The number of passengers who use the Cat Linh-Ha Dong urban metro line – the first of its kind in Vietnam – has been increasing since it was put into operation three years ago.
People on the Cat Linh-Ha Dong urban metro line in Hanoi. (Photo: VNA)
Hanoi (VNA)🦂 – The number of passengers who use the Cat Linh-Ha Dong urban metro line – the first of its kind in Vietnam – has been increasing since it was put into operation three years ago.
According to Vu Hong Truong, General Director of the Hanoi Metro - the operator of the Cat Linh – Ha Dong urban metro line, after three years of operation, the line currently serves over 35,000 passengers daily.
Among these passengers, 47% are commuters, 45% students, and the remaining 8% travelling for other purposes. Notably, regular passengers make up an average of 70% of daily users, which rises to over 85% during peak hours.
Truong noted that the railway line helps make many people shift from using personal vehicles to public means of transportation.
According to the newly-approved master plant for the city's development in the 2021-2030 period with a vision to 2050, Hanoi authorities identified special mechanisms to speed up the construction of 14 urban railway lines in the city, four more than the number of lines approved in the previous plan.
This urban metro line is more than 13km long and has 12 stations and 13 trains. Each train, whose designed speed is 80 km per hour, has four carriages capable of carrying over 900 passengers.
Currently, ticket prices range from 8,000 VND for a single ride to 15,000 VND for the entire route. A daily pass costs 30,000 VND per ticket, and a monthly pass costs 200,000 VND./.
The Hanoi Railway Company Limited (Hanoi Metro), the operator of the Cat Linh – Ha Dong urban metro line, announced that in 2023, the company made a profit of over 13 billion VND (510,730 USD), nearly six times more than the previous year.
The Cat Linh – Ha Dong metro line served more than 2.65 million passengers in the first quarter of this year, skyrocketing 262% year-on-year, according to General Director of Hanoi Railway Company Limited (Hanoi Metro) Vu Hong Truong.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
