A worker cleans a train on the North-South line. (Photo: VNA)

Concerns raised over Vietnam’s North-South high-speed project

The tentative total investment for the North-South high-speed railway, according to the Ministry of Planning and Investment (MPI), is about US$ 26 billion, US$ 32.7 billion less than the previous proposal by the Ministry of Transport (MoT).
The public investment restructuring scheme in 2017-20 will focus on core sectors of the economy and major projects that give impetus to socio-economic development and promote public and foreign investments under public-private partnership (PPP) practice (

Government to promote private investment

The public investment restructuring scheme in 2017-20 will focus on core sectors of the economy and major projects that give impetus to socio-economic development and promote public and foreign investments under public-private partnership (PPP) practice.

Prime Minister Nguyen Xuan Phuc (middle)

PM gives nod to administrative decentralisation in HCM City

Prime Minister Nguyen Xuan Phuc agreed in principle with Ho Chi Minh City’s proposal on administrative decentralisation to a maximum possible extent during a working session in Hanoi on September 6 with the Standing Board of the municipal Party Committee.