The Hanoi - Quang Ninh high-speed railway, about 120 km long, is being developed by Vinspeed as investor, with a total investment of about 147,370 billion VND, excluding about 10,270 billion VND in compensation, support and resettlement costs. The project is expected to be completed in 2028, open for commercial operation in 2029, and cut travel time from Hanoi to Ha Long to about 23 minutes. In Quang Ninh, contractors are working at 45 pier locations and have completed 237 bored piles. Quang Ninh has handed over about 82% of the site (226.88 ha), with 46.53 ha remaining, but relocation of technical infrastructure is behind schedule, with Dong Mai ward reaching only 43%. The investor and localities are stepping up coordination, focusing on resolving land, resettlement, and the relocation of power and telecommunications systems.
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Original headline: Cập nhật mới nhất về tiến độ tuyến siêu đường sắt tốc độ cao hơn 147.000 tỷ do Vingroup đầu tư
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VingroupinfrastructurerailwaysVietnam
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Related tickers and likely impact
VIC
• NeutralVinGroup
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Real Estate |
| Industry | Real Estate Holding & Development |
| Market cap | 1,864,860 bn VND |
| P/E | 43.4 |
| P/B | 9.65 |
| Close on 11/02/2026 | 242.00 |
| Change that session | +0.41% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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