Hanoi proposes ODA funding of $1.32 billion for metro section
PolicyHanoi wants to borrow VND30.57 trillion ($1.32 billion) in official development assistance (ODA) to construct a downtown metro section.
Hanoi to spend over VND14.46 billion on annual metro fare subsidies
PolicyThe government of Hanoi has approved annual subsidies of VND14.46 billion (US$620,000) on the fares for the capital city’s first metro line, 2A, which is scheduled for commercial operation in late April.
Metro line pushes up real estate prices in HCMC
MarketAfter years of delays, recent moves to fasten the operation of Ho Chi Minh City’s first metro line have brought new hopes of an increase of real estate prices along the line.
Work on second Hanoi metro line nearly 50% complete
PolicyThe Hanoi’s second metro line, which runs from Nhon to the city’s Railway Station, is now 48 percent finished and set to be put into operation next year, the management board reported.
HCM City approves 2.1 trillion VND advance for metro line No.1 project
PolicyThe HCM City People’s Committee has approved an advance of 2.1 trillion VND (93 million USD ) from the city budget for metro line No 1 project between Ben Thanh Market and Suoi Tien Tourist Park.
Metro line propelling property prices
MarketRecent moves to speed up the operation of Ho Chi Minh City’s first metro line have brought new hopes of a rise of property prices along the route after years of delays.
CBRE: HCMC's east holds potential
MarketDecentralization continued in 2018 both in HCMC and Hanoi's real estate markets, latest CBRE report reveals.
