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.
Ho Chi Minh City plans to stop construction of high-rise apartment buildings in downtown areas and focus instead on building such residential complexes along the first metro route in the eastern part of the city comprising districts 2, 9 and Thu Duc.
Ho Chi Minh City appreciates contributions of the Asian Development Bank (ADB) to its socio-economic development, and always considers the bank an important development partner, a municipal leader has said.
The Ho Chi Minh City Urban Railway Management Board is accelerating the construction of Ben Thanh - Suoi Tien Urban Railway Line 1 (Metro No. 1), in particular the underground terminals, with a view to putting the line into use in late 2021.
After six years of construction, one of three underground terminals of Ho Chi Minh City's first metro line is nearly complete.
The operational deadline for Nhon-Hanoi Railway Station metro line has been pushed back a year to December 2022.
The council for appraisal and adjustment of the Metro line No 1 and No 2 project of Metro Line No 1 project plans to submit a newly adjusted plan for the metro projects to the City People's Committee for approval in July.
Ho Chi Minh City’s Department of Transport wants to develop a commuter bus system to link to stations on Metro Line No1, which is still under construction.
Prime Minister Nguyen Xuan Phuc and leaders of some ministries and agencies went to inspect the construction of Metro Line No. 1 in Ho Chi Minh City on April 12.
The Hanoi People’s Council has proposed 15 days of free travel after the first metro line opens.
Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong has asked the Prime Minister for permission to borrow 2.15 trillion (92.9 million USD) from the central government to pay contractors who are building Metro Line No 1.
Despite challenges arising, the real estate market in Vietnam ended 2018 in a good place, and expects to remain stable this year.
More than 80% of respondents surveyed about the proposed train design for the city’s metro line 3 rated the plans highly and over 90% of them said they would love to try the new means of transport when the metro line is officially operational.
VOV.VN - The 13km-long Cat Linh-Ha Dong elevated railway, Hanoi’s first urban railway project, began trial operations on September 20.
Leaders of Ho Chi Minh City and relevant agencies have agreed to meet representatives of the Japan International Cooperation Agency’s (JICA) Vietnam Office every quarter to promote projects funded through Japanese official development assistance (ODA).
Construction of the second tunnel of the first-ever metro line in Ho Chi Minh City is reaching its completion phase, with workers busy drilling the ground and installing large concrete slabs to meet a June deadline.
The Spanish Government pledges to provide financial assistance for Ho Chi Minh City to develop one more metro line, said an official from Spain’s Ministry of Economy, Industry and Competitiveness (MEIC).
Ho Chi Minh City has approved the extension of the city’s first metro route, which links Ben Thanh Market with Suoi Tien Theme Park in District 9, to the neighbouring provinces of Binh Duong and Dong Nai.
Ho Chi Minh City has asked the Government for an additional US$800 million for the metro No 2 line from Ben Thanh to Tham Luong to accommodate design changes and permission to delay completion until 2024.
VOV.VN - Hong Kong Trade Development Council (HKTDC) has announced that it will send two business delegations to Vietnam, from now until January 2018, to seek investment opportunities in the country.