NA reviews special policies for urban rail development in Hanoi, HCM City
The 15th National Assembly (NA) heard a proposal and a verification report on the legislature's draft resolution on special mechanisms and policies for the development of urban railway networks in Hanoi and Ho Chi Minh City .
Minister of Transport Tran Hong Minh presents the proposed resolution. (Photo: VNA)
Hanoi (VNA) – The 15th National Assembly (NA) heard a proposal and a verification report on the legislature's draft resolution on special mechanisms and policies for ꧋the development of urban railway networks in Hanoi and Ho Chi Minh City as part of its ongoing 9th extraordinary session in Hanoi on February 13.
Minister of Transport Tran Hong Minh presented the proposed resolution, highlighting the delays that have plagued urban railway projects in both cities since their construction in 2007. These delays, he explained, stem from a combination of factors, including complicated investment procedures, difficulties in resource mobilisation, and implementation hurdles.
Despite these setbacks, urban railway lines remain a critical component of modern, sustainable urban transport, essential for environmental protection and climate change adaptation.
Recognising the urgent need for action, Hanoi and Ho Chi Minh City have teamed up with the Ministry of Transport to devise a comprehensive scheme, he said.
The draft resolution, comprising 11 articles and six groups of special policies, has been endorsed by relevant authorities. These policies cover a range of areas, including capital mobilisation, streamlined investment procedures, transit-oriented development, industry development with a focus on technology transfer and workforce training, construction materials and waste disposal, and regulations tailored for Ho Chi Minh City’s unique needs.
It allows the Prime Minister to allocate medium-term and annual public investment plans for local authorities, use increased revenue, budget savings, and other legal funding sources without strict prioritisation. It also opens the door for official development assistance and concessional loans without the need for separate project proposals.
On the local level, the municipal People’s Councils will oversee the allocation of funds, ensuring projects can be funded over multiple cycles to maintain their progress.
Summarising the verification report, Chairman of the NA Economic Committee Vu Hong Thanh agreed with the Government’s approach, and provided feedback on specific policies to refine the draft resolution further./.
Hanoi's Cat Linh – Ha Dong and Nhon – Hanoi Station metro lines operated 1,780 trips and served a total of 74,503 passengers during the Lunar New Year (Tet) holiday from January 27 to February 3
The development of urban railways to meet the demands of passenger transport is a fundamental solution to solve congestion, environmental pollution and urban traffic accidents.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
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The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
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The Vietnamese Embassy in Israel has advised Vietnamese people living there to proactively prepare and seek ways to leave the country via land border crossings, especially toward Jordan or Egypt, when security and safety conditions allow.
