That was the affirmation of Mr. Vo Ta Luong - General Director of Vinh Hung Trading, Consulting and Construction Joint Stock Company when talking about the company's opportunities for railway projects to be implemented in the future.
Mr. Vo Ta Luong said: Vinh Hung continuously invests in research and development, taking a break in front of future market demand. Thereby providing products that ensure safety and high quality, while helping to reduce costs for the project. For high-tech products that Vietnam has not yet produced for the railway industry, Vinh Hung has been negotiating with the world's leading corporations to receive technology transfer, aiming to localize domestic production".
The Government has approved the Railway Network Planning for the period 2021 - 2030, with a vision to 2050. The goal by 2030 is to modernize existing railway lines, build new important lines such as the North-South high-speed railway, routes connecting seaports, industrial parks and international border gates. By 2050, Vietnam will complete a modern and synchronous national railway network to meet the increasing demand for passenger and freight transport.
In particular, the top priority is to develop the North - South high-speed railway line with a design speed of up to 350km/h, to shorten travel time between Hanoi and Ho Chi Minh City. In addition, inter-regional connecting routes such as Hanoi - Hai Phong, Ho Chi Minh City - Can Tho are also focused on to create a synchronous and effective transport network. In addition to national railway lines, Vietnam is also focusing on investing in developing urban railway systems in major cities such as Hanoi and Ho Chi Minh City.
This is a golden opportunity for Vietnamese mechanical and transportation enterprises to participate in the supply chain, but at the same time requires a breakthrough in technology and product quality. In that challenging context, Vinh Hung has quickly implemented a comprehensive innovation strategy, not only to participate but also to lead in this development race.
Established in 2006, Vinh Hung Trading, Consulting and Construction Joint Stock Company operates in 3 core areas: Trade - Production - Construction. With nearly 20 years of construction and development, Vinh Hung has affirmed its leading position in the field of providing products and technological solutions for the construction of traffic works and initially created a brand mark in the international market.
Vinh Hung is currently the only Vietnamese enterprise with the capacity to synchronously produce bridge bearings, expansion joints, noise-resistant walls, steel structures and successfully export to 5 countries in Southeast Asia including the Philippines, Brunei, Indonesia, Thailand and Cambodia. With outstanding capacity and a spirit of continuous innovation, in 2024, Vinh Hung is the only enterprise in the transport mechanical industry to be awarded the title of "Vietnam National Brand" by the Government.
"Vietnam National Brand" is not only a symbol of prestige but also a measure of the reputation and position of enterprises in the market. Based on strict criteria on Quality - Innovation, creativity - Pioneering capacity, in 2024, from more than 1,000 registrations, only 190 outstanding enterprises were honored. In particular, Vinh Hung becomes the first enterprise in the Vietnamese transport mechanical industry to have a representative to achieve this noble certification.
In the report titled "National Brand Enterprise: From mastering technology to taking advantage of opportunities" broadcast at 8:55 p.m. on May 21, 2025 on VTV1, Vinh Hung is a prominent enterprise, pioneering in localizing Vietnamese mechanical transport products and taking advantage of railway industry opportunities.
