HCM City, May 27 -- Vietnamese industrial conglomerate Truong Hai Group Corporation (Truong Hai Group) has submitted a formal proposal to the Prime Minister to invest more than 1.56 trillion VND (some 61.35 billion USD) in the country's high-speed railway linking Hanoi and Ho Chi Minh City. As part of the proposal, it suggested that land clearance should be treated as a separate, state-led project and therefore excluded from the overall investment cost of the railway scheme. The company proposed to finance 20% of the project (roughly 12.27 billion USD) through its own capital. The remaining 80% (approximately 49.08 billion USD) would be sourced from domestic and international credit institutions, under the condition that the government pr...