Ho Chi Minh City has approved the investment policy for the Ben Thanh–Can Gio high-speed rail project and selected Vinspeed High-Speed Rail Investment and Development JSC as the project investor. The USD3.9 billion project will break ground on December 19, 2025, with construction and commissioning required to be completed within 30 months from land handover.
The double-track railway will use standard gauge (1,435 mm), extend over 54 km, and be designed for operating speeds of up to 350 km/hr with a 17-ton axle load. Phase 1 includes two stations at Ben Thanh and Can Gio, while Phase 2 provides for four additional stations at Tan Thuan, Tan My, Nha Be, and Binh Khanh. The depot and operations control centre will be located in Can Gio Commune.
The project has a preliminary investment cost of VND102.43 trillion (USD3.9 billion), excluding land clearance costs of around VND12.78 trillion to be funded separately by the state budget. The concession period is set at 70 years from investment approval. The line is intended to strengthen connectivity between the city centre and Can Gio, support regional socio-economic development, and advance Ho Chi Minh City’s long-term urban rail and high-speed rail strategy, with operations targeted to begin in 2028 for Phase 1.