Excessive-speed rail tickets are anticipated to price 75% of airfares or VND1.7-6.9 million (US$69-280), in keeping with a pre-feasibility examine the federal government has submitted to the Nationwide Meeting.
The challenge, some of the bold transport tasks on this decade, is ready to start development in 2026-2027 to hyperlink Hanoi and Ho Chi Minh Metropolis with a 350-kilometer-per-hour rail.
Top notch fares might be VND6.9 million, and two decrease tiers will price VND2.9 million and VND1.7 million, in keeping with the report.
These are equal to 75% of Vietnam Airways and Vietjet’s fares, and much like these in different nations, it stated, citing fares in Shanghai, Jakarta and Tohoku in Japan.
The 1,500-kilometer high-speed railroad between Hanoi and HCMC is estimated to price VND1.7 quadrillion (US$69 billion).
At $43.7 million per kilometer, the price can be within the medium vary in comparison with different high-speed rail tasks globally, the report stated.
The challenge includes 4 sub-projects that might be developed concurrently. It’s anticipated to assist add 0.97% to GDP yearly.
The 350-kph-maximum rail will move via 20 provinces and have 23 passenger stations and 5 cargo stations.
However it can largely serve passengers with the present railroad community switching primarily to cargo transport.