return icon

HCM City to increase bus fare

VietNamNet Bridge - In order to increase revenues, reduce budget subsidies, from January 1, 2013, the bus fare in Ho Chi Minh City will increase by VND1,000 dong per turn.
VietNamNet Bridge - In order to increase revenues, reduce budget subsidies, from January 1, 2013, the bus fare in Ho Chi Minh City will increase by VND1,000 dong per turn.

The HCM City Center for Management and Operating Public Transport said for the subsidized routes of less than 18km long, the fare will increase from VND4,000 to VND5,000/trip. The routes of over 18km long will have fare increasing from VND5,000 to VND6,000/trip.

For the tickets that are sold in set (30 tickets/set,) the price will increase from VND90,000/set to VND112,500/set (equivalent to about VND5000/ticket).

For students, the fare is only VND2,000/ticket.

According to the HCM City Department of Transportation, the increase of bus fare aims to raising revenue for the operation of buses and reducing subsidies from the city budget. It is estimated that thanks to the new bus fare, the city will collect VND240 billion per year.

Subsidies for bus services in Ho Chi Minh City are increasing every year. In 2011 this amount was VND1,269 billion and in 2012 it is expected to increase to VND1,500 billion.

In early 2011, Ho Chi Minh City’s bus fare increased by VND1,000/trip. In early October 2012, Hanoi also raised the bus fare from VND3,000 to VND5,000/turn for the routes of less than 25 km and from VND5,000 to VND7,000/trip for the routes of over 30 km.

To serve the travel demand during the New Year holiday, HCM City plans to increase by nearly 1,300 bus trips (from 29/12/2012 to 1/1/2013,) with up to 360 trips for the An Suong bus station - Suoi Tien Park - National University.

Compiled by Na Son


Achilles heel in tourism

Vietnam’s tourism industry has made only meager strides in diversifying its products despite years of growth.

The most addictive dish on Ha Giang plateau

Ha Giang attracts tourists not only for its majestic natural landscape and honest ethnic people but also for its bold, regional specialties that cannot be found anywhere else.

Liquidity needs to be ensured: Central bank

The Governor of the State Bank of Vietnam (SBV) sent important messages about monetary policies at a meeting with businesses held by SBV and HCM City People’s Committee late last week.

Firms hesitate to access loans due to weak consumption demand

The State Bank of Vietnam last week cut its policy rates for the third time this year to prop up economic growth.

Banks experience significant increases in non-performing loans

Given the challenging economic environment, the performance of numerous banks is rather bleak, particularly due to the mounting bad debt levels.


Work on Cat Bi Airport’s Terminal T2 to start in Q4

Vietnam should consider announcing the end of COVID-19: NA deputy

At the ongoing fifth session of the 15th National Assembly (NA) held on May 29, Nguyen Lan Hieu of the NA Delegation of Binh Dinh province suggested that the end of COVID-19 should be announced.

Cut on automobile registration fees to facilitate auto industry

The Ministry of Industry and Trade supporting the reduction of automobile registration fees is considered a positive effect to the auto industry in the context of the automobile market facing many difficulties.


Vietnam leaves good impressions at multi-ethnic festival in Czech Republic

Vietnam to build center for search and rescue in Spratly Islands

Deputy Prime Minister Tran Luu Quang has approved a project to improve the capacity of incident and natural disaster response and search and rescue to 2030, with a vision to 2045.

Male model finishes as third runner-up at World Fitness Supermodel

Ngo Hoang Linh, the Vietnamese representative at World Fitness Supermodel 2023, was awarded the third runner-up title during the male pageant’s grand final held on May 27 in Thailand.

Old Vietnamese publications in romanised script on display in Paris

An exhibition showcasing old Vietnamese publications in Chu Quoc ngu (romanised Vietnamese script) is underway in Paris, France.

HCMC police raze black-credit companies with illicit profits of over US$176mln

The Ho Chi Minh City Department of Public Security yesterday prosecuted nine people for usury in civil transactions.

Entertainment and cultural events of the week (May 29-June 4/2023)

Upcoming entertainment and cultural events in Vietnam's major cities on May 29-June 4.

More cooperation needed to develop rare earth industry in Vietnam

The applications for rare-earth element products have developed strongly in recent decades, especially in the field of agriculture in which they are used to create clean, safe, and effective agricultural products.