Business

Metro Line No1 in HCM City likely to be completed after 2021

The completion of Metro Line No1 project in Ho Chi Minh City linking Ben Thanh Market in District 1 with Suoi Tien Tourist Park in District 9 is likely to be delayed to after 2021, the municipal Management Authority for Urban Railways (MAUR) has stated.
Metro Line No1 in HCM City likely to be completed after 2021 ảnh 1Metro Line No1 in HCM City likely to be completed after 2021. Illustrative image (Photo: VNA)

HCMCity (VNA) – The completion of MetroLine No1 project in Ho Chi Minh City linking Ben Thanh Market in District 1with Suoi Tien Tourist Park in District 9 is likely to be delayed to after 2021, the municipal Management Authority for Urban Railways (MAUR) has stated.

According to a recent report of the MAUR on the impactof COVID-19 pandemic on urban railway projects in the city, NJPT Association, the general consultant for the project, has repeatedly informedthe investor about the impact, which may delay the construction andinstallation packages from 4-6 months and the package of equipment from 6 - 8months.

Only 82 percent of the construction work was completed in2020 dueto effects of the COVID-19 pandemic, 3 percent lower than the set plan. The reason behind the delay is that foreign experts could notarrive in Vietnam for working, the MAUR noted.
The authority is working closely with contractors to manage and speed up construction progress.

The 2.05-billion-USD Metro Line No 1 is the first of at least six to be built in the city andaims to ease traffic congestion in its north-eastern gateway.

Including four major bidding packages usingofficial development assistance (ODA) and funds from the Japan InternationalCooperation Agency (JICA), the project is designed to have 14 stations, threeof them underground.

There will be 17 three-carriage trains plying the route,running at a maximum speed of 110 km/h above ground and 80 km/h below ground./.
VNA
#Metro Line No1 #Ho Chi Minh City #MAUR #COVID-19 pandemic #impact #construction work #delay #Vietnamplus #Vietnam news #Vietnam News Agency Ho Chi Minh City
Follow VietnamPlus

Related News

HCM City: Work begins to supply power for Metro Line No 1

HCM City: Work begins to supply power for Metro Line No 1

The Management Authority for Urban Railways of Ho Chi Minh City (MAUR) and contractors kicked off work on power supply for the southern economic hub’s first metro line project on February 19, which has now seen 82 percent of works completed.
HCM City proposes using minibuses

HCM City proposes using minibuses

The southern metropolis Ho Chi Minh City is seeking to run 12-17-seater minibuses to make it easier for local residents to get access to this public transport services as the city has a lot of narrow roads with high traffic flows.
HCM City seeks private investors for metro lines

HCM City seeks private investors for metro lines

Ho Chi Minh City wants to attract more private investment instead of relying on official development assistance (ODA) to build its remaining metro lines, but experts have said that it faces a difficult challenge.

See more

WB Senior Environmental Specialist and Task Team Leader Stephen Ling speaks at the working session (Photo; VNA)

Ca Mau, WB cooperate in sustainable fisheries development

Scheduled to run from 2026 to 2029, the project aims to develop the local fisheries sector and deepen global integration, while adapting to climate change and protecting the environment through infrastructure upgrades, technological innovation, and better management and production capacity.

Vice President of the Vietnamese National Assembly Nguyen Hong Dien speaks at the forum. (Photo: Vietnam Trade Promotion Agency)

Tanzanian businesses seek greater cooperation, investment opportunities with Vietnam

Attending the forum during his working visit to Tanzania, Vice President of the National Assembly Nguyen Hong Dien said the two economies were highly complementary. Tanzania has strengths in natural resources, agriculture, energy, its domestic market and its strategic position in East Africa, while Vietnam has advantages in manufacturing and processing, high-tech agriculture, electronics, telecommunications and international trade.

The automatic ticketing system that uses electronic identification, authentication, biometric recognition and cashless payment for passengers on the Cat Linh-Ha Dong railway line in Hanoi. (Photo: VNA)

Cashless payments open gateway to financial inclusion

Cashless payments continued to grow rapidly in the first eight months of 2026. The number and value of cashless transactions rose 34.56% and 13.26% year-on-year, respectively, while online transactions increased 46.57% in number and 21.77% in value.

Ho Chi Minh City attracts more than 17.8 billion USD in FDI in the first nine months of 2026 (Illustrative image. Photo: VNA)

Ho Chi Minh City offers new destinations for FDI flows

The merger of Ho Chi Minh City with Binh Duong and Ba Ria-Vung Tau has opened up a larger development space, enabling the city to reshape its approach to attracting foreign investment. In particular, Resolution No. 10-NQ/TW of the Politburo sets out clear orientations for developing the foreign-invested economic sector, providing a basis for shifting the focus from the amount of investment capital to the quality of investment.

Vietnam exports about 1.4 million tonnes of coffee worth 6.54 billion USD in the first nine months of 2026. (Photo: VNA)

Vietnam seeks to boost value, expand markets for coffee sector

Acording to VICOFA, Vietnam needs to focus on exporting green coffee beans that meet EUDR criteria, particularly as compliance levels among some other producing countries remain low. At the same time, it should develop specialty and organic coffee lines as well as deeply processed products to serve the premium segment in Europe.

Part of Khanh Hoa province in central Vietnam (Photo: VNA)

Malaysian economist upbeat about Vietnam’s growth outlook

Among ASEAN’s “Fabulous Five”, namely Vietnam, Malaysia, Indonesia, Thailand and the Philippines, Vietnam demonstrates how industrial depth and effective investment can underpin rapid growth, Shan Saeed said, noting strong investment momentum.

Automobile production at the Honda Vietnam factory in Vinh Phuc ward, Phu Tho (Photo: VNA)

Vietnam’s auto market accelerates amid growing electrification trend

According to data released by PwC in late September, total vehicle sales across the six ASEAN-6 markets, namely Vietnam, Indonesia, Thailand, Malaysia, the Philippines and Singapore, reached about 1.755 million units in the first half of 2026, up 11% year on year. Vietnam recorded the highest sales growth in the group at 31.1%, followed by Indonesia at 15.9% and Thailand at 15.1%.

The headquarters of the Vietnam International Financial Centre in Da Nang (Photo: VNA))

VIFC-DN gradually establishes position on global financial centre map

According to Dang Dinh Duc, Standing Vice Chairman of the VIFC-DN Executive Agency, the ranking marks an important milestone, reflecting the foundations that VIFC-DN and Da Nang authorities are gradually building to connect with international capital flows, institutions and markets.

Quy Nhon Port, located in Quy Nhon Bay of Gia Lai province, offers highly favourable conditions for vessel anchoring and cargo handling throughout the year. (Photo: VNA)

Vietnam Logistics Forum 2026 to be held in early November

The Vietnam Logistics Forum 2026 will take place on November 6-7 in Gia Lai province, bringing together management agencies, local authorities, associations, experts and businesses to identify opportunities and challenges and discuss logistics development solutions suited to the new period.

VCCI Chairman Ho Sy Hung speaks at the Vietnam Corporate Sustainability Forum (VCSF) 2026 in Hanoi on October 5, 2026. (Photo: VNA)

Vietnam’s corporate sustainability forum calls for new growth paradigm

Breakthrough growth and sustainable development should be pursued as a shared journey in which the State creates an enabling environment, localities support businesses, enterprises take the pioneering role, science and technology provide momentum, and society as a whole participates.