Vietnam set to approve pre-feasibility study for Hanoi's $2.7 bln metro line No.5

By Tri Duc
Tue, September 19, 2023 | 9:57 pm GMT+7

The national appraisal council is set to approve a pre-feasibility study for Hanoi’s fifth metro route with an expected investment of VND65.4 trillion ($2.68 billion).

A decision to this effect was signed by Nguyen Chi Dung, head of the council and also Minister of Planning and Investment, the Hanoi Metropolitan Railway Management Board (MRB) announced Tuesday.

The move is an important step for the project of national importance, prior to approvals by the National Assembly and the Prime Minister.

The investment will be drawn from the municipal budget of Hanoi as part of the city’s medium-term (2021-2025) plan with possible adjustments for the 2026-2030 period.

Trains that will run on Hanoi's Metro No.2 route when it becomes operational. Photo courtesy of Laborer newspaper.

Trains that will run on Hanoi's Metro No.2 route when it becomes operational. Photo courtesy of Laborer newspaper.

The metro will follow the standard double track gauge of 1,435 millimeters as it connects the major stations of Van Cao, Ngoc Khanh, Lang, and Hoa Lac. With a total length of 38.43 kilometers, the route run 6.5 kilometers underground, two kilometres on elevated sections and 29.93 kilometers at ground-level.

The route, passing through the capital city’s inner districts of Ba Dinh, Dong Da, Cau Giay, Nam Tu Liem and outer districts of Hoai Duc, Quoc Oai and Thach That, will connect crowded residential areas with the satellite residential area of Hoa Lac, in a bid to reduce population density in overcrowded districts. It will also help the relocation of government agencies, industrial facilities, healthcare and education establishments from central to outer districts, the MRB said.

The Metro No.5 will also connect with the Metro No. 2, 3, 4, 6, 7 and 8 routes to form a network of connectivity between inner and outer areas of the capital city, aiding the growth of outer areas, the board added.

Vietnam has invested VND66.01 trillion ($2.76 billion) in the metro systems of Hanoi and Ho Chi Minh City in the past decade, but the capital city’s Cat Linh-Ha Dong route is the only one that has begun operations.

In a draft report on railway investments funded by state budget, the Ministry of Transport noted that many metro projects in Hanoi and HCMC were progressing very slowly and needed more capital.

Hanoi’s first metro line, the Cat Linh-Ha Dong route, officially began operations on January 13, 2022 after over a decade of construction. With a total investment of approximately $868 million funded with Chinese ODA, the route has an elevated section more than 13 km long as it operates 13 trains through 12 stations.

Comments (0)
  • Read More
New train helps tourists explore landmarks of Hanoi, Bac Ninh province

New train helps tourists explore landmarks of Hanoi, Bac Ninh province

The Hanoi Train officially began operation on Saturday, offering visitors a new way to explore the capital’s landmarks and travel to Tu Son in Bac Ninh province.

Travel - Sun, September 7, 2025 | 8:20 pm GMT+7

Vietnam’s e-motorbike market enters stage of fierce competition

Vietnam’s e-motorbike market enters stage of fierce competition

Vietnam’s electric motorbike market is entering a new phase of intense competition as domestic and foreign manufacturers are accelerating their expansion, diversify products, and invest heavily in infrastructure.

Companies - Sun, September 7, 2025 | 6:06 pm GMT+7

HCMC fast-tracks rail projects proposed by private conglomerates

HCMC fast-tracks rail projects proposed by private conglomerates

The Ho Chi Minh City People’s Committee has asked municipal agencies to work with major private conglomerates to finalize investment plans for the railway projects they proposed.

Infrastructure - Sun, September 7, 2025 | 1:52 pm GMT+7

Vietnam's Finance Ministry targets 60% public investment disbursement by end-Q3

Vietnam's Finance Ministry targets 60% public investment disbursement by end-Q3

Vietnam’s public investment disbursement reached VND409.17 trillion ($15.49 billion) in the year to August 31, equal to 39.9% of the year's plan and 46.3% of the Prime Minister’s target, the Ministry of Finance (MoF) reported.

Economy - Sun, September 7, 2025 | 10:53 am GMT+7

Vietnam posts nearly $14 bln trade surplus in 8 months

Vietnam posts nearly $14 bln trade surplus in 8 months

Vietnam recorded a trade surplus of $13.99 billion in the first eight months of 2025, according to the General Statistics Office under the Ministry of Finance.

