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Vietnam Targets Railway Revolution for New Era

Vietnam Targets Railway Revolution for New Era

Introduction to VRT&CONS 2025

The International Exhibition and Conference on Modern Railway Technology and Infrastructure Construction Supply Chain in Vietnam (VRT&CONS) 2025 recently took place at the Vietnam Exposition Centre in Hanoi on November 12. This event brought together key stakeholders from across the global rail industry, marking a significant milestone in Vietnam's efforts to modernise its railway sector.

The event was held under the direction of the Ministry of Construction and chaired by the Vietnam Railway Authority. It was coordinated with several organisations including the Railway Project Management Unit, the Open Innovation and Tech Entrepreneurs Institute, HTECH Technology and Engineering JSC, Bach Dang One-Member Company, and Camel Exhibition and Trade Promotion Company.

Strategic Importance of VRT&CONS 2025

As the first international exhibition and conference in Vietnam dedicated to the railway and infrastructure sectors, VRT&CONS 2025 is positioned as a strategic dialogue platform and long-term investment networking hub for Vietnam’s emerging railway industry ecosystem.

Nguyen Danh Huy, Deputy Minister of Construction, highlighted the historic opportunity to reshape the landscape of Vietnam’s railway sector. He acknowledged that this is a highly specialised industry requiring enormous capital investment, complex technology, lengthy implementation time, and robust management mechanisms.

He pointed out that Vietnam’s railway sector still faces multiple challenges such as limited transport market share, outdated technology, fragmented infrastructure, and, most importantly, the absence of a domestic industrial ecosystem. These issues can only be addressed through new thinking, new approaches, and comprehensive cooperation.

Key Objectives for Development

In his remarks, Huy outlined several key objectives for the development of Vietnam’s railway industry. The first was technological connectivity, where Vietnam is not seeking the most expensive technologies, but the most suitable ones. Second was solution connectivity, aiming for integrated solutions encompassing investment models, smart operation management, and maintenance systems.

The third suggestion offered by Huy was investment connectivity. Given the vast funding requirements, the government cannot rely solely on the state budget. Vietnam is committed to creating transparent, breakthrough mechanisms to attract private and foreign investment. He called on financial institutions, investment funds, and major corporations to collaborate and propose practical, effective financial models.

Fourth, supply chain connectivity, which he emphasized is the key to sustainable development. Vietnam must build its own railway industrial ecosystem, and international engineering, procurement, and construction contractors and corporations investing in Vietnam should bring Vietnamese enterprises into their value chains through technology transfer and capacity building.

International Collaboration and Support

From the business side, Railway Transport JSC (TRV) identified the railway information and signalling sector as its strategic development focus for 2025-2030. The company aims to master core technologies, gradually localise production, and deploy modern monitoring and control systems in line with international standards.

Tran Thi Hue Chi, chairwoman of TRV Vietnam, proposed that the government and relevant ministries continue to provide support in two key areas. First, to develop policies that encourage the socialisation of investment in railway infrastructure and industry, particularly in signalling technology and green logistics. Second, to create favourable conditions for domestic enterprises to participate more deeply in pilot projects, technology transfer, and equipment production.

Event Structure and Activities

VRT&CONS 2025 is running from November 12-15, featuring two main pillars: an industrial exhibition showcasing products, equipment, and technologies in the railway sector, and a conference series that includes strategic dialogues, high-level forums, CEO roundtables, investment connection sessions, technical solution presentations, career talks, and a railway technology experience day.

Alongside the main exhibition, an investment and partnership hub is open throughout the four-day event, offering a dedicated business-to-business meeting space for enterprises, financial institutions, investment funds, industrial zones, and solution providers.

During the event, numerous MoUs were signed between Vietnamese enterprises and international partners, witnessed by representatives of ministries, embassies, and international organisations, signaling a strong step forward for Vietnam’s modern railway industry.