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Press Release17 December 2025Siemens AGMunich
VinSpeed and Siemens Sign Comprehensive Cooperation Agreements for High-Speed Rail Development in Vietnam
VinSpeed High-Speed Railway Investment and Development Joint Stock Company (a member of Vingroup) and Siemens Mobility have signed a Comprehensive Strategic Partnership and Framework Agreement, launching a broad cooperation for high-speed rail in Vietnam. Siemens Mobility will serve as technology partner, responsible for the design, supply, and integration of modern Velaro Novo high-speed trains and key railway subsystems, including ETCS Level 2 signaling with automatic train operation (ATO), telecommunications, and electrification systems. Siemens Mobility is also exploring opportunities to deliver advanced maintenance services for highest system availability. Both parties are committed to close collaboration, laying the foundation for future implementation contracts and supporting the development of a modern, international-standard rail infrastructure in Vietnam.
Michael Peter, Chief Executive Officer of Siemens Mobility,
commented: “We are proud that the global frontrunner VinSpeed has selected
Siemens Mobility to deliver Vietnam’s first high-speed rail lines. This
confidence in our turnkey expertise and technology underscores Siemens’
position as the partner of choice for ambitious mobility projects worldwide.
Velaro Novo, our most advanced high-speed train platform, delivers up to 30%
lower energy consumption, 10% higher passenger capacity, and proven reliability,
tailored for Vietnam’s challenging terrain. Together, we are setting new
standards for rail travel, driving innovation, and helping position Vietnam as
a leader in high-speed mobility.”
Mr. Pham Thieu Hoa, Chief Executive Officer of VinSpeed,
said: “The strategic cooperation with Siemens Mobility marks an important step
in VinSpeed’s roadmap for developing modern transport infrastructure projects
in Vietnam. The combination of VinSpeed’s project execution capabilities and
deep understanding of the domestic market with Siemens Mobility’s global
experience and advanced technology will create a strong foundation for
delivering international-standard high-speed rail lines, contributing to socio-economic
development and improving quality of life for the Vietnamese people.”
Project Overview
VinSpeed, in partnership with Siemens Mobility, is developing
various high-speed rail lines across Vietnam. Specifically, two high-speed
routes: the Ha Noi – Quang Ninh (Ha Long) line, covering 121 kilometers with
four stations, and the Ben Thanh – Can Gio line, spanning 54 kilometers with
two stations. All lines will be equipped with state-of-the-art rail
technologies, including ETCS Level 2 signaling, electrification, communications
systems, ensuring operational efficiency, safety, and sustainability.
Velaro Novo – Siemens Mobility’s Latest High-Speed
Innovation
Velaro Novo is Siemens Mobility’s
most advanced high-speed train platform, designed for a top speed of 350 km/h
and at least 10% higher passenger capacity thanks to its wider carbody and
optimized empty tube design. Highly energy efficient, it consumes about 30%
less energy than previous models, reducing emissions and operating costs.
Engineered for challenging conditions, Velaro Novo handles steep gradients and
is well-suited to Vietnam’s diverse terrain. Equipped with ETCS Level 2
signaling and automatic train operation (ATO), it ensures enhanced safety,
optimized energy use, and high operational availability for modern high-speed
rail networks.
Siemens in Vietnam
Siemens has been active in Vietnam
since 1993, celebrating over 30 years of commitment to the country’s
modernization and sustainable development. Over the decades, Siemens has played
a pivotal role in supporting Vietnam’s industrialization, providing advanced
technologies and solutions across sectors such as energy, healthcare, and
transportation. In the rail sector, Siemens is a partner to deliver modern
passenger and freight transportation, enabling operators to shape today’s and
tomorrow’s mobility. With a strong local presence, including offices in Hanoi,
Da Nang, and Ho Chi Minh City, Siemens offers digital solutions and software,
rail infrastructure, rail services, rolling stock and components, and turnkey
rail solutions, continuing to contribute to Vietnam’s growth, innovation, and
integration into the global economy.
About VinSpeed and Vingroup
VinSpeed High-Speed Railway
Investment and Development Joint Stock Company is dedicated to pioneering the
development of high-speed rail and modern transport infrastructure projects in
Vietnam, applying leading standards of technology, efficiency, and sustainability.
VinSpeed is a member of Vingroup, Vietnam’s leading industrial group, active in
infrastructure, real estate, technology, and services. Vingroup sets benchmarks
for innovation, efficiency, and sustainability, shaping the future of Vietnam’s
rail industry in line with international standards.
For this press release
Siemens Mobility
is a separately managed company of Siemens AG. As
a leader in intelligent transport solutions for more than 175 years, Siemens
Mobility is constantly innovating its portfolio. Its core areas include rolling
stock, rail automation and electrification, a comprehensive software portfolio,
turnkey systems as well as related services. With digital products and
solutions, and the use of industrial AI, Siemens Mobility is enabling mobility
operators worldwide to make their infrastructure intelligent, increase value
sustainably over the entire lifecycle, enhance passenger experience, and
guarantee availability. In fiscal year 2025, which ended on September 30, 2025,
Siemens Mobility posted revenue of €12.4 billion and employed around 43,400
people worldwide. Further information is available at:
www.siemens.com/mobility