Accordingly, the investor of this project is VINSPEED High-Speed Railway Investment and Development Joint Stock Company, belonging to Vingroup.
The goal of the project is to build a new modern, synchronous railway line to meet the needs of domestic passenger transport on the Hanoi - Bac Ninh - Hai Phong - Quang Ninh route corridor.
The land use scale of the project is about 551 ha, of which about 44 ha is in Hanoi, about 19 ha in Bac Ninh, about 210 ha in Hai Phong City and about 278 ha in Quang Ninh.
The investment scale of the project is to build double roads, 1,435 mm gauge, electrified, with a route length of about 120 km.
The starting point is at the National Exhibition Fair Center (Co Loa), Dong Anh commune, Hanoi city; the ending point is at the Public Park Area, Tuan Chau ward, Quang Ninh province; passing through 4 provinces and cities: Hanoi, Bac Ninh, Hai Phong and Quang Ninh.
The main design operating speed is 350 km/h; the section passing through Hanoi has a design speed of 120 km/h. The entire route arranges 5 stations, including stations: Co Loa, Gia Binh, Ninh Xa, Yen Tu, Ha Long Xanh; 1 Depot at Ha Long Xanh station, Tuan Chau ward, Quang Ninh province.
In which, the section through Hanoi City is about 16 km long (starting point at Km0+000, ending point at Km16+078.
The section through Bac Ninh province is about 32 km long (starting point at Km16+078, ending point at Km47+865).
The section through Hai Phong City is about 33 km long (starting point at Km47+865, ending point at Km80+949).
The section through Quang Ninh province is about 39 km long (starting point at Km80+949, ending point at Km120+215).
In Quang Ninh, this high-speed railway line passes through communes and wards: Mao Khe, Hoang Que, Yen Tu, Uong Bi, Dong Mai, Ha An, Tuan Chau.
The total investment capital of the project is about 147,370 billion VND, excluding about 10,270 billion VND of site clearance compensation costs guaranteed by the state budget.
Of which, Hanoi city area is about 19,320 billion VND; Bac Ninh province area is about 38,980 billion VND; Hai Phong city area is about 40,570 billion VND; Quang Ninh province area is about 48,100 billion VND.
Compensation and site clearance costs are guaranteed by the state budget of about 10,270 billion VND, including compensation, support, and resettlement costs.
Compensation, support, and resettlement are separated into independent public investment projects, in which: Hanoi City area is about 835 billion VND; Bac Ninh province area is about 258 billion VND; Hai Phong City area is about 5,598 billion VND; Quang Ninh province area is about 3,579 billion VND.
The operating term of the project is 70 years, calculated from the date the investor is granted a land allocation decision or a land lease decision.
Investors are not allowed to transfer projects, transfer project enterprises, capital, and assets formed during and after investment to foreign organizations, individuals, or organizations with foreign capital.
The investor is granted an extension of the project's operating term according to the provisions of the law on investment. In case the investor does not propose an extension of the project's operating term, the investor transfers all assets formed from the project to the State after the project's operating term expires; The State pays the investor according to the provisions of law.
The Hanoi - Quang Ninh high-speed railway project is expected to start construction in March 2026.
