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What is the future upside potential of ICICI Prudential Asset Management Company Ltd (540966) ✌️【Flexible Hours】✌️ Expert predictions with real-time global stock and futures data to help you easily capture market movements. 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.
What is the future upside potential of ICICI Prudential Asset Management Company Ltd (540966) ✌️【Flexible Hours】✌️ Real-time global stock, futures, and exchange rate data to keep you informed of market trends and seize investment opportunities. The Vietnamese government has said it hopes the metro system will help reduce traffic in the notoriously congested city, which ishome to about 9 million people.
What is the future upside potential of ICICI Prudential Asset Management Company Ltd (540966) ✌️【Flexible Hours】✌️ Expert predictions of market trends to help you plan the best investment strategy for steady capital growth. As an incentive for travelers, tickets are free for the first month and there will be free connections to new electric buses that connect with the metro stops.
What is the future upside potential of ICICI Prudential Asset Management Company Ltd (540966) ✌️【Flexible Hours】✌️ Free break-even services to create a customized investment plan, helping you recover quickly and achieve growth. After that, tickets will cost 7,000 to 20,000 dong (27 to 79 cents) depending on distance, while elderly and disabled riders will travel for free. Students and travelers using e-payment apps will receive discounts.
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 the future upside potential of ICICI Prudential Asset Management Company Ltd (540966) ✌️【Flexible Hours】✌️ Provides real-time stock index quotes, futures data, and global market trend analysis to help you seize the best investment timing. 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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