TOKYO -- One of Vietnam's biggest automakers has stepped up with a plan to be the lead builder of a government-proposed high-speed railway covering much of the country's coast.
Truong Hai Group, commonly known as THACO, says it will invest in a $61 billion high-speed railway project, becoming the second major Vietnamese corporation to announce such an intention in less than a month. Vingroup submitted a similar proposal on May 6.
