These projects have already received approved detailed planning and are part of the Mekong Delta city’s portfolio to invite independent social housing investment.
The project is designed with a planned capacity of 1.5 million passengers per year by 2030, rising to 2.5 million by 2050. The total investment is estimated at nearly $350 million.
There is significant potential for further cooperation between the two sides in wastewater treatment, river flood control, and other environmental solutions.
Concerns over traditional energy supplies have boosted interest in Vietnam’s electric vehicle market, but a host of matters still need to be addressed.
Having exported high-speed trains to several countries, South Korea is now looking to expand its collaboration with Vietnam, specifically by proposing to supply trains for Metro Line No. 2 in Ho Chi Minh City.