Business Daily Media
Times Affiliate Marketing


.

Vingroup And Alstom Sign Technology License Agreement To Develop Hanoi’s Next-Generation Urban Rail Network

HANOI, VIETNAM - Media OutReach Newswire - 6 October 2026 - Vingroup and Alstom, a global leader in rail technology, have signed a rolling stock contract and a Technology License Agreement (TLA).

Under the agreement, Alstom will transfer technology for train manufacturing and assembly in Vietnam and supply a total of 200 Metropolis trainsets to accelerate the operation of Hanoi's urban rail projects.

Ms. Nguyen Thu Hang, CEO of Vinhomes (left), and Mr. Yann Maixandeau, Alstom
Ms. Nguyen Thu Hang, CEO of Vinhomes (left), and Mr. Yann Maixandeau, Alstom's Managing Director for East Asia, sign the contract between the two parties.

Under the contract, all trains designed and manufactured by Alstom for Hanoi's urban rail lines will be new-generation five-car trains, offering advanced features in design, operational efficiency and safety. The aluminium car body reduces axle load, saving energy and reducing track wear. The wide-body design maximises interior space and increases passenger capacity. The train runs fully automated and driverless, at GoA4, the highest grade of automation. The modern braking system combines regenerative and disc brakes, ensuring safety while recovering energy during braking.

The first 83 trainsets will be designed and manufactured at Alstom's Valenciennes Petite-Forêt site in France, one of Alstom's centres of expertise for metros. In addition to supplying the 83 complete trainsets, Alstom will provide technology, engineering expertise, tooling support and key components, enabling Vingroup to develop local capabilities to manufacture and assemble the next 117 trainsets in Vietnam.

The contract between Vingroup and Alstom lays an important foundation for strengthening Vietnam's self-reliance and modernising its rail industry ecosystem. The partnership also opens opportunities to establish a long-term industrial partnership and progressively expand Vietnam's participation in the global value chain.

Mr. Martin Sion, Alstom CEO, said:"This agreement is a major milestone for Alstom in one of the fastest-growing mobility markets in the world. By combining Alstom's global expertise with VINGROUP's industrial strength and long-term vision, we are creating a unique partnership that supports both the expansion of Hanoi's metro network and the development of local rail capabilities. This agreement also demonstrates the strength of French rail technology and reinforces Alstom's position as a trusted partner for major mobility projects across the region."

Mr. Nguyen Viet Quang, Vice Chairman and CEO of Vingroup, said: "High-speed rail, urban rail, bridges, ports, logistics and other next-generation transport infrastructure are among the key areas under Vingroup's Infrastructure pillar. Our strategy is to connect world-class international resources, technologies and expertise with the strong execution capabilities of Vingroup's ecosystem, enabling us to contribute to the development of infrastructure platforms with long-term significance for Hanoi and Vietnam."

Vingroup is the general contractor for Hanoi's metro projects through its subsidiary Vinhomes. The partnership with Alstom aims to provide rolling stock for Hanoi's urban rail projects while progressively developing local capabilities, enabling Vingroup to contribute over the long term to the development of the city's urban rail network.

Under Hanoi's Capital Master Plan with a 2045 vision, the city's urban rail network is planned to reach 979 kilometres, comprising 18 lines and serving as the backbone of the city's public transport system.

With a total planned length of nearly 1,000 kilometres, the network would also represent one of the largest urban rail development programmes in Southeast Asia, helping reduce traffic congestion, mitigate environmental pollution and improve the quality of life for Hanoi's residents.


Hashtag: #Vingroup

The issuer is solely responsible for the content of this announcement.

About Vingroup

Established in 1993, VINGROUP is one of the leading diversified private economic groups in the region, operating across six core sectors: Industrials & Technology, Real Estate & Services, Infrastructure, Green Energy, Culture and Social Enterprises.

For more information, please visit: .

About Vinhomes

Vinhomes is Vietnam's leading real estate brand, pioneering the development of large-scale, high-quality urban communities with professional planning, comprehensive amenities and a modern, green and clean living environment, helping shape new lifestyles for Vietnamese residents.

