Siemens Mobility wins up to EUR 1 billion VinSpeed high-speed rail contract in Vietnam

(AWP Alliance News) - Siemens AG's Siemens Mobility signed a turnkey contract worth up to EUR 1 billion with Vietnam's VinSpeed to supply high-speed rail systems for the Hanoi Quang Ninh and Ben Thanh Can Gio lines. Siemens Mobility will deliver 10 Velaro Novo trainsets, communications systems, electrification, ATO technology, and ETCS Level 2 signaling, with execution phased.

VinSpeed will handle project development, track construction, and civil works. Siemens Mobility said Velaro Novo has a top speed of up to 350 km/h.

The companies said the project will be the first deployment of ATO over ETCS on a national high-speed rail network.

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Disclaimer: This news brief was created using generative artificial intelligence. Siemens AG published the original content used to generate this news brief on September 22, 2026, and is solely responsible for the information contained therein.