Key facts
- Vingroup and Alstom signed a deal for 200 trainsets for the Hanoi metro.
- Vingroup is building a portion of the Hanoi metro system.
- The deal supports the development of Vietnam's rail manufacturing capabilities.
Vietnam's largest conglomerate, Vingroup, has entered into an agreement with French industrial giant Alstom to supply 200 trainsets for the Hanoi metro system. Vingroup is responsible for building a section of the metro line, a development that aligns with Vietnam's broader ambitions to expand its urban rail networks in both Hanoi and Ho Chi Minh City and to foster domestic rail manufacturing capabilities.