First HCMC metro line’s full trial run this month: contractor

By Huong Dung
Mon, August 21, 2023 | 7:19 pm GMT+7

Ho Chi Minh City plans to conduct a full trial run of its Metro Line No. 1 (Ben Thanh-Suoi Tien) later this month, after nine months of test runs on its elevated section, says contractor Hitachi Ltd.

In a recent report sent to the municipal Management Authority for Urban Railways (MAUR), Hitachi said this will be the first time a full trial run is conducted on both elevated and underground sections of the line.

To ensure safety, the number of passengers on board is limited to a maximum of 20, the contractor said, adding it will dispatch emergency management staff on each train.

It also asked the investor and related parties to thoroughly prepare firefighting equipment, evacuation plans and the lighting system in the tunnel.

A train on Ho Chi Minh City's Metro Line No. 1 (Ben Thanh-Suoi Tien). Photo courtesy of Vietnam News Agency.

A train on Ho Chi Minh City's Metro Line No. 1 (Ben Thanh-Suoi Tien). Photo courtesy of Vietnam News Agency.

The Ben Thanh-Suoi Tien is the first urban metro line in HCMC. The 19.7-kilometer line will run from Ben Thanh Hub in District 1 to Suoi Tien Depot in Thu Duc city on the city’s outskirts. It features three underground and 11 elevated stations.

All the trains used on this route have been made in Japan. They are designed to carry a maximum of 930 passengers, and run at speeds of up to 110 km per hour on the elevated section and 80 km underground.

The project’s cost of VND43.7 trillion ($1.89 billion) has been sourced from Japanese official development assistance (ODA) and Vietnamese counterpart funds. Work began on the metro line in 2008, but the project has missed several deadlines.

A test run was conducted in December 2022 on an elevated section of the line. During the test, the train stopped to pick up and drop off passengers at the Hi-tech Zone Station near Saigon Hi-tech Park.

HCMC has plans for 220 kilometers of metro lines with an investment of $25 billion. The network could reach 56.43 kilometers with an investment of $8.85 billion by 2030.

HCMC’s Ben Thanh-Tham Luong line (Metro Line No. 2), with an investment of VND47.89 trillion ($2.04 billion), is set to begin construction in 2025 and open to traffic in 2030. The 11.04-kilometer metro will feature 9.09 kilometers of underground and 1.95 kilometers of overground tracks. So far, 86.35% of site clearance has been completed for the project.

The city is drafting plans for Metro Line No. 3, connecting the Ben Thanh market with a high-tech healthcare zone; Metro Line No. 4 linking Thanh Xuan ward of District 12 and the Hiep Phuoc urban area; and Metro Line No. 5 joining the Bay Hien crossroads and Saigon Bridge.

The city has called for ODA from foreign partners including the JICA, ADB, KfW and EIB, and put up the transit oriented development (TOD) model to attract further investments.

Comments (0)
  • Read More
EPC contract signed for O Mon IV thermal power project in southern Vietnam

EPC contract signed for O Mon IV thermal power project in southern Vietnam

An EPC contract signing ceremony for the O Mon IV thermal power project in Can Tho city took place on Friday, at the headquarters of state-owned Petrovietnam - the investor.

Energy - Sun, June 8, 2025 | 8:00 am GMT+7

Vietnam's agri major Hoang Anh Gia Lai ventures into mulberry cultivation, coffee production

Vietnam's agri major Hoang Anh Gia Lai ventures into mulberry cultivation, coffee production

After overcoming two major obstacles - debt and accumulated losses - Vietnam's agri major Hoang Anh Gia Lai JSC (HoSE: HAG) is charting a bold five-year strategic roadmap, introducing two new business segments: mulberry cultivation and coffee-tea production.

Companies - Sat, June 7, 2025 | 4:35 pm GMT+7

Stock trading accounts hit 10 mln in Vietnam

Stock trading accounts hit 10 mln in Vietnam

Vietnam recorded a large increase in the number of stock trading accounts in April and May, when the U.S. tariff turbulence caused strong market fluctuations.

Finance - Sat, June 7, 2025 | 3:38 pm GMT+7

Thailand’s SCG books $301 mln in Q1 sales from Vietnam

Thailand’s SCG books $301 mln in Q1 sales from Vietnam

Siam Cement Group (SCG) reported sales of VND7.77 trillion ($301 million) in Vietnam in Q1/2025, reflecting the country as a key market for the Thai conglomerate in Southeast Asia.

Companies - Sat, June 7, 2025 | 9:54 am GMT+7

Vietnam’s energy firm identifies 3 emissions violations among Vietnamese enterprises

Vietnam’s energy firm identifies 3 emissions violations among Vietnamese enterprises

Looking ahead, 2030 is a milestone year, as major global brands such as Unilever, Nestlé, H&M, and Nike have committed to cutting Scope 1 and Scope 2 emissions by 50-65%, said Pham Dang An, CEO of Vu Phong Energy Group, a major developer of clean energy in Vietnam.

