Vietnam to Invest $33 Billion in North-South High-Speed Railway

2006-12-06 00:00:00
< FONT color = # 000000 > Vietnam's Economic Times on December 5 quoted Vietnam News Agency as saying that the Vietnam Railway Corporation recently submitted to the government a plan to build a high-speed railway from Hanoi to Ho Chi Minh City. According to this plan, the design speed (passenger transport) of the Hanoi-Ho Chi Minh City high-speed railway will be 300-350 kilometers per hour, and the time from Hanoi to Ho Chi Minh City by train will be less than 10 hours (now about 40 hours).  
  < BR > It is reported that the Vietnamese side will invite Japanese experts to assist the Vietnam Railway Corporation in formulating a specific plan for the high-speed railway.  
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More vigilance is that capacity replenishment is essentially a reinvestment behavior, for cement enterprises, as soon as possible to recover investment costs is the core demand, which means that the probability of enterprises will significantly increase capacity utilization next year. For enterprises with no overproduction space and no capacity to supplement, they can only produce in strict accordance with the approved capacity. It is difficult to reconcile the uneven and "unfair" contradictions at the operational level, which will further aggravate the instability of the cement market next year. It can be predicted that after this round of supplementary production, a new round of market competition in the cement industry will begin.