On April 5, the Government Office issued Notice No. 157/TB-VPCP on the conclusion of Politburo member and Prime Minister Pham Minh Chinh - Head of the Steering Committee at the first meeting of the Steering Committee for important national projects and works in the railway sector.
According to the announcement, regarding the development of the railway industry and human resource training, the Prime Minister requested the Ministry of Industry and Trade to preside over and coordinate with the Ministry of Construction, relevant ministries and agencies to develop a railway industry development project, submit it to the Government for promulgation; complete in June 2025.
The Prime Minister agreed with the proposal of Vietnam Railways Corporation on increasing the charter capital of Vietnam Railways Corporation; assigned Deputy Prime Minister Ho Duc Phoc to direct the Ministry of Finance to guide implementation according to procedures and legal regulations to submit to competent authorities for consideration and decision.
For the Lao Cai - Hanoi - Hai Phong railway project, the Prime Minister requested the Ministry of Finance to submit to the Prime Minister to establish a State Appraisal Council in April 2025 to conduct an appraisal along with the project feasibility study report preparation process, meeting the construction progress in December 2025.
Agreeing with the proposal of the Ministry of Construction to start the construction of the new Lao Cai station infrastructure package and start the construction of the project's resettlement areas in 2025.
The Ministry of Foreign Affairs and the Ministry of Finance, based on the Project's Pre-Feasibility Study Report, worked with the Chinese side to negotiate a Framework Agreement on contents related to the Lao Cai - Hanoi - Hai Phong Railway Project in May 2025, and signed a Loan Agreement in November 2025 immediately after approving the Feasibility Study Report.
Assign Deputy Prime Minister Ho Duc Phoc to direct the Ministry of Finance and the Ministry of Foreign Affairs to draft and send the Official Dispatch of the Deputy Prime Minister to request the Deputy Prime Minister of the State Council of China to be in charge of the field to support China's preferential loans for this Project.
For the Hanoi - Lang Son, Hai Phong - Ha Long - Mong Cai railway lines, the Prime Minister requested the Ministry of Construction to prepare documents to promptly and synchronously implement these projects.
With high -speed railway project on the North - South axis, the Ministry of Construction submits to the Government to supplement the contractual appointment mechanism for the project in April 2025; The Government submitted to the Standing Committee of the National Assembly and the National Assembly in May 525.
The Ministry of Construction focuses on completing procedures to strive to start the project by the end of 2026. The Ministry of Construction reviews and studies to submit to competent authorities on policy mechanisms to speed up the progress of the Project.
For the urban railway projects of Hanoi and Ho Chi Minh City, the Prime Minister requested these two localities to urgently implement Resolution No. 188/2025/QH15: preside over the development of a detailed plan, progress of the implementation of policies and mechanisms applicable to the two cities and issue a separate plan for each city under the authority of the locality; complete in May 2025.
The Prime Minister requested the People's Committees of Hanoi and Ho Chi Minh City to review the implementation plan of the routes, clearly defining the plan to mobilize capital for each project.
The Ministry of Finance completes procedures and reports to the Prime Minister for consideration and approval of the proposal for the Hanoi - Yen So station (Hoang Mai) project according to the proposal of the Hanoi People's Committee.
The Ministry of Finance soon gave its opinion on stopping the use of ODA capital and foreign preferential loans for the Ho Chi Minh City urban railway project, Line No. 2, Ben Thanh - Tham Luong section and adjusting the capital for the project.
