France's Alstom books €800M for Vingroup's Hanoi metro trains

Alstom, a French rail transport company, announced an €800M order from Vietnam for Metropolis trains. The order, part of a larger agreement with Vingroup, will be booked in Q3 of fiscal year 2026-27. Alstom will design and manufacture the trains in France, with some assembly in Vietnam. ALO.PA shares closed at €16.13 on Friday, up 1.03%.

Alstom secured an €800 million order for 83 metro cars for Hanoi's urban rail projects, part of a deal with Vingroup. The trains will be designed and manufactured in France, with a technology license for Vingroup to assemble more in Vietnam. The order will be recorded in Alstom's Q3 2026-27 financial year, following a £800 million maintenance contract extension in the UK.

Alstom has completed 36 driverless trainsets for Chennai Metro Phase II, with passenger services starting on Corridor 4. The 108-car fleet was designed in Bengaluru and manufactured in Sri City. The 124 mn euro contract includes design, manufacture, and training. Delivery of the final trainset is scheduled for October 2026. Alstom has been a partner of Chennai Metro since 2010.

Alstom secured an €800m order to supply 83 Metropolis trains for Hanoi's urban rail projects, partnering with Vingroup. The French company will design and manufacture the trains in France, with assembly in Vietnam. This deal strengthens Alstom's regional presence and supports Hanoi's 100-year urban rail network plan.

Alstom has secured an EUR800 million order for Metropolis trains from Vingroup. The company's stock is currently trading at 16.25 EUR on Euronext Paris, with a 0.78% increase over the past 5 days. JP Morgan has reaffirmed its Buy rating for Alstom.

Alstom has secured an €800 million order for urban rail projects in Hanoi, Vietnam. The order, part of an agreement with Vingroup, will be booked in Q3 of fiscal 2026/27. Alstom designs and manufactures trains and rail infrastructure, with €19.2 billion in revenue for the fiscal year ending March 2026.