HCM City bans high-rises on busy roads Society

HCM City bans high-rises on busy roads

Ho Chi Minh City will not grant licences to high-rise construction projects on roads and in areas where planned infrastructure projects have not been completed in an effort to relieve congestions.
HCM City needs more underground car parks Society

HCM City needs more underground car parks

More than 10 years ago, authorities in HCM City made plans to build underground parking lots but due to various reasons, plans remained on paper, even as traffic jams increased.
Business

New transport plan for Hanoi

The Hanoi People's Committee has approved a transport development plan for the period from 2011-15, a project estimated to cost 153 trillion VND (7.5 billion USD), which aims to upgrade the city's transport infrastructure and address traffic problems.

In the April proposal, the Hanoi Transport Department requested more than 260 trillion VND (13 billion USD) to carry out the plan. This figure, which amounts to 20 per cent of the city's GDP, raised concerns among both experts and the public about the feasibility of funding the proposal, and the projected cost was reduced to 145 trillion VND (7 billion USD) in a later draft of the budget released this month.