Ho Chi Minh City is experiencing a surge of both domestic and foreign private investment into its urban rail projects, offering a great opportunity for the city to develop a modern public transport network and save budget.

Contractors have so far successfully tunnelled 647m of underground passageways of the Nhon-Hanoi Railway Station urban railway line project.

HCM City’s Management Authority for Urban Railways has announced that the Ben Thanh – Suoi Tien metro line started trial run from early this month.

VOV.VN - The Hanoi capital on July 1 carried out a test run of its trains on the overground track under the Nhon-Hanoi Railway Station Metro project before it is officially put into operation later this year.

Vietnam needs to increase policies to promote the development of the domestic mechanical engineering industry and enable local manufacturers to compete with foreign competitors.

Thirty trains and other related components of Hanoi’s Cat Linh-Ha Dong urban railway have been completely assessed and obtained a certification for technical safety and environmental protection.

The Government has asked the Asian Development Bank (ADB) for a loan of approximately US$1 billion to ensure capital supply for the Ben Thanh - Suoi Tien metro project, HCM City’s second metro line.