HCMC’s first metro line will have fares of VND7,000-12,000 (30-51 U.S. cents) if its management’s proposal is approved.
A 200 kph rail route that can carry both passengers and cargo will benefit Vietnam more than a 320 kph passenger exclusive, an expert says.
Vietnam Railways (VNR), the state-owned operator of the railway system in Vietnam, incurred a loss of nearly VND27 billion (US$1.16 million) between October 7 and now, when heavy rain lashed the country’s central region, leading to flash floods and landslides.…
The first train for Hanoi’s second metro line, the Nhon-Hanoi Railway Station route, arrived in the port city of Hai Phong Sunday morning.
The government is studying the possibility of a railway from Phnom Penh to Bavet town, the Cambodian-Vietnamese international border checkpoint.
Fifty one coaches meant for HCMC’s first metro line have been shipped from Japan and are expected to arrive in the city next Thursday.
Authorities in Hanoi have submitted a proposal to the government to invest over VND65.4 trillion ($2.8 billion) in a 39-kilometer-long metro line.
Six Japanese experts will arrive on September 18 and be quarantined for 14 days before resuming work on HCMC’s first metro line.
The first train to ply on Hanoi’s second metro route will arrive by October end and be put on display in November.
Vietnam has decided to cancel a $390-million loan from the Asian Development Bank meant to fund the second metro line in HCMC.
Vietnam Railways Corporation (VNR) posted a H1 pre-tax loss of VND304 billion ($13 million) this year, the first such instance in a decade.
A 20th-century building in downtown Ho Chi Minh City, believed to be the last remnant of Saigon’s early railway system, has found itself at the heart of an ongoing debate about how the city should preserve its past.
Saigon’s first metro line could face further construction delays since 100 foreign engineers working on it have been unable to enter Vietnam.
Vietnam Railways Corporation plans to operate freight trains to China and onward to third countries such as Russia and others in Europe this year.
The long-delayed, Chinese-funded Cat Linh-Ha Dong urban railway line in Hanoi whose workload has remained 99 percent complete for over one year must be put into commercial operation this year, Prime Minister Nguyen Xuan Phuc has demanded.
The Ho Chi Minh City administration is expected to submit a proposal to the prime minister regarding the entry of foreign experts amidst the ongoing pandemic, saying their work is integral to the completion of the city’s under-construction metro project.
State-owned train operator Haraco announced it will suspend services on routes between Hanoi and five northern provinces due to poor demand.
Train services in Vietnam could ground to a haltin less than two weeks unless a funding issue with its national operator Vietnam Railways (VNR) is resolved.