Inside ASEAN
Vietnam's Vingroup Partners with Siemens for $1.1 Billion High-Speed Rail Project
VinSpeed aims to revolutionize rail travel in Vietnam with cutting-edge technology and infrastructure.
VinSpeed is a rail subsidiary of Vingroup, established in May 2026, focused on high-speed rail development in Vietnam.
VinSpeed is dedicated to pioneering the development of high-speed rail and modern transport infrastructure projects in Vietnam, applying leading standards of technology, efficiency, and sustainability. VinSpeed is a member of Vingroup, a leading Vietnamese industrial group active in infrastructure, real estate, technology, and services.
VinSpeed and Siemens Mobility have signed a comprehensive cooperation agreement for high-speed rail development in Vietnam, with Siemens providing advanced trains and rail infrastructure as a turnkey project.
Developments from the market’s news sources.
No external coverage has been selected for this profile yet.
Inside ASEAN
VinSpeed aims to revolutionize rail travel in Vietnam with cutting-edge technology and infrastructure.