When large private enterprises of Vietnam participate in urban railway projects, they are expected to make big changes to progress, giving HCM City the opportunity to build an urban railway network in a fast, quality, and cost-saving manner.
Ho Chi Minh City is set to develop a 49-km metro line connecting the downtown area to Can Gio district to synchronise its urban railway network and improve public transportation.
Ho Chi Minh City needs to develop a specific roadmap to improve access to public transport, limit the use of personal vehicles, and speed up progress of metro lines, BRT (bus rapid transit), and others, experts have said.
Ho Chi Minh City wants to attract more private investment instead of relying on official development assistance (ODA) to build its remaining metro lines, but experts have said that it faces a difficult challenge.
Urban railways are an effective means of transport that will help cut greenhouse gas emissions in Hanoi and HCM City, which have both experienced serious air pollution in recent years, according to a survey by the Japan International Cooperation Agency (JICA).
Analysts from real estate consultants Savills Vietnam have advised investors to focus more on new urban areas in Hanoi, especially those with convenient infrastructure networks.
Ho Chi Minh City’s Department of Home Affairs has submitted a plan to the municipal People's Committee on the merger of three districts and 19 wards in the eastern area of the city.
Investment for Ho Chi Minh City’s first metro line between Ben Thanh Market in district 1 and Suoi Tien Theme Park in district 9 will be reduced by 3.4 trillion VND (147 million USD).
Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan has asked the European Union (EU) to support the city in applying the 4th Industrial Revolution’s achievements in its economic development.
Ho Chi Minh City’s authorities have proposed increasing capitalisation for the city’s first two metro lines as the projects continue to face a capital shortage.
The proposal by the Innovative Technology Development (ITD) Corporation to build tollbooths around the Ho Chi Minh City centre has met with criticism from experts working in various fields.
Vice Chairman of the Hanoi People’s Committee Nguyen Doan Toan had a meeting on October 27 with Belarus Deputy Minister for Industry Aleksandr Ogorodnhik on cooperation in public transportation and health care in Hanoi.
Visiting Belarusian Deputy Prime Minister Vladimir Semashko has shared his country’s wish to expand links with Hanoi, especially in developing public transport.
HCM City has outlined plans for an overhaul of public transport, including metro lines, a new Bus Rapid Transit system and possible bus lanes as well as trams in an aim to reduce traffic congestion.
