Vietnam to adopt Japan's shinkansen high-speed rail link system
Saturday 12th December, 04:26 AM JST
HANOI —
Vietnam has decided to adopt Japan’s shinkansen bullet train system for its project to build a north-south high-speed railway in the country, officials knowledgeable about the situation revealed Friday.
Vietnam’s decision was delivered to Japan when Vietnamese Prime Minister Nguyen Tan Dung met with his Japanese counterpart Yukio Hatoyama on the sidelines of the first summit meeting between Japan and five Mekong-region countries in Tokyo in early November, they said. The decision will mark a major advance for the Japanese business community which had been calling on Vietnam to adopt Japan’s bullet train system.
Source: Japanese Today
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Vietnam plans bullet train
Aug 13, 2009
TOKYO - VIETNAM plans to use Japanese bullet train technology for a transnational rail link, the chief executive of state-owned Vietnam Railways Corp was quoted on Thursday as telling Japanese media.
The Vietnam government had already given basic approval for the Shinkansen system, although it still required financing and formal consent from the prime minister, Nguyen Huu Bang reportedly told the Nikkei business daily.
Funding for the US$56 billion (S$76.3 billion) project remained riddled with uncertainties, the report said, with Hanoi seeking Japanese aid and funds from the World Bank and Asian Development Bank.
The 1,560km high-speed rail link would replace the current colonial-era train line connecting the capital Hanoi with the southern commercial hub of Ho Chi Minh City, a journey that now takes three days.
Vietnam hopes to launch the high-speed trains by 2020 and plans to start by building three sections, including a 90km stretch between the central coastal cities of Danang and Hue, seen as potentially most profitable.
The Nikkei said Japan's government and its railway industry, facing saturation domestically, want to expand the market overseas for Shinkansen trains and have high hopes for the potential in Vietnam.
However, the report added that cost estimates were still seen as inadequate, and that Japan was believed to have suggested that Vietnam postpone the planned opening of the high-speed rail service until 2036 or later.
Vietnam Railways Corp in Hanoi declined to comment on the report. -- AFP
Source: Straitstime
It also appears in Wikipedia English. So fast!!
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What's going on here? What are our MPs doing now?! Discussing? No need!!-Doesn't it seem to be the case that this plan was already decided? So what's next? Press and let's take a rest, it's our future generation who will pay all the debts!!!
Source: Japanese Today
-------------------------------
Vietnam plans bullet train
Aug 13, 2009
TOKYO - VIETNAM plans to use Japanese bullet train technology for a transnational rail link, the chief executive of state-owned Vietnam Railways Corp was quoted on Thursday as telling Japanese media.
The Vietnam government had already given basic approval for the Shinkansen system, although it still required financing and formal consent from the prime minister, Nguyen Huu Bang reportedly told the Nikkei business daily.
Funding for the US$56 billion (S$76.3 billion) project remained riddled with uncertainties, the report said, with Hanoi seeking Japanese aid and funds from the World Bank and Asian Development Bank.
The 1,560km high-speed rail link would replace the current colonial-era train line connecting the capital Hanoi with the southern commercial hub of Ho Chi Minh City, a journey that now takes three days.
Vietnam hopes to launch the high-speed trains by 2020 and plans to start by building three sections, including a 90km stretch between the central coastal cities of Danang and Hue, seen as potentially most profitable.
The Nikkei said Japan's government and its railway industry, facing saturation domestically, want to expand the market overseas for Shinkansen trains and have high hopes for the potential in Vietnam.
However, the report added that cost estimates were still seen as inadequate, and that Japan was believed to have suggested that Vietnam postpone the planned opening of the high-speed rail service until 2036 or later.
Vietnam Railways Corp in Hanoi declined to comment on the report. -- AFP
Source: Straitstime
It also appears in Wikipedia English. So fast!!
----------------------------------
What's going on here? What are our MPs doing now?! Discussing? No need!!-Doesn't it seem to be the case that this plan was already decided? So what's next? Press and let's take a rest, it's our future generation who will pay all the debts!!!
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