HCM City’s first metro line will have trial run in third quarter
HCM City plans to launch a trial run of the first metro line section between Binh Thai intersection and Long Binh Depot in District 9 in the third quarter of this year.
HCM City (VNS/VNA) -HCM City plans to launch a trial run of the first metro line sectionbetween Binh Thai intersection and Long Binh Depot in District 9 in thethird quarter of this year.
The completion rate of the entire line, which runs between Ben ThanhMarket in District 1 and Suoi Tien Theme Park in District 9, hasreached 71 percent.
The elevated track is being laid on concrete pylons that have been installed.
Speaking at a recent meeting, Nguyen Thanh Phong, Chairman of the city People’sCommittee, said that construction on the line would be sped up this yearso it could open next year.
Huynh Hong Thanh, deputy head of the HCM City Management Authority for UrbanRailways, said that two trains would be imported in the middle ofthe year.
The HCM City Urban Railway Company Ltd No 1 is making preparations andits staff have gone to Japan to take part in training courseson management and operation.
Nearly 700 people for management, operation, and maintenance are needed for theline.
Construction on the second metro line between Ben Thanh Market inDistrict 1 and Tham Luong in District 12 is expected to start soonnext year and have a trial run and then open in 2026.
Its adjusted total capital isup 47.9 trillion VND (2 billion USD).
The HCM City Management Authority for Urban Railways is preparing bids forpackages of counselling and construction in this year.
The second line will go through districts 1, 3, 10, 12, Tan Binh and TanPhu. The city has to remove 602 households and 28 state offices forconstruction of the line. Tran Luu Quang, standing deputy secretary of the city Party Committee, said thatcompensation for land clearance would have to be completed by the end ofJune.
Besides the two lines, the city is considering more metro lines, includinga line between Can Giuoc bus station in District 8 and Sai Gon bridge in BinhThanh district.
Construction on this line would be divided into two phases, including thefirst between Bay Hien Intersection in Tan Binh district to Sai Gon Bridgeand the other from Can Giuoc bus station to Bay Hien Intersection.
The HCM City Management Authority for Urban Railways plans to submita project on the first phase of this metro line to the People’sCommittee in April and then the National Assembly for approval./.
HCM City authorities have pledged to help contractors speed up work on the first metro line between Ben Thanh Market in District 1 and Suoi Tien Theme Park in District 9 so that it can be completed by the end of next year.
Two underground packages CP1a and CP1b of the metro line No. 1 project between Ben Thanh Market and Suoi Tien Tourist Park in Ho Chi Minh was connected with each other on February 17.
Japan on February 21 signed a memorandum of understanding (MoU) with Vietnam’s southern economic hub of Ho Chi Minh City to strengthen the city’s urban railway management capacity.
Work on Ho Chi Minh City’s Metro Line No.2, connecting Ben Thanh Market and Tham Luong, will start in 2021, according to the city’s Management Authority for Urban Railways (MAUR).
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.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.