Alongside 32 urban developments currently in operation across the country, Vinhomes continues to focus on developing new-generation mega and super-scale urban developments of leading regional scale and stature, aspiring to create "some of the world's most desirable places to live" while contributing significantly to the transformation of Vietnam's urban landscape.

For more information, please visit: .

About Alstom

Alstom is the pure rail leader, committed to making rail the backbone of sustainable transportation. We design and deliver a complete range of future-ready solutions – from high-speed and regional trains to metros, monorails, trams, turnkey systems, end-to-end services, infrastructure, signalling and digital rail solutions. With 87,800 people in 61 countries, Alstom brings together global expertise and multi-local presence to make every journey smarter, cleaner and more enjoyable. Together with our partners and customers, we realise the power of rail. Listed in France, Alstom generated revenues of €19.2 billion for the fiscal year ending 31 March 2026.

For more information, please visit

News from Asia

Natixis CIB bolsters key areas of expertise with senior leadership appointment in Australia & New Zealand

SYDNEY, AUSTRALIA - Media OutReach Newswire - 3 November 2026 - Natixis CIB is pleased to announce the appointment of Rob Ward as Senior Country Manager, Australia and New Zealand...

Siam Piwat showcases the success of its China partnership strategy with Golden Week sales doubling and Thailand’s only winner of Alipay+ Growth Award

Expanding its global partnership ecosystem through strategic collaborations with Huawei and iQIYI enables Siam Piwat to seamlessly integrate technology, entertainment, and luxury, delivering an end...

Citi Wealth AI Pulse Survey: Hong Kong Consumers Embrace AI, But Still Want Humans in the Driver's Seat

Gen Z's "AI Paradox" highlights growing readiness gap as consumers embrace AI in everyday life HONG KONG SAR – Media OutReach Newswire – 3 November 2026 – Citi Hong Kong today released its ...

Illumina selected to help bring precision medicine into everyday healthcare in Singapore

SG-INSIGHT study will extend whole- genome sequencing to nearly 1 in 10 Singapore residents, generating evidence to inform how precision medicine could be implemented in Singapore’s healthcare syst...

LUMOS Launches Full Range of Affordable Tablets Starting from S$149

Tablets for work, study and play. Without the premium price tag.SINGAPORE – Media OutReach Newswire – 3 November 2026 – LUMOS, the award-winning Singapore lifestyle technology brand best known fo...

Allianz Insurance Singapore Wins Best Annual Travel Insurance Award at TripZilla Excellence Awards 2026

SINGAPORE – Media OutReach Newswire – 3 November 2026 – Allianz Insurance Singapore (Allianz) has been voted Best Travel Insurance (Annual) for its Allianz Travel Protect product at the TripZilla ...

Louis Vuitton’s New Christmas Gift Recommendation for 2026: Small Leather Goods, Perfumes and Selected Accessories

TAIPEI, TAIWAN - Media OutReach Newswire – 3 November 2026 – For Christmas 2026, Louis Vuitton ushers in the season of giving with the Vivienne Winter Holiday collection. Vivienne, the Maison's m...

Woodfibre LNG Project to Generate $13.6 Billion in Economic Output and $11.6 Billion in Government Revenue

New economic impact study highlights significant contributions to Canada’s economy, job creation and long-term growth in British ColumbiaSINGAPORE – Media OutReach Newswire – 3 November 2026 – The...

GWS Living Art unveils Asia Pacific’s most biodiverse Green Wall in collaboration with Vidacity at JTC LaunchPad @ One-North

The 1,035 sq m living façade at One-North brings a living research lab into the urban fabricSINGAPORE – Media OutReach Newswire – 3 November 2026 – A new living façade has taken root at Vidacity ...

Regent Hong Kong Marks a Landmark Year of Global Recognition in 2026

A series of international honours places the Victoria Harbour hotel among the most recognised luxury hotels in Hong Kong.SINGAPORE - Media OutReach Newswire - 3 November 2026 - Regent Hong Kong c...

Why the secrecy around car insurance?

Every year, millions of Australians receive their car insurance renewal and promise themselves they’ll look at it properly later. Then life gets in ...

Australian workers spend almost an hour a day administering email

Research finds email filing, searching and rework consuming an estimated 58 minutes a day and potentially exposing organisations to millionsAustralian...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...