Economy - Sun, September 7, 2025 | 10:41 am GMT+7

S&P upgrades ratings of three Vietnamese banks, citing resilient economy

S&P upgrades ratings of three Vietnamese banks, citing resilient economy

S&P Global Ratings has raised the long-term credit ratings of three major Vietnamese banks, reflecting the stronger resilience of the country’s financial system and continued above-average economic growth.

Banking - Sun, September 7, 2025 | 10:34 am GMT+7

Luong Nguyen Minh Triet appointed top leader of central Vietnam hub Danang

Luong Nguyen Minh Triet appointed top leader of central Vietnam hub Danang

Luong Nguyen Minh Triet, deputy Party chief of Danang and Chairman of the municipal People's Committee, has been appointed the city's Party chief - the highest position in the locality.

Politics - Sun, September 7, 2025 | 9:53 am GMT+7

Sun Group aims to launch $2 bln casino-resort complex in northern Vietnam by 2032

Sun Group aims to launch $2 bln casino-resort complex in northern Vietnam by 2032

Sun Group, one of Vietnam’s leading property developers, targets to complete its VND51.6 trillion ($2 billion) casino and resort complex project in the northern coastal province of Quang Ninh by 2032.

Real Estate - Sun, September 7, 2025 | 8:00 am GMT+7

Vietnam's industrial production on upward trend

Vietnam's industrial production on upward trend

Vietnam's industrial production index continued to rise in the first eight months of the year, with all 34 cities and provinces recording an increase.

Economy - Sat, September 6, 2025 | 10:20 pm GMT+7

Vietnam's leading industrial park developer Becamex IDC raises $75 mln in latest bond issuance

Vietnam's leading industrial park developer Becamex IDC raises $75 mln in latest bond issuance

Becamex IDC (HoSE: BCM), a leading Vietnamese industrial park developer, has raised VND2 trillion ($75.4 million) in its latest bond issuance.

Finance - Sat, September 6, 2025 | 8:35 pm GMT+7

Vietnam's FDI capital disbursement hits five-year high amid global decline

Vietnam's FDI capital disbursement hits five-year high amid global decline

Disbursed foreign direct investment (FDI) capital in Vietnam hit $15.4 billion in Jan-August, up 8.8% year-on-year, despite declining global investment flows, the Foreign Investment Agency (FIA) reported.

Economy - Sat, September 6, 2025 | 4:30 pm GMT+7

EVNNPT leader inspects 220kV substation project progress in central Vietnam

EVNNPT leader inspects 220kV substation project progress in central Vietnam

Pham Le Phu, CEO of EVNNPT, a subsidiary of state utility Electricity Vietnam (EVN), on Thursday inspected the construction of the 220kV Chan May Substation and its associated transmission line in the central city of Hue.

Companies - Sat, September 6, 2025 | 3:42 pm GMT+7

Vietnam’s gas transmission firm PV Gas SE: a journey of creation and pride

Vietnam’s gas transmission firm PV Gas SE: a journey of creation and pride

For over two decades, Petrovietnam Gas South East Transmission Company (PV Gas SE) has stood as a lasting symbol within Petrovietnam Gas Joint Stock Corporation (PV Gas) - one of the earliest-established units closely tied to the pioneering steps of Vietnam’s gas industry.

Companies - Sat, September 6, 2025 | 3:33 pm GMT+7

Politician Anutin Charnvirakul wins vote to become new Thai PM

Politician Anutin Charnvirakul wins vote to become new Thai PM

Thailand’s Bhumjaithai Party leader Anutin Charnvirakul has secured enough votes to become the country's new Prime Minister.

Southeast Asia - Sat, September 6, 2025 | 10:55 am GMT+7

Vietnam’s sugar productivity maintains top regional spot

Vietnam’s sugar productivity maintains top regional spot

In the 2024-2025 crop, Vietnam maintained its position as the regional leader in sugar productivity, reaping 6.69 tons per hectare, outpacing other major producers such as Thailand, Indonesia, and the Philippines.

Companies - Sat, September 6, 2025 | 10:53 am GMT+7

Gaming drives Vietnam tech unicorn VNG’s H1 revenue

Gaming drives Vietnam tech unicorn VNG’s H1 revenue

Vietnamese tech unicorn VNG Corp (UPCoM: VNZ) reported net revenue of over VND4.8 trillion ($181.82 million) in H1, up 11% year-on-year, with gaming remaining its major contributor at VND3.59 trillion ($135.98 million).

Companies - Sat, September 6, 2025 | 10:39 am GMT+7