Companies - Sat, June 7, 2025 | 8:00 am GMT+7

Deal acquiring financial firm of Vietnam's SeABank invalid: Aeon Financial

Deal acquiring financial firm of Vietnam's SeABank invalid: Aeon Financial

Aeon Financial Service Co., Ltd. on Friday stated that its deal to purchase a financial company owned by Vietnam's SeABank is invalid due to "inappropriate accounting transactions."

Finance - Fri, June 6, 2025 | 11:57 pm GMT+7

VSAP LAB to build $69 mln chip packaging tech laboratory in central Vietnam

VSAP LAB to build $69 mln chip packaging tech laboratory in central Vietnam

Vietnamese private firm VSAP LAB JSC has been approved as the investor of a VND1.8 trillion ($69.11 million) advanced packaging technology laboratory project that will assist semiconductor production in the central city of Danang.

Industries - Fri, June 6, 2025 | 8:11 pm GMT+7

Vietnam's major property developer Hoang Huy successfully raises $30.7 mln from parent company

Vietnam's major property developer Hoang Huy successfully raises $30.7 mln from parent company

Hoang Huy Investment Services JSC (HoSE: HHS) has successfully issued 64 million shares for VND800 billion ($30.7 million) via private placement to its parent company – Hoang Huy Financial Services Investment JSC (TCH).

Companies - Fri, June 6, 2025 | 3:32 pm GMT+7

Subsidiaries, affiliates likely not to enjoy preferential corporate income tax in Vietnam

Subsidiaries, affiliates likely not to enjoy preferential corporate income tax in Vietnam

Subsidiaries and affiliates of enterprises in Vietnam might not be eligible for preferential corporate income tax (CIT) rates of 15-17%, in order to prevent abuse of incentives like splitting income for tax avoidance, according to the Financial and Economic Committee under the National Assembly, the country's legislature.

Finance - Fri, June 6, 2025 | 3:22 pm GMT+7

VPS Securities JSC named Vietnam’s best broker again by The Asset

VPS Securities JSC named Vietnam’s best broker again by The Asset

VPS Securities JSC (VPS) has once again been honored as the “Best Brokerage House in Vietnam” at the Triple A Awards 2025, presented by The Asset, a leading Asia-focused financial publication.

Companies - Fri, June 6, 2025 | 11:40 am GMT+7

Vietnam's agri major BAF eyes two 6-story buildings for pig farming in southern Vietnam

Vietnam's agri major BAF eyes two 6-story buildings for pig farming in southern Vietnam

BAF Vietnam Agriculture JSC has submitted a proposal to the Ministry of Agriculture and Environment to develop a smart pig farming complex including two six-story buildings in the southern provinces of Tay Ninh and Binh Phuoc.

Industries - Fri, June 6, 2025 | 11:20 am GMT+7

Food major Kido leaders reveal real estate ambitions

Food major Kido leaders reveal real estate ambitions

Leaders of Kido Group, a leading Vietnamese food and cooking oil producer, said they see many positive policies that are helping to ease real estate market difficulties and create favorable conditions for the company to develop projects on its land reserves.

Real Estate - Fri, June 6, 2025 | 11:03 am GMT+7

Indonesia accelerates procedures to join OECD

Indonesia accelerates procedures to join OECD

The Indonesian Government has finalised the preparation of the Initial Memorandum (IM) for its accession to the Organisation for Economic Co-operation and Development (OECD), which will be submitted to OECD Secretary-General Matthias Cormann in Paris, France.

Southeast Asia - Fri, June 6, 2025 | 10:16 am GMT+7

OECD lowers Indonesia's growth forecast to 4.7%

OECD lowers Indonesia's growth forecast to 4.7%

The Organisation for Economic Cooperation and Development (OECD) has lowered its forecast for Indonesia's economic growth down to 4.7% this year, from the previous 4.9%, due to weakened domestic sentiment and heightened external risks.

Southeast Asia - Fri, June 6, 2025 | 10:15 am GMT+7

Vietnam, US sign additional agricultural trade deals worth over $600 mln

Vietnam, US sign additional agricultural trade deals worth over $600 mln

Vietnam and the U.S. on Wednesday signed MoUs on importing animal feed materials from Ohio state with total value exceeding $600 million.

Economy - Fri, June 6, 2025 | 10:03 am GMT+7

My Thuy deepwater port to become central Vietnam logistics hub

My Thuy deepwater port to become central Vietnam logistics hub

My Thuy Deepwater Port, once operational, will not only create a new growth pole for the central province of Quang Tri and serve as a gateway to the East Sea, but also become a regional logistics hub.

Infrastructure - Fri, June 6, 2025 | 8:00 am GMT+7