November 2021 - Construction underway; August 2018 - VND7000bn (USD300mn) budget approved for upgrade projects along the route; September 2015 - 2 plans are finalized to carry out the project, first option will cost USD3.96bn and second will cost USD5.1bn; Project to be executed on BOT (build-operate-transfer) or BT (Built Transfer) basis; Project includes modernization of rail line between Ha Noi and Ho Chi Minh City