensated for losses.

Submitting to the National Assembly the North-South high-speed railway project worth over 67 billion USD

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On November 13, at the 8th Session, Party Central Committee member and Minister of Transport Nguyen Van Thang, authorized by the Prime Minister, submitted to the National Assembly the investment policy for the high-speed railway project on the North-South axis.

Project report submitted to National Assembly is all rosy

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Delegates recommended that in the pre-feasibility assessment report, subjective and objective causes must be predicted in advance in order to have solutions to overcome project difficulties.

High-speed railway loans will not exceed 30%

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Minister Nguyen Van Thang said that if there is a loan to build a high-speed railway, it will not exceed 30% of the total investment (more than 67 billion USD), and will not be dependent.

High-speed rail ticket prices are unlikely to compete with airplanes

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National Assembly delegate Thach Phuoc Binh is concerned that ticket prices for the North-South high-speed railway will be difficult to compete with Vietjet Air.

Research on extending high-speed railway to the West

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Delegates proposed studying the North-South high-speed railway extending to the West, because these are provinces that do not have many highways.

It costs 25,000 billion each year to operate and maintain high-speed railways

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According to the report, from 2036 to 2066, the annual operating and maintenance costs of the North-South high-speed railway project will be over VND25,000 billion.

Submitting investment policy for North-South high-speed railway project

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The North-South high-speed railway project starts in Hanoi and ends in Ho Chi Minh City with a main line length of about 1,541km.

North-South high-speed railway ticket price will be 70% of plane price

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There are suggestions to clarify the feasibility and effectiveness of North-South high-speed railway ticket prices being 60-70% of airline ticket prices.