Tag Archives: Vingroup

Vingroup pulls out of race to build north-south high-speed railway

The planned route of the North-South high-speed rail. Graphics by VnExpress/Hoang Khanh Vingroup, the conglomerate owned by Vietnam’s richest billionaire Pham Nhat Vuong, has withdrawn its bid to build the north-south high-speed rail. The company said Thursday that the decision is meant to help focus its resources on other key infrastructure projects that have already […]

Hanoi approves Vingroup plan for Olympic sports complex with world’s second-largest stadium

Authorities have approved a master site plan for an Olympic-standard sports complex to be developed by Vietnamese conglomerate Vingroup, featuring a 135,000-seat stadium that would become the second-largest in the world. Planned for a 411-hectare site in Hanoi’s southern part, the complex is designed to meet the requirements for hosting major international events, including the […]