Sharing with Lao Dong Newspaper, VinSpeed representative said that compared to German technology, many countries have much cheaper high-speed railway technology. However, VinSpeed prioritizes quality before thinking about price.
This was realized when last week, Mr. Michael Peter - Global General Director of Siemens Mobility arrived in Hanoi to sign a Comprehensive Strategic Cooperation Agreement and Technology Transfer with VinSpeed High-speed Railway Investment and Development Joint Stock Company (under Vingroup Corporation).
under the parent company Siemens AG (Germany), Siemens Mobility is the world's leading railway technology company with more than 175 years of heritage. The recent cooperation agreement with VinSpeed is expected to be a turning point for the development of high-speed railways in Vietnam - a vibrant economy with great demand for modern transport infrastructure.
Behind the partnership between VinSpeed and Siemens Mobility is the story of more than a century and a half of forming, accumulating and leading global rail technology.
One day in May 1879, visitors to the Berlin Industrial Exhibition seemed unable to believe their eyes when they saw a locomotive running on the railway as if being pulled by an invisible hand, no smoke, no steam.
They did not know that they were witnessing the birth of the concept of electric railway, one of the most important technical inventions of the 19th century which, in the future, under various forms such as electric vehicles, subway or high-speed trains, has and will shape the future of public transport.
That is the story of the launch of the world's first railway train 146 years ago, developed by Siemens.
This is the research and development result of Siemens & Hals, which operates mainly in fields such as industrial automation, railway transport, and health technology... the predecessor of today's Siemens AG technology group - the largest engineering company in Europe.
The head of the modern Siemens AG railway transport sector is Siemens Mobility - the company that recently signed a cooperation agreement with VinSpeed.
Established in 1989 and undergoing a restructuring process to become an independently managed company in 2018, Siemens Mobility is headquartered in Munich, Germany.
Inheriting Siemens' more than 175-year heritage in technology, engineering, and electrification of transportation, Siemens Mobility has continuously grown and expanded its scope of operations globally. In fiscal 2025, Siemens Mobility achieved a revenue of 12.4 billion euros and has about 43,400 employees worldwide.
When mentioning Siemens Mobility, it is a mention of miracles in the field of high-speed railways. The company has been shaping the future of transportation with high-speed rail projects across the world.
Siemens' mark is present on railway lines that are considered the "steel bloodline" of the economy, connecting major cities in just an hour.
It can be mentioned that Siemens Mobility is one of the manufacturers participating in research and manufacturing the InterCity Express (ICE) high-speed train line - the pride of Germany. Since 1991, the ICE 1 generation has been on the rise, opening the German bullet age.
In 2000, Siemens and its partners introduced the 3rd generation (ICE 3) ordered by German Railway Joint Stock Company (Deutsche Bahn), with a distributed-drive design, allowing trains to accelerate more strongly than the previous 2 generations, reaching a maximum speed of 300 km/h.
Based on the ICE 3 platform, Siemens then developed the Velaro line - a global high-speed train platform. Velaro trains with "German nationality" have appeared in the high-speed network in many countries in the future such as Belgium, France, the UK, the Netherlands, Russia, etc.
With its outstanding technological capacity, Siemens has been present on most high-speed railway networks in developed countries such as the US, Russia, and Spain, contributing to fundamental changes in the face of modern transportation. Therefore, despite the "exorbitant" price, VinSpeed still chose Siemens to ensure safety, reliability and match the world's leading technology.
