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What is causing the price volatility of Bheema Cements Limited (518017) ✌️【Fund】✌️ Real-time global market indices and futures data to help you capture market opportunities and achieve stable growth. A dozen years after it broke ground, Vietnam’s largest city has unveiled its first mass rapid transit line.

Hundreds of people lined up for the chance to be among the first passengers to board Metro Line 1 as it began operations in Ho Chi Minh City on Sunday, according to state-run news agency Viet Nam News.

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Its opening comes after years of delays, caused by factors including the Covid-19 pandemic and financial constraints, according to state media.

“After 17 years of planning and 12 years of construction, the inauguration of this metro line today marks a significant milestone in the advancement of public transportation within the city,” said city official Bui Xuan Cuong at a ceremony to inaugurate the line.

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Vietnam’s transit infrastructure has been the site of competition between Japan and China, both of whom are eager to strengthen their influence throughout Asia.

What is causing the price volatility of Bheema Cements Limited (518017) ✌️【Fund】✌️ Expert market predictions with real-time global market, futures, metals, and energy data to help you stay in tune with market trends. Although Japan got into the game first, ultimately putting 43.7 trillion Vietnamese dong ($1.72 billion) into the Ho Chi Minh City project, capital city Hanoi’s China-backed system beat it to the punch by opening its first metro line in 2021. Construction on Hanoi’s second metro line is due to begin in 2025.

Earlier this year, the Vietnamese government announced ambitious plans to build twohigh-speed rail linesconnecting with China, the country’s biggest trading partner.

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