A drastic debate broke out among National Assembly (NA) deputies June 8, when they discussed the US$56 billion project for an express railway linking Hanoi and Ho Chi Minh City. While many deputies approved the giant project, more than deputies voiced their opinions against it. On behalf the Government, Transport Minister Ho Nghia Dung delivered a report providing new information about the large-scale railway project that would span 1,570 km across 20 provinces and cities. He said the project should begin in 2014, two years later than the initial schedule. He also said the Government would use advanced and environmental-friendly technologies for the project to ensure its efficiency. The Government will use the capital mobilized properly in each period to avoid affecting the country's commitment to sustainable development. Necessary demand Among those who were in favor of the project, deputy Nguyen Dang Trung from HCM City, brought forward three reasons for his support. … [Read more...] about NA deputies argue over giant railway project
Railway projects
NA committee approves trans-Vietnam railway project
NA committee approves trans-Vietnam railway project By Song Nguyen - The Saigon Times Daily HCMC - The National Assembly (NA) Standing Committee in a meeting on Saturday gave thumps-up to the country's ambitious high-speed north-south railway project although deputies expressed concerns over the huge costs. The NA's Committee for Science, Technology and Environment said the construction of a cross-country express railway was crucial to implementing long-term socio-economic development plans. However, many NA deputies are concerned about the project's enormous costs and operation safety. Ha Van Hien, head of the NA Economic Committee, said the Government should consider the project carefully as it requires a huge investment of nearly US$56 billion and a long construction period, which will impact different residential areas. Hien called for prudent consideration for balanced development of both railway and air route projects in order to efficiently allocate and use investment … [Read more...] about NA committee approves trans-Vietnam railway project
Reservations, optimism as Vietnam lawmakers debates railway project
A scrap metal trader passes a railway crossing in Ho Chi Minh City's Binh Thanh District. The Government plans to build a $56 billion express railway line connecting Hanoi and Ho Chi Minh City, but some NA deputies are worried the project will be a huge financial strength. (Photo by Nghia Pham) … [Read more...] about Reservations, optimism as Vietnam lawmakers debates railway project
Faster progress of Cat Linh-Ha Dong railway project requested
The Export-Import Bank of China (China Eximbank) has completed the procedures to disburse an additional loan worth US$250.6 million for the Cat Linh-Ha Dong urban railway project in Hanoi.The information was unveiled by the Ministry of Transport’s Railway Project Management Board at a meeting held in Hanoi, on December 29, to review its performances in 2017.Speaking at the event, Deputy Minister of Transport Nguyen Ngoc Dong asked the board to work closely with the Chinese contractor to accelerate the construction and installation of equipment. Any difficulty arising during the implementation process should be reported to the ministry immediately, he said. Ten of the 13 trains for the Cat Linh-Ha Dong railway route have already been imported to Vietnam. Dong added that the Ministry of Transport will report the project’s progress to the government in January 2018 and propose a final deadline for the project.Vu Hong Phuong, deputy general director in charge of the … [Read more...] about Faster progress of Cat Linh-Ha Dong railway project requested
Faster progress of Cat Linh-Ha Dong railway project requested Most Recent News
NDO/VNA – The Export-Import Bank of China (China Eximbank) has completed the procedures to disburse an additional loan worth US$250.6 million for the Cat Linh-Ha Dong urban railway project in Hanoi. The information was unveiled by the Ministry of Transport’s Railway Project Management Board at a meeting held in Hanoi, on December 29, to review its performances in 2017. Speaking at the event, Deputy Minister of Transport Nguyen Ngoc Dong asked the board to work closely with the Chinese contractor to accelerate the construction and installation of equipment. Any difficulty arising during the implementation process should be reported to the ministry immediately, he said. Dong added that the Ministry of Transport will report the project’s progress to the government in January 2018 and propose a final deadline for the project. Vu Hong Phuong, deputy general director in charge of the board, said that 95 percent of the project has been completed and that the progress was … [Read more...] about Faster progress of Cat Linh-Ha Dong railway project requested Most Recent News