PM passed strategy on transport restruction
The PM has recently passed the Strategy on the development of transport services by 2020 with a vision towards 2030.
The strategy aims to better transport service quality, cut fees, maintain transport order and safety, protect the environment, meet the rising transport demand for goods and passengers, and raise national competitiveness.
The domestic transport market would be restructured until 2020 in which road transport would be reduced and the market shares of railway and inland waterway would become bigger.
By 2030, total transport output would reach 4.3 billion tons of products and 14 billion of passengers. In the 2021-2030 period, transport of goods and passengers would grow 6.7% and 8.2% yearly.
The strategy also looks to open new air routes to other destinations, improve transport quality and safety for taxi services.
It also targets to speed up equitization process of domestic transport enterprises.
17:52, 2025/02/22
Party chief experiences Ho Chi Minh City’s first metro line
The Party chief’s visit is significant after the National Assembly approved a resolution on February 19 to pilot mechanisms for Ho