Prime Minister Phạm Minh Chính on Saturday chaired the second meeting of the Steering Committee or key national railway projects. — VNA/VNS Photo

HÀ NỘI — Prime Minister Phạm Minh Chính has emphasised the need for bold and accelerated action to develop the railway industry, serving Việt Nam's long-term national development goals.

Currently, four major railway projects are underway, including the Lào Cai–Hà Nội–Hải Phòng line, the Hà Nội–Lạng Sơn and Hải Phòng–Móng Cái lines, the North–South high-speed railway and urban rail projects in Hà Nội and HCM City.

At the first meeting of the Steering Committee for key national railway projects held last month, the PM, who also serves as head of the Committee, assigned ministries, sectors and localities, the task of addressing obstacles and accelerating investment preparation procedures for the projects, with 19 scheduled tasks and five regular tasks.

According to ministries, sectors, and local departments, all the 24 tasks are currently being actively implemented. Of the 19 scheduled tasks, 12 are not yet due, six have been completed and one is behind schedule.

Speaking at the second meeting of the Steering Committee on April 26, Prime Minister Phạm Minh Chính urged all the bodies involved to be more proactive and vigorous in adhering to the Party’s orientations, the State’s policies and laws, as well as the resolutions, conclusions and directives of the Central Party Committee, the Politburo, the National Assembly, the Government, and the Prime Minister in implementing railway projects and developing the railway industry to serve the country’s two centenary goals.

Reaffirming that the objectives remain unchanged, the PM stressed that construction of the Lào Cai – Hà Nội – Hải Phòng railway must begin in 2025 and the North-South high-speed railway in 2026. He called for the maximum mobilisation and diversification of capital sources, including state and local budgets, loans, bond issuance and public-private partnerships (PPP), or other forms such as BOT and BT to finance the projects.

Chính tasked the Ministry of Construction (MoC) and the Ministry of Justice (MoJ) with urgently finalising a Resolution on unified special mechanisms for all railway projects, submitting it to the Government in April, and subsequently to the National Assembly ahead of its ninth session in early May. Concurrently, ministries and agencies are to swiftly develop and submit four related decrees to establish a legal framework for synchronised project implementation.

Regarding the development of the railway industry, PM Chính stressed the need for technology transfer plans, investment capital mobilisation, human resources development, and smart management systems. He assigned the MoC to lead the drafting of a Prime Ministerial Decision on the catalog of industrial goods and services for the railway sector, to be completed by mid-June. The Ministry of Industry and Trade (MoIT) will lead the drafting of a development project for the railway industry, while the Ministry of Education and Training (MoET) will be responsible for a project on human resources development - both to be completed by the second quarter of 2025.

He also instructed the MoC, in coordination with the Ministry of Foreign Affairs (MoFA) and the Ministry of Finance (MoF), to expedite negotiations with China to finalise a loan agreement, ensuring the project's timeline is met.

For the Lào Cai – Hà Nội – Hải Phòng railway project, he emphasised the need to design the straightest possible route, bridging rivers, building embankments across fields and tunneling through mountains where necessary. The MoC was directed to urgently complete the alignment plan as a basis for implementation, while localities must complete land clearance by this September. Relevant agencies are to continue working with China to expedite loan negotiations.

Regarding the North-South high-speed railway, Chính reiterated that under Resolution No. 106/NQ-CP, the Government has approved the overall implementation plan, ensuring construction starts no later than December 2026. He requested that ministries and localities build detailed plans based on the master schedule and assigned tasks.

For urban railway projects in Hà Nội and HCM City, he directed the two cities to strictly follow NA Resolution 188/2015/QH15 and their respective special mechanisms and policies. Any difficulties encountered should be reported for further guidance from relevant ministries and agencies.

The PM stressed the need to mobilise capable state-owned and private enterprises to participate in the projects and in the development of the railway industry. The Viettel Group and VNPT Group were assigned to proactively research, develop and master technologies related to information systems, signalling, and control systems for railway projects.

Meanwhile, the Vietnam Railways Corporation was tasked with coordinating with the Hà Nội People’s Committee to expedite procedures related to the Railway Industry Complex serving railway projects and to report to higher authorities for decision-making. The PM also suggested considering assigning major tasks to capable private corporations, provided transparency, integrity and efficiency are ensured. — VNA/VNS