The National Assembly of Vietnam has approved a government proposal to build a 1541km high-speed line connecting Hanoi with Ho Chi Minh City.

Vietnam's 15th National Assembly has passed a resolution on the investment policy for the north-south high-speed railway project with a total investment of 1.7 quadrillion Vietnamese dong (about US$67 billion).

The 16th Vietnam M&A Forum 2024 (M&A Vietnam Forum 2024) opened in Ho Chi Minh City on November 27, featuring the participation of hundreds of leading local and foreign scholars and experts.

Vietnam has approved the construction of a high-speed railway connecting the capital Hanoi in the north to Ho Chi Minh city in the south at an estimated cost of $67 billion.

Vietnam is going ahead with a multi-billion-dollar high-speed rail line that will link around 20 destinations and span over 957 miles, the country's federal parliament confirmed on Saturday.

Vietnam said Saturday that it will build a $67 billion high-speed railway from Hanoi to Ho Chi Minh City, in a much-needed boost to infrastructure that is expected to drive

The 15th National Assembly on Saturday passed a resolution on the investment policy for the North-South high-speed railway project with 443 out of 454 deputies voting in favor.