HCM City: Work begins to supply power for Metro Line No 1
The Management Authority for Urban Railways of Ho Chi Minh City (MAUR) and contractors kicked off work on power supply for the southern economic hub’s first metro line project on February 19, which has now seen 82 percent of works completed.
Cable pulling work on HCM City's Metro Line No 1 (Photo: VNA)
HCM City, February 19 (VNA) - The Management Authority for UrbanRailways of Ho Chi Minh City (MAUR) and contractors kicked off work on power supply for the southern economic hub’s first metro line project on February 19, whichhas now seen 82 percent of works completed.
Consultation and construction are now underway to link power sources fromthe 110kV Binh Thai and Tan Cang electricity stations to supply all powerstations along the metro line.
According to the MAUR, if COVID-19 can be controlled, the work of cablepulling will be completed in the second quarter of this year, which would allowfor trial runs and commercial operations taking place earlier.
MAUR deputy head Huynh Hong Thanh vowed to work with contractors on speedingup construction progress, with quality put first and pandemic control andprevention measures implemented effectively.
The 2.05 billion USD metro line, which runs between Ben Thanh Market inDistrict 1 and Suoi Tien Theme Park in District 9, is the first of at least sixto be built in the city and aims to ease traffic congestion in its north-easterngateway.
It is designed to have 14 stations, three of them underground. Therewill be 17 three-carriage trains plying the route, running at a maximum speedof 110 km/h above ground and 80 km/h below ground./.
The Government has asked the Asian Development Bank (ADB) for a loan of approximately 1 billion USD to ensure capital supply for the Ben Thanh - Suoi Tien metro project, HCM City’s second metro line.
The development of HCM City's Northwestern Urban Area is expected to attract increased investment, drive economic growth of neighbouring areas, and strengthen relations with Cambodia and other ASEAN countries.
The Management Authority for Urban Railways of Ho Chi Minh City held a ceremony on October 13 to receive the first train for the city’s Metro Line No 1 (Ben Thanh - Suoi Tien).
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
Cable pulling work on HCM City's Metro Line No 1 (Photo: VNA) 
