Bad choice! why?
Awhile back CHina chose France and Germany's highspeed rail because of ability to license produced.
China quickly learned and improved that tech and it become China's own IP portfolio. nowadays it's setting up its own highspeed rail across the whole country at low cost. Everything is self produced.


Japan? No way they are number 1 in stinginess in terms of tech transfer.

I guess that $56billion loan is coming from Japan. Japan is selling vietnam the train and also a banking deal.

soon vietnam will become an economic colony for japan and others. They dominate the technical sector and funding.

http://en.wikipedia.org/wiki/Shinkansen

The SHINKANSEN

Railways using Shinkansen technology are not limited to those in Japan.

Taiwan High Speed Rail operates 700T Series sets built by Kawasaki Heavy Industries.

The China Railways CRH2 EMU, built by a consortium formed of Kawasaki Heavy Industries, Mitsubishi Electric Corporation, and Hitachi, is based on the E2-1000 Series design.

Class 395 EMUs were built by Hitachi based on Shinkansen technology for use on high-speed commuter services in Britain on the High Speed 1 line.

Japan is currently promoting its Shinkansen technology to the Government of Brazil for use on the planned high speed rail link system set to link Rio de Janeiro, São Paulo and Campinas.[10] On November 14, 2008, Japanese Prime Minister Taro Aso and Brazilian President Luiz Inácio Lula da Silva talked about this rail project. President Lula asked a consortium of Japanese companies to participate in the bidding process. Prime Minister Aso concurred on the bilateral cooperation to improve rail infrastructure in Brazil, including the Rio-São Paulo-Campinas high-speed rail line.[11] The Japanese consortium includes the Ministry of Land, Infrastructure, Transport and Tourism, Mitsui & Co., Mitsubishi Heavy Industries, Kawasaki Heavy Industries and Toshiba.[12][13]

The U.S. Federal Railroad Administration is in talks with a number of countries with high speed rail, notably Japan, France and Spain. On May 16, 2009, FRA Deputy Chief Karen Rae expressed hope that Japan would offer its technical expertise to the United States. Transportation Secretary Ray LaHood indicated interest in test riding the Japanese Shinkansen in 2009.[14][15]

On June 1, 2009, the Chairman of Central Japan Railway Company, Yoshiyuki Kasai, announced plans to export both the N-700 high speed train system and the JR-Maglev to international export markets, including the United States.[16]

Vietnam Railways will use Shinkansen technology for a high-speed rail link between the capital Hanoi and the southern commercial hub of Ho Chi Minh City, according to the Nihon Keizai Shimbun, citing an interview with Chief Executive Officer Nguyen Huu Bang. The Vietnamese government had already given basic approval for the Shinkansen system, although it still required financing and formal consent from the prime minister. Funding for the 56-billion-dollar project remained riddled with uncertainties, the report said, with Hanoi seeking Japanese Official Development Assistance and funds from the World Bank and Asian Development Bank. The 1,560-kilometre (970 mile) line would replace the current colonial-era rail line. Vietnam hopes to launch the high-speed trains by 2020 and plans to start by building three sections, including a 90-kilometre stretch between the central coastal cities of Da Nang and Hue, seen as potentially most profitable. Vietnam Railways began dispatching engineers to Central Japan Railway Company for technical training. [17][18]

Mount Fuji with Shinkansen and Cherry Blossom

You're right that Japan is very stingy in term of tech transfer.

But here is the catch: Viet Nam does not have $56 billion dollars but we want the train..and we want somone to pay it for us in advance first. Japan in this case is willing to pay so we'll take it first and think about paying back the loan later.

Seriously, do you really think anyone is willing to let you borrow $56 billion dollars

The most updated news about this project is that Japan wants Viet Nam to delay this project by 20 years because they say that this project is not economic efficient. Why? Obviously, the Japanese side don't give a flying fuk whether the project will be profitable or not. They just don't like the fact that Viet Nam is shifting the burden on them by making them pay $56 billion in advance so they find a better diplomatic way to turn us down.....for a moment

If you can find anyone who is willing to let us borrow $56 billion along with tech transfer package please let us know

$56 billion for Hanoi and Ho Chi Minh city? Is that correct? Seems WAY to expensive!

China just inaugurated a 1100km service between Wuhan and GuangZhou. It took only four years to complete and cost only $15 billion.

how will vietnam pay the japanese?

Obviously it's no where to be worth $56 billion. It's one of those schemes in Vietnam that the corrupted officials always hijack the price of a project way way up so they have something to pocket for themselves.

The biggest losers of the project is the Vietnamese people. The country as a whole got no tech transfer like China did with their high speed train deal with the German. The Vietnamese officials get to pocket massive amount of money. I don't even want to talk about the gain on the Japan side

right o.O...??? why does vietnam even need a rail network...??? they just need 2 replace the current one but they're building a strong domestics airline already =="

bullet train is better than airplane.

It looks like a Zen Temple.

$20 Billion = 510 km (Rio de Janeiro to the industrial city of Campinas)
$40 Billion = 1,000km
$60 Billion = 1,500km (HCMC to Hue to Hanoi)




http://www.koreatimes.co.kr/www/news/natio.../117_58699.html

Korea’s railway industry is aiming to win a bid for a 510-kilometer high-speed rail route project in southeastern Brazil. / Korea Times File

By Do Je-hae
Staff Reporter

Can Korea's railway industry repeat the export success story of a Korean consortium in acquiring a $40 billion contract to build nuclear power plants in the United Arab Emirates?

Vietnam should build the bullet train from Nha Trang to Da Nang to Hue first because it will be the most profitable due to tourism.

do you nguy have anything to support your claim, or is it just another baseless accusation.

Western now scare of "made in china", so does Vietnam do scare too , just j/k, the 1st rule of receiving the official development aids (ODA) from the other country is you must hire the contractors of that country- in this case is Japanese, now everyone of you got understand why Vietnam gov choose Japan? ^^

How does the vietnamese people loose out? they get a train system that is fast, safe, and it connects the entire country. During tet it would be so easy for people from hanoi to visit saigon.

Even if it cost $100 billion, the profit from this bullet train system can be used to pay back the $100 billion, because viet nam tourism industry is booming!

Thats my house man

who cares, when they start acting bad we'll just boot them out.