National Assembly Chairman Tran Thanh Man has signed and issued Resolution No. 187/2025/QH15 "On the investment policy for the Lao Cai - Hanoi - Hai Phong railway construction investment project".
The goal is to build a new, modern and synchronous railway line to meet the needs of domestic transportation and international connectivity between Vietnam and China.
At the same time, it creates an important driving force for rapid and sustainable socio-economic development, promoting advantages on the Lao Cai - Hanoi - Hai Phong economic corridor, ensuring effective connection of domestic and international railway networks, associated with ensuring national defense, security and international integration, environmental protection, and climate change response.
Promote the country's industrialization and modernization process; contribute to realizing the goals and tasks according to the documents of the 13th National Congress of Delegates and the Resolutions of the Party.
The scope of the project, starting point at the rail connection location across the border (Lao Cai province), ending point at Lach Huyen station (Hai Phong city).
The length of the main route is about 390.9km; the length of the branch routes is about 27.9km; passing through 9 provinces and centrally-run cities including: Lao Cai, Yen Bai, Phu Tho, Vinh Phuc, Hanoi, Bac Ninh, Hung Yen, Hai Duong and Hai Phong.
According to the Resolution on the scale and investment of the entire single-track route, 1,435mm gauge; common transportation of passengers and goods.
The design speed is 160 km/h for the main route from the new Lao Cai station to Nam Hai Phong station, the design speed is 120 km/h for the section passing through the Hanoi city unit, the design speed is 80 km/h for the remaining sections.
In terms of technology, applying railway technology on rails, electrification; ensuring modernity, synchronization, safety and efficiency.
Scope of land acquisition: carry out land acquisition according to the planning scale (dual road for the main route from the new Lao Cai station to Nam Hai Phong station and single road for the remaining sections).
The total preliminary land use demand is about 2,632 hectares. The preliminary population of resettled people is about 19,136 people.
The total preliminary investment of the Project is 203,231 billion VND (about 8.369 billion USD). State budget capital is allocated in medium-term public investment plan periods and other legal capital sources.
Regarding the implementation progress, the Resolution clearly states the preparation of a feasibility study report from 2025, striving to complete the Project by 2030 at the latest.
The project applies specific and special mechanisms and policies. During the implementation of the Project, the Prime Minister decided to: Issued Government bonds for the Project to supplement the shortfall compared to the annual public investment estimate and plan approved by the National Assembly without increasing the state budget deficit.
In addition, mobilize official development assistance (ODA) capital, foreign preferential loans to implement the Project and do not have to prepare a Project Proposal using ODA capital, foreign preferential loans.
Applicable according to the regulations of foreign donors in cases where Vietnamese law does not have regulations or there are regulations but different from the regulations of foreign donors.
At the same time, use the source of increased revenue, annual central budget expenditure savings (if any) and other legal capital sources for the Project in case the annual state budget estimate does not meet the schedule.
The use of increased revenue and expenditure savings does not have to be implemented in order of priority according to the provisions of the law on the state budget.
