MUNICH, Germany, Dec 22, 2025 – VinSpeed High-Speed Railway Investment and Development Joint Stock Company (a member of Vingroup) and Siemens Mobility have signed an agreement, launching a cooperation for high-speed rail in Vietnam. Siemens Mobility will act as the technology partner for the project. The company will design, supply, and integrate Velaro Novo high-speed trains and related railway subsystems. These include ETCS Level 2 signaling with automatic train operation (ATO), telecommunications and electrification systems. Siemens Mobility is also reviewing options to deliver maintenance services. The agreement sets a framework for future implementation contracts and rail development to international standards 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 and Siemens Mobility are developing high-speed rail lines in Vietnam, starting with two routes. These include the 121-km Ha Noi–Quang Ninh (Ha Long) line with four stations and the 54-km Ben Thanh–Can Gio line with two stations. The lines will be equipped with ETCS Level 2 signaling, electrification, and communications systems.
Velaro Novo
Velaro Novo is Siemens Mobility’s high-speed train platform designed for operation at speeds up to 350 km/h. The platform increases passenger capacity by at least 10% through a wider car-body and an optimized empty tube design. Energy consumption is about 30% lower than earlier models, reducing operating costs and emissions. The train is engineered to handle steep gradients and diverse terrain. It uses ETCS Level 2 signaling and automatic train operation to support safe and reliable high-speed rail operations.
Source: Siemens
About Siemens Mobility
Siemens Mobility is the rail and transportation division of Siemens AG, headquartered in Munich, Germany, with roots dating back to 1989 and formal setup in 2018. The company provides rolling stock, rail electrification, signaling and automation solutions, and digital services for passenger and freight transport. Its products support urban transit, regional rail, intercity, and high-speed rail networks. Siemens Mobility also delivers full-turnkey rail infrastructure solutions and long-term maintenance services. In fiscal year 2023, the division reported revenue of approximately €10.5B and employed around 40,000 people globally. Its portfolio includes electric multiple units, locomotives, trams, automation platforms, and rail asset management tools. The company supports public and private clients in improving transit and logistics reliability, safety, and efficiency through integrated, data-driven systems.
About Vingroup
Vingroup is a diversified conglomerate operating across real estate, technology, industry, and consumer services. Founded in 1993 as Technocom, the company is headquartered in Hanoi, Vietnam. Vingroup develops residential and commercial property through its real estate businesses. It also operates hotels, resorts, retail centers, healthcare facilities, and education services. In industry and technology, the group develops automotive and mobility products, including electric vehicles, and invests in manufacturing and supporting infrastructure. Its customers include homebuyers, tenants, patients, students, consumers, and industrial and mobility customers. Vingroup conducts most operations in Vietnam while expanding selected businesses into international markets. Key subsidiaries include Vinhomes in real estate, VinFast in automotive manufacturing, Vinmec in healthcare, and Vinschool in education. The group manages a portfolio that spans consumer services and industrial production. The company employs about 200,000 people worldwide.