Vietnam expects high-speed rail link with China to cost $7.2bn

Construction slated to begin in 2030, with estimated 8.3m passengers yearly by 2050

20241017 Vietnam high speed train project

A high-speed train linking the Chinese cities of Shanghai and Kunming is pictured in 2016. Vietnam has approached China for technology and funding for its plans to develop railways connecting the two countries. © Reuters

HANOI (Reuters) -- Vietnam has estimated the cost of building a new railway linking it with China's Yunnan province at 179 trillion dong ($7.2 billion), state media reported on Wednesday.

The 427-kilometer railway would run from the border province of Lao Cai through the capital Hanoi and port city of Haiphong to Ha Long City, the official Vietnam News Agency reported.

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