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According to Akira Hosomi, operation and maintenance specialist of NJPT Contractors Consortium, Ho Chi Minh City’s Metro line No. 1 using Japanese technologies is the first project in Vietnam that Japanese experts have transferred the know-how to Vietnamese operators. The first generation of trainees will act as the core human resources to support the development of the future urban railway system in Vietnam in general and in Ho Chi Minh City in particular, he said. He said that the trainees will be equipped with sufficient knowledge, skills to safely and effectively operate and exploit the metro line as well as prepare for the next step of the project. According to the Urban Railway Management Board, work on Metro Line No.1 has been completed by 94.38%. Metro Line No.1, nearly 20km long, has a total investment of over VND 43.7 trillion (USD 1.9 billion). It consists of 14 stations, three underground and 11 elevated, and runs through District 1, Binh Thanh district, Thu Duc … [Read more...] about Technicians, managers trained for operating Ho Chi Minh City’s Metro Line No.1

Nhon-Hanoi Station metro line on a trial run in late 2022. (Photo: VNA) Hanoi (VNA) – Hanoi’s authorities have proposed delaying the operation of the elevated section of Nhon-Hanoi Station metro line, the second of its kind in Hanoi, to August 2023 instead of late 2022 as planned. The municipal People’s Committee plans to complete the Nhon depot in May this year and hand over the system and safety certificate in August the same year. The city’s authorities blamed the delay on limited capacity of contractors, investors and consultant units as well as improper cooperation of relevant agencies. Other reasons come from problems related to regulations, standards, unit prices, railway materials and equipment. The city’s authorities also proposed extending the operation time of the whole metro line until 2027, thus increasing the construction costs by about 1.9 trillion VND (80.5 million USD to over 34.8 trillion VND (1.4 billion USD). The metro line’s expenditure was … [Read more...] about Hanoi’s second metro line delayed one more time

Ho Chi Minh City's Metro Line No.1, nearly 20km long, has a total investment of over 43.7 trillion VND (1.9 billion USD). (Photo: tuoitre.vn) Ho Chi Minh City (VNA) – Nearly 30 technicians and managers attended a training class on March 18 as a preparation for the operation of urban railway Metro Line No1 (Ben Thanh-Suoi Tien) in Ho Chi Minh City. According to Akira Hosomi, operation and maintenance specialist of NJPT Contractors Consortium, Ho Chi Minh City’s Metro line No. 1 using Japanese technologies is the first project in Vietnam that Japanese experts have transferred the know-how to Vietnamese operators. The first generation of trainees will act as the core human resources to support the development of the future urban railway system in Vietnam in general and in Ho Chi Minh City in particular, he said. He said that the trainees will be equipped with sufficient knowledge, skills to safely and effectively operate and exploit the metro line as well as prepare for the … [Read more...] about Technicians, managers trained for operating Ho Chi Minh City’s Metro Line No1

Hanoi (VNA) - The following is a list of selected news summaries last weekend by the Vietnam News Agency. - The Vietnamese Government commits to creating all possible conditions for businesses to growth further, Prime Minister Pham Minh Chinh affirmed at the Vietnam Business Forum 2023 (VBF 2023) in Hanoi on March 19. Reviewing the country’s socio-economic recovery and development achievements in 2022, the PM said the macro economy remained stable, major economic balances were ensured, and notably the domestic investment and business environment was improved significantly. Read full story - State-run groups and corporations must operate effectively to contribute to building an independent and self-reliant economy, Prime Minister Minister Pham Minh Chinh requested on March 18 at a conference on solutions to innovate the operation of the Committee for Management of State Capital at Enterprises (CMSC) and effectively promote investment resources of State groups and corporations. … [Read more...] about ☀️ Morning digest March 20

As of March 2023, the city has disbursed about VND3.9 trillion ($165.4 million), accounting for 8% of the planned disbursement for the year. This year, Hanoi aims to disburse 100% of public funds, which is seen as a key measure to boost the city's socio-economic development. The Cat Linh - Ha Dong urban railway in Hanoi. Photo: Hai Linh The city's main objective is to ensure that departments, branches, districts, and other project stakeholders take immediate action to implement the established disbursement roadmap, with a focus on addressing project difficulties and issues. Recently, Chairman of the Hanoi People's Committee Tran Sy Thanh instructed the units responsible for investment preparation to expedite the approval process and submit the investment plan to the City People's Council for approval. This is in preparation for the upcoming meeting of the City People's Council in early July 2023, where 62 new projects to be funded under the 5-year … [Read more...] about Hanoi targets 100% disbursement of public investment plan in 2023