签约八天就撤资？越南670亿高铁彻底停摆，首富范日旺一天亏20亿

Core Viewpoint - The Vietnam North-South High-Speed Rail project has faced significant setbacks, leading to the withdrawal of investment by a major company, which has raised concerns about the project's viability and the overall investment environment in Vietnam [1][3][10] Group 1: Project Overview - The high-speed rail project is planned to span over 1,500 kilometers from Hanoi to Ho Chi Minh City, with a design speed of 350 km/h and a total estimated investment of $67 billion [3][5] - The projected annual revenue from the project is only $5.6 billion, with operational costs estimated at $4.2 billion, leaving little room for profit after accounting for maintenance and interest expenses [3][5] Group 2: Company Actions and Decisions - The company, led by Vietnam's richest man, initially signed an agreement with Siemens to test a shorter segment of the rail but later retracted its investment registration, citing a need to focus on other projects [1][3] - The decision to withdraw resulted in a significant drop in the company's stock price, leading to a loss of $2 billion in market value in just one day [3][5] Group 3: Financing Challenges - The main issue hindering the project was the inability to reach an agreement on financing, with the company seeking a 35-year interest-free loan while being required to cover 20% of the funding [5][9] - Previous attempts to secure funding from Japan and other countries failed due to high costs and stringent conditions [5][9] Group 4: Future Implications - The withdrawal of the company has raised concerns about Vietnam's investment climate, as the country relies on outdated infrastructure for transportation, which hampers economic integration [10] - The focus may shift towards more pragmatic projects, such as upgrading existing railways, rather than pursuing ambitious but unrealistic high-speed rail plans [10]