PWC News
Thursday, July 9, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Vietnam’s Japan-backed metro line starts in HCMC | EconomyNext

Home Economy
Share on FacebookShare on Twitter


ECONOMYNEXT – The primary mass speedy transit line in Vietnam’s Ho Chi Minh Metropolis began operations on December 22 after 12 years of building with hopes to modernize transport and cut back visitors in bustling motorcycle-dominated metropolis.

Massive crowds queued as much as hitch trip on the metro on the primary day and lengthy traces of Ho Chi Minh Metropolis resident might be seen line up close to stations. The prepare will run freed from cost for 30 days.

“This journey will not be solely proof of the persistent efforts of town authorities but additionally demonstrates the efficient cooperation between the Vietnamese Authorities and the Japanese Authorities,” Bui Xuan Cuong , Vice Chairman of Ho Chi Minh Metropolis Individuals’s Committee was quoted as saying in Vietnam’s Touitre newspaper.

Development of the Line of the HCMC met started in August 2012. It was initially deliberate to be accomplished in six years.

Japanese Ambassador to Vietnam Ito Naoki stated city railway line will change individuals’s lives.

There will probably be a giant shift in individuals’s journey strategies from vehicles and motorbikes to the metro, he predicted.

Single-ride tickets paid with money will vary from VND7,000 to VND20,000 (US$0.27-0.79), relying on the gap traveled. For cashless funds, the fare will probably be barely decrease, starting from VND6,000 to VND19,000.

Kim Oanh from Ho Chi Minh Metropolis’s Go Vap space, traveled to Ben Thanh in District 01, to expertise the very first prepare however stated she missed it.

“Everybody was very glad, it’s like celebrating a pageant,” she stated. “Lots individuals, from very previous individuals and younger children had turned up.”

The road runs 19.7km between Ben Thanh and Suoi Tien Theme Park in Thu Duc Metropolis, stopping at 14 stations of which 11 are elevated.

The primary metro line over 43.7 trillion Vietnam dong (1.72 billion US {dollars}), VNexpress.internet, a information portal stated.

Work started on HCMC’s first metro route in August 2012. It was initially scheduled to be accomplished in six years. (Colombo/Dec22/2024)



Source link

Tags: EconomyNextHCMCJapanbackedLineMetrostartsVietnams
Previous Post

Cardano Falls 10% In Bearish Trade By Investing.com

Next Post

Top Wall Street analysts recommend these dividend stocks for higher returns

Related Posts

Who is Anko Van der Werff, Air Canada's incoming CEO?
Economy

Who is Anko Van der Werff, Air Canada's incoming CEO?

July 9, 2026
Should you sign your kids up for Trump Accounts? Four things to consider
Economy

Should you sign your kids up for Trump Accounts? Four things to consider

July 9, 2026
Trump on Iran: US will probably hit them again Wednesday night
Economy

Trump on Iran: US will probably hit them again Wednesday night

July 8, 2026
Clothespin’s US0 mn Colombo Port City project expires unsigned | EconomyNext
Economy

Clothespin’s US$540 mn Colombo Port City project expires unsigned | EconomyNext

July 8, 2026
Critics point out the irony of Trump’s ‘Freedom Fuel’ scheme
Economy

Critics point out the irony of Trump’s ‘Freedom Fuel’ scheme

July 9, 2026
Saba Saba shutdown leaves businesses counting losses again
Economy

Saba Saba shutdown leaves businesses counting losses again

July 8, 2026
Next Post
Top Wall Street analysts recommend these dividend stocks for higher returns

Top Wall Street analysts recommend these dividend stocks for higher returns

These workers don’t take the holidays off

These workers don't take the holidays off

How much money does Mariah Carey make from ‘All I Want For Christmas Is You’? ‘It’s a lot,’ music expert says

How much money does Mariah Carey make from 'All I Want For Christmas Is You'? 'It's a lot,' music expert says

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Positive Breakout: These 8 stocks cross above their 200 DMAs – Upside Ahead?
Business

Positive Breakout: These 8 stocks cross above their 200 DMAs – Upside Ahead?

by PWC
July 7, 2026
0

Within the NSE checklist of shares with a market cap over Rs 10,000 crore, eight shares' closing costs crossed above...

The Economics of Mass Deportation – 2GreenEnergy.com

The Economics of Mass Deportation – 2GreenEnergy.com

July 5, 2026
Nancy Pelosi’s husband could face misdemeanor charges after hit-and-run collision in Napa wine country that left one car with ‘major damage’ | Fortune

Nancy Pelosi’s husband could face misdemeanor charges after hit-and-run collision in Napa wine country that left one car with ‘major damage’ | Fortune

July 5, 2026
Ethereum Holds Near ,625 As Traders Look For A Rotation Trade

Ethereum Holds Near $1,625 As Traders Look For A Rotation Trade

July 5, 2026
Metro tunnelling to begin next month

Metro tunnelling to begin next month

July 9, 2026
Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

July 3, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.