VinSpeed and Siemens Mobility sign a Turnkey contract, deepening cooperation on High-Speed rail development in Vietnam
Germany, Sept. 22 -- VinSpeed High-Speed Rail Investment and Development Joint Stock Company (a member of Vingroup) and Siemens Mobility GmbH have announced the signing of a turnkey contract for the Hanoi-Quang Ninh and Ben Thanh-Can Gio high-speed rail lines. The agreement marks a new milestone in VinSpeed's journey toward developing its high-speed rail capabilities, while progressively building modern, international-standard transport infrastructure in Vietnam.Valued at up to 1 billion euros, the contract builds on the Comprehensive Strategic Cooperation and Technology Transfer Agreement signed by the two parties in December 2025, translating the strategic partnership between VinSpeed and Siemens Mobility into concrete projects and implem...
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