ReferIndia News Vingroup Withdraws from $67 Billion Vietnam Rail Bid

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Vingroup Withdraws from $67 Billion Vietnam Rail Bid

Published on: Dec. 25, 2025, 2:23 p.m. | Source: Devdiscourse

Vingroup announced it would withdraw its investment proposal for Vietnam’s $67-billion high-speed railway project to focus on other national projects. Shares fell following this announcement. Vingroup's subsidiary, had initially proposed partially funding the venture. The company contends its exit will not delay the project's timeline.

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