A high speed train named Korean High Speed Train (KHST) with its maximum operating speed 350 km/h is now under development. For the successful design of a quiet and comfortable high speed train, it is important to understand the general features of the noise and vibration characteristics of high speed train. This paper reviews extensively collected materials on the noise and vibration characteristics of existing high speed trains. Based on the noise and vibration characteristics of TGV systems, a simple indoor-noise prediction rule is proposed for the TGV-type high speed trains such as KHST The indoor-noise of KHST at 350km/h is expected to be larger than at least 71 dBA. Some important researches conducted for designing KHST during last two years under the G-7 project are also briefly introduced at the last part of this paper.