PM approves plan to 2020 and vision to 2030.
The Prime Minister (PM) has approved the Plan for the General Development of Railroad Transport in Vietnam to 2020 and Vision to 2030.
The general development of railroad transport will be in line with overall planning for the development of transport in Vietnam, building railroads to connect with large ports, industrial zones, and neighboring countries to boost the integration process, and rapidly developing urban railways as core public transport in major cities, with a focus on Hanoi and Ho Chi Minh City.
The plan also said that Vietnam’s railway sector is to be modernized, with high quality, suitable cost, speed, and safety, be energy efficient and eco-friendly, and serve logistics services and other supporting functions.
Railroads are to transport 3-4 per cent of all passengers and 4-5 per cent of all cargo, focus on long-haul and heavy logistics, and widen international transport to neighboring and regional countries.