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 announced plans to build a $67 billion high-speed railway connecting its capital, Hanoi, with Ho Chi Minh City.

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

HANOI - 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.

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.

The National Assembly has approved the $67 billion North-South High-Speed Railway, an ambitious infrastructure project set to reshape Vietnam’s transportation landscape by 2035.

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.