HCM City to use municipal budget for Metro Line No. 2 project

As part of a broader initiative to develop 355km of urban railway, three transit-oriented development (TOD) sites have been designated along Metro Line No. 2, including 5.1ha in Tan Binh, 26ha in Tan Phu, and nearly 41ha between District 10 and Tan Binh.

Experts emphasised that TOD is vital for managing urbanisation, reducing congestion, and promoting economic growth.

The city’s first metro line, the Ben Thanh - Suoi Tien, began operations on December 22, 2024 after years of delays, and has already served more than 4.5 million passengers to date.Vietnam is characterised by a motorbike culture, particularly in major cities such as HCM City and Hanoi, both of which face worsening traffic congestion.

The city’s metro line system is expected to help mitigate this issue by encouraging the use of public transport.

Economy

Shrimp industry advised to take actions to maintain growth momentum
Economy

Shrimp industry advised to take actions to maintain growth momentum

Despite the robust growth of Vietnam's shrimp exports with a presence in 107 markets worldwide, experts held that in order to maintain this momentum and effectively seize new market opportunities, the shrimp industry must proactively enhance production conditions and standardise processes from production to trade.

Binh Dinh wood industry expands on global stage
Economy

Binh Dinh wood industry expands on global stage

The wood industry of the south-central province of Binh Dinh is solidifying its position in the global export market, thanks to strategic alignment with global demand and consumption trends. Local businesses are ramping up sustainable exports, contributing to income generation and driving economic growth.