France’s Alstom gets $900M order from Vingroup for Hanoi metro trains
Vingroup has placed the order for the first batch of train sets worth EUR800 million (US$900 million) with French rail company Alstom under their deal for 200 trains for five new metro lines in Hanoi.
Vietnamese construction giant Vingroup has placed a $900 million order with French company Alstom for trains to be installed on its expanding metro network. The state-of-the-art Metropolis trains will be manufactured in Valenciennes, France, while 83 of the 200-train contract will be assembled in Vietnam. The new lines, set to be completed by 2030, will stretch a combined 303.5 kilometers, connecting the city center with the international airport, northern and southern neighborhoods, and the Hoa Lac high-tech district.
Each train features five aluminum-alloy cars, reducing axle loads, energy consumption, and wear on tracks. With the trains operating at GoA4, the highest level of automation, they will run autonomously. Alstom, a global leader in train, metro, and locomotive manufacturing, has a long history of supplying rail technology to various countries, including Vietnam, where it installed signaling systems for Hanoi-Vinh railway and Ninh Binh station.
Vingroup, a leading Vietnamese company controlled by billionaire Pham Nhat Vuong, has been instrumental in expanding the country's transportation infrastructure.
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