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The North–South express railway (Vietnamese: Đường sắt cao tốc Bắc-Nam) is a planned high speed railway in Vietnam. [2] [3] The line would begin in Thanh Trì and end in Thủ Đức, connecting the two most urbanised areas in the country: Hanoi in the North, and Ho Chi Minh City in the South. [4]
To be profitable from ticket sales would require 50,000 fares per day. [33] The Thai government announced in September 2019 that it may cancel Bangkok-Chiang Mai high-speed rail project after private investors declined to invest. The cost of the 670 kilometre line is estimated to be 400 billion baht.
Several railway lines have been proposed for construction in Vietnam in recent years. The largest such project is the high-speed North–South express railway connecting Ha Noi and Ho Chi Minh City, valued at approximately US$56 billion. Due to its cost, plans for the line are currently on hold pending further study of the project. [28]
Some months the share price might be $45, others $40 and still others $50. ... At $60 per share. Dollar-cost averaging delivers a $6,900 gain, compared to a $2,400 gain with the lump sum approach ...
A Vietnam Railways train passes through a tunnel north of Quy Nhon. There are 27 railway tunnels along the North–South line, amounting to a total length of 8,335 m (27,346 ft). Throughout the entire Vietnamese rail network, Vietnam Railways report a total of 39 tunnels with a combined length of 11,512 m (37,769 ft). [40]
For example, in 1970, tickets cost $1.55 or about $6.68 in inflation-adjusted 2004 dollars; by 1980, prices had risen to about $2.69, a drop to $5.50 in inflation-adjusted 2004 dollars. [24] Ticket prices have also risen at different rates of inflation around the world, further complicating the process of adjusting worldwide grosses.
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