# Vietnam high-speed rail development > Live situation record from CLSTR: https://clstr.news/situations/vietnam-high-speed-rail-development > Updated: 2026-10-10T01:16:00.000Z. Sources: 13. Developments: 7. VinSpeed, a subsidiary of Vingroup, has signed a contract worth approximately 1 billion euros with Siemens Mobility to develop high-speed rail lines in Vietnam. The agreement covers the Hanoi-Quang Ninh (Ha Long) route and the Ben Thanh-Can Gio route. Siemens Mobility will supply ten Velaro Novo train sets capable of speeds up to 350 km/h, alongside signaling, electrification, communication, and system integration services. VinSpeed remains responsible for project development, track construction, and civil infrastructure. The Hanoi-Quang Ninh line, spanning roughly 120 km through Bac Ninh, Hai Phong, and Quang Ninh, aims to reduce the travel time to Ha Long Bay to approximately 23 minutes. Regarding this line, local authorities in Quang Ninh province have been working toward a September 30, 2026, deadline to complete land clearance. As of mid-September 2026, approximately 175.62 hectares of the required 273.41 hectares had been handed over, with Tuan Chau and Mao Khe reaching 100% completion. On the national level, Vietnam’s Ministry of Construction has engaged with German authorities and industry leaders, including Siemens Mobility and Deutsche Bahn, to discuss the 1,541-km North-South high-speed railway project. Targeted for completion by 2035, the project features 23 passenger and 5 freight stations. Deputy Minister Bui Xuan Dung emphasized selecting modern technology to ensure system interoperability and to allow Vietnam to build “independent operational and maintenance capacities” to avoid dependence on a single supplier. Furthering this goal of technological autonomy, Minister of Construction Trần Hồng Minh has emphasized that scientific research must be “breakthrough rather than merely innovative.” He has urged the industry to research foundational and core technologies to develop products comparable to those from China, Japan, and Europe, aiming to create national scientific brands. The preliminary total investment for the North-South project is estimated at over 1.7 quadrillion VND (approximately 67 billion USD). ## Timeline ### 2026-10-10: Vietnam targets technological autonomy for high-speed rail Vietnam aims to master core technologies for its 1,541 km high-speed railway project, a 67 billion USD investment targeting completion by 2035. 2 sources. https://clstr.news/cluster/vietnam-targets-technological-autonomy-for-high-speed-rail ### 2026-10-08: Herrenknecht to provide tunneling technology for Vingroup's $4B rail project VinSpeed (Vingroup) is partnering with Germany's Herrenknecht to use specialized 13.6m TBM robots for a $4 billion high-speed rail project connecting Ho Chi Minh City to Can Gio. 2 sources. https://clstr.news/cluster/herrenknecht-to-provide-tunneling-technology-for-vingroups-4b-rail-project ### 2026-10-08: Siemens Mobility high-speed trains targeted for Vietnam rail projects Siemens Mobility’s Velaro Novo high-speed trains are slated for future use on Vietnam’s Hanoi–Quang Ninh and Ben Thanh–Can Gio rail lines, to be featured at the VRT&CON 2026 exhibition in Hanoi. 2 sources. https://clstr.news/cluster/siemens-mobility-high-speed-trains-targeted-for-vietnam-rail-projects ### 2026-10-04: Siemens Mobility signs 1 billion euro rail deal with VinSpeed Siemens Mobility signed a 1 billion euro deal with VinSpeed to provide 10 Velaro Novo high-speed trains for two major railway projects in Vietnam, including the Hanoi - Ha Long route. 2 sources. https://clstr.news/cluster/siemens-mobility-signs-1-billion-euro-rail-deal-with-vinspeed ### 2026-09-29: VinSpeed high-speed railway project nears land clearance milestone Vingroup's VinSpeed is advancing the Hanoi-Quang Ninh high-speed railway project, with Quang Ninh province aiming to complete all land clearance by September 30, 2026. 3 sources. https://clstr.news/cluster/vinspeed-high-speed-railway-project-nears-land-clearance-milestone ### 2026-09-23: Vietnam and Germany discuss technology transfer for high-speed rail Vietnam and Germany are discussing technology transfer and cooperation for Vietnam’s 1,541 km North-South high-speed railway project, which aims for completion by 2035. 3 sources. https://clstr.news/cluster/vietnam-and-germany-discuss-technology-transfer-for-high-speed-rail ### 2026-09-22: VinSpeed and Siemens sign $1.15 billion high-speed rail deal in Vietnam VinSpeed, a Vingroup subsidiary, signed a €1 billion deal with Siemens Mobility to develop high-speed rail lines in Vietnam, including the Hanoi-Quang Ninh and Ben Thanh-Can Gio corridors. 10 sources. https://clstr.news/cluster/siemens-mobility-signs-1-billion-euro-high-speed-rail-deal-in-vietnam --- Cite as: Vietnam high-speed rail development. CLSTR, https://clstr.news/situations/vietnam-high-speed-rail-development