Vietnam has approved the construction of a high-speed railway connecting the capital Hanoi in the north with the financial capital of Ho Chi Minh in the south

Vietnam has approved a $67 billion high-speed railway project from Hanoi to Ho Chi Minh City, aiming to cut travel time from 30 hours to five. Slated

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’s National Assembly on Saturday approved an ambitious cross-country high-speed railway project, which will cost an estimated US$67 billion, the National Assembly said in a statement.

The railway will run from Hanoi in the north to Ho Chi Minh City in the south, in a boost to infrastructure expected to drive investment.

Vietnam will start building a $67 billion high-speed rail network to connect its northern and southern provinces in 2027, as the government plans large infrastructure projects to support its economic growth ambitions.

Vietnam's parliament approved laws on data protection and electricity, as well as a resolution supporting a $67 billion high-speed rail project on Saturday, the last day of its twice-yearly regular session.