sheer scale of the North-South

The sheer scale of the North-South HSR project presents significant opportunities for potential foreign partners, but geopolitical considerations are equally significant. When the project was first proposed, it was widely assumed that Vietnam would adopt Japan’s Shinkansen technology, which dominated the global market at the time. However, over the past decade, China has emerged as the leading power in railway technology, particularly following the launch of the Belt and Road Initiative (BRI) in 2013. ufabet