Government issues plan to roll out special mechanisms, fast-tracking metro networks in Hanoi, HCM City

Hanoi and HCM City must work closely with ministries and sectors to review and adjust planning around railway stations and depots, implement compensation and resettlement projects, and auction land to finance urban development linked to the railway systems in accordance with current regulations.

At the ground-breaking ceremony for Hanoi's Nam Thang Long - Tran Hung Dao metro line (Photo: VNA)
At the ground-breaking ceremony for Hanoi's Nam Thang Long - Tran Hung Dao metro line (Photo: VNA)

Hanoi (VNA) – The Government has recently issued a plan to carry out the National Assembly’s Resolution No.188/2025/QH15 on piloting several special mechanisms and policies to develop the urban railway networks in Hanoi and Ho Chi Minh City.

The plan aims to institutionalise the viewpoints, goals, and solutions outlined in the parliament’s resolution. It identifies specific responsibilities for ministries, agencies, and localities in preparing investments, developing industrial capacity, and training human resources for the railway sector. All activities must adhere strictly to legal requirements while ensuring quality, cost efficiency, transparency, and prevention of corruption, wastefulness, losses, and negative phenomena.

Additionally, the plan calls for the issuance of guiding decrees to facilitate the mobilisation of resources as well as implementation of the projects, ensuring compliance with international treaties to which Vietnam is a member.

duong-sat-do-thi-0910.jpg
The Cat Linh - Ha Dong metro line in Hanoi (Photo: VNA)

Ministries, ministry-level agencies, and local authorities were requested to build and issue the Government’s decree detailing requirements for surveys, preparation of Front-End Engineering Design (FEED) to replace conventional preliminary design in project feasibility studies, subsequent design phases following FEED, and investment cost management for projects with FEED methodology.

Legal frameworks for the development of the network must be completed, including those on scientific and technological advancement, human resources training for urban railway projects, specific categories of railway-related services and industrial products to be assigned or commissioned to Vietnamese enterprises, detailed mechanisms for transit-oriented development (TOD), regulations on revenue collection to fund urban rail and public transport infrastructure.

metro.jpg
The Suoi Tien - Ben Thanh metro line in Ho Chi Minh City (Photo: VNA)

Hanoi and HCM City must work closely with ministries and sectors to review and adjust planning around railway stations and depots, implement compensation and resettlement projects, and auction land to finance urban development linked to the railway systems in accordance with current regulations.

Quarterly and annual reports must be submitted to the Ministry of Construction, ensuring the harmonious and effective implementation of the projects. If it is necessary to amend special mechanisms and policies, relevant sides should propose changes to the ministry for report to the Government for consideration, or for the Government to report to the National Assembly and its Standing Committee for consideration and decision./.

VNA

See more

From early December, major retail chains in Ho Chi Minh City have recorded a noticeable increase in shoppers seeking Tet products. (Photo: VNA)

HCM City businesses ramp up production to meet Lunar New Year demand

From early December, major retail chains in the city have recorded a noticeable increase in shoppers seeking Tet products. Many consumers are taking advantage of promotional programmes to purchase gift items with long shelf lives, such as confectionery, soft drinks and processed foods, well ahead of the holiday peak.

Workers process fish to be tinned for export at KTC Canned Food Factory under Kien Giang Trading JSC. (Photo: VNA)

Vietnam to host seminar on export growth strategies

Vietnam's exports rose 16.1% to 430.2 billion USD in the first 11 months of 2025, while total trade hit 839.8 billion USD during the same period. This strong performance shows that exports remain a key driver of economic growth, boosting Vietnam's standing on the world stage in recent years.

The vessel carrying the 2 millionth TEU arrives at Hai Phong Port. (Photo:VNA)

Hai Phong Port reaches 2-million-TEU milestone

Handling the 2 millionth TEU in 2025 not only demonstrates Hai Phong Port’s operational capacity and the collective efforts of its workforce, but also highlights its increasingly important role in regional and global supply chains, the confidence of shipping lines, logistics firms and the business community, and the effectiveness of policies to improve the investment climate and strengthen maritime infrastructure and services.

Melons labelled with traceability codes on display at the Song Van agricultural produce store in Ninh Binh city, Ninh Binh province. (Photo: VNA)

Tracing origins hindered by fragmented data systems

As the Government accelerates the digital economy, establishing a unified national traceability system has become a crucial move to end data fragmentation and disconnection among ministries, sectors and localities.

Hyundai unveils its new Avante Hybrid model in Seoul, the Republic of Korea, on August 13, 2020. (Photo: Yonhap/VNA)

Tax cuts poised to ignite Vietnam’s hybrid vehicle boom from 2026

Experts forecast that 2026-2030 will mark a period of strong growth for hybrid vehicles in Vietnam, a trend that will invigorate the automotive sector while supporting national objectives on emissions reduction, sustainable development and the broader transition to green mobility.

Illustrative image (Photo: VNA)

Vietnam targets 1 billion USD in banana exports

Bananas have been identified as a priority product under the Project for the Development of Key Fruit Crops to 2025, with a vision to 2030, approved in October 2022. Under the plan, banana acreage is projected to reach 165,000–175,000ha by 2030, with output of 2.6–3 million tonnes.

Deputy Minister of Foreign Affairs Nguyen Minh Hang (Photo: VNA)

Event connects Vietnamese businesses with African countries

Deputy Foreign Minister Nguyen Minh Hang held that to develop Vietnam – Africa ties more strongly and substantively, it is necessary to promote the engagement of businesses, and that the Government will create favourable conditions for them to enhance fruitful cooperation.

Deputy Prime Minister Ho Duc Phoc (R) and Independent Non-executive Chairman of AIA Mark Tucker at their meeting in Hanoi on December 12. (Photo: VNA)

AIA Group envisions long-term investment, cooperation in Vietnam

Over 25 years of operation in Vietnam, AIA has achieved positive results. Its premium revenue ranks among the top five life insurers, reaching nearly 14.83 trillion VND (563.71 million USD) in 2024 and an estimated 15.73 trillion VND in 2025, equivalent to around 10% of the market share.