Official dispatch sent to the Department of Construction; People's Committees of communes and wards: Tu Son, Tri Qua, Thuan Thanh, Mao Dien, Tram Lo, Gia Binh, Lam Thao, Luong Tai, Trung Kenh and VinSpeed High-Speed Railway Investment and Development Joint Stock Company (abbreviated as VinSpeed Company - PV).
Accordingly, Bac Ninh Provincial People's Committee received an official letter dated December 16, 2025 from VinSpeed Company on supporting the implementation of construction surveys to serve the research and design of the Hanoi - Quang Ninh high-speed railway project.
Vice Chairman of Bac Ninh Provincial People's Committee Ngo Tan Phuong assigned agencies and units, based on their functions, tasks, and management scope, to proactively coordinate and support the survey and design of the Hanoi - Quang Ninh high-speed railway project at the request of VinSpeed Company.
VinSpeed Company proactively contacts and coordinates with agencies and localities of Bac Ninh province to receive timely support. At the same time, organize the implementation of related tasks to ensure compliance with the provisions of law.
VinSpeed Company was founded by billionaire Pham Nhat Vuong in May, mainly operating in railway construction, production of train locomotives, carriages...
This enterprise plans to deploy the Hanoi - Quang Ninh high-speed railway.
The project is about 120 km long, passing through the territory of 22 communes and wards of 4 provinces and cities including Hanoi, Bac Ninh, Hai Phong and Quang Ninh. This high-speed railway line has a width of 1,435 mm, electrified.
According to VinSpeed's proposal, the total investment for the Hanoi - Quang Ninh high-speed railway project is about 138,930 billion VND, equivalent to nearly 5.3 billion USD (according to Vietcombank's exchange rate on October 31st).
The company expects the project to be approved for investment policy in the fourth quarter of 2025, construction in 24 months (quarter IV/2025 - quarter IV/2027). The project can be test-run at the end of 2027 and commercial operation from the first quarter of 2028.
