Opening of first metro line in HCM City faces delay

Opening of first metro line in HCM City faces delay

The opening of the first metro line in Ho Chi Minh City, which runs between Ben Thanh Market in District 1 and Suoi Tien Theme Park in District 9, will be delayed until 2022, city authorities have said.
East Ho Chi Minh City development ramps up

East Ho Chi Minh City development ramps up

The incoming operation of Ho Chi Minh City’s first metro line and creation of a new eastern city through a merger of districts 2, 9, and Thu Duc is set to boost the local residential market and create significant openings for developers, investors, and end-users in the coming years.
Hanoi proposes PM to speed up apprisal of $1.75 billion Metro Line No.3

Hanoi proposes PM to speed up apprisal of $1.75 billion Metro Line No.3

Hanoi People’s Committee has requested approval to appraise the pre-feasibility report of Metro Line No.3. The construction is expected to start by 2021.
Pre-feasibility report of $1.7 billion Metro Line 5 in Ho Chi Minh City awaits approval

Pre-feasibility report of $1.7 billion Metro Line 5 in Ho Chi Minh City awaits approval

The construction of the first phase of Metro Line 5 in Ho Chi Minh City is expected to start in 2025 with the total investment of VND39 trillion ($1.7 billion).
$300 million Ben Thanh underground trade centre runs into delay

$300 million Ben Thanh underground trade centre runs into delay

The construction of Ben Thanh underground shopping centre has been delayed due to a lack of investors.
Five metro line projects report a cost overrun of $3.47 billion

Five metro line projects report a cost overrun of $3.47 billion

The total investment of the five metro line projects in Hanoi and Ho Chi Minh City increased by VND80 trillion ($3.47 billion) against initial expectations.
PM calls for progress on metro line

PM calls for progress on metro line

Ho Chi Minh City authorities are seeking approval for an advance sum of nearly $100 million from the government budget to pay foreign contractors, thus making the progress to put Vietnam’s first metro line into technical operation by the end of next year.
PM Phuc visits Ben Thanh-Suoi Tien Metro Line No.1

PM Phuc visits Ben Thanh-Suoi Tien Metro Line No.1

This morning, Prime Minister Nguyen Xuan Phuc paid a working visit to the construction site of Ben Thanh-Suoi Tien Metro Line No.1 in Ho Chi Minh City.
Metro line propelling property prices

Metro line propelling property prices

Recent moves to speed up the operation of Ho Chi Minh City’s first metro line have brought new hopes of a rise of property prices along the route after years of delays.
HCM City leaders expect 1st metro line to operate next year

HCM City leaders expect 1st metro line to operate next year

HCM City’s metro line No 1 between Ben Thanh Market in District 1 and Suoi Tien Tourist Park in District 9 will become operational by the end of 2020, according to the city’s Management Authority for Urban Railways (MAUR).
HCMC metro over budget as NA provides no extra funds

HCMC metro over budget as NA provides no extra funds

With HCM City’s metro line No 1 from Ben Thanh to Suoi Tien suffering from major cost overruns, and the National Assembly yet to sanction the additional funding, the city government has said it will try and provide the required funds to finish the work by 2020, the extended deadline.
PM okays proposal of hiring consulting units for HCM City Metro line 5

PM okays proposal of hiring consulting units for HCM City Metro line 5

Prime Minister Nguyen Xuan Phuc has approved a proposal to hire foreign consulting units or domestic and foreign joint ventures to verify the pre-feasibility study report of the Ho Chi Minh City metro line 5 project.
Public votes for underground metro station by Hoan Kiem Lake

Public votes for underground metro station by Hoan Kiem Lake

About 90 per cent of respondents want an underground metro station near Hoan Kiem Lake in the Old Quarter, according to Hanoi Metro Railway Management Board.
Cat Linh-Hadong metro clears legal barriers

Cat Linh-Hadong metro clears legal barriers

Clearing the legal problems related to an additional loan, the Cat Linh-Hadong metro line is planned to begin trial operations in this September.
Binh Duong to build metro line to HCMC

Binh Duong to build metro line to HCMC

Authorities of southern Binh Duong Province are working on a large project to build a metro line that links the province to Ho Chi Minh City, with capital sources expected to come from the Japanese Official Development Assistance (ODA).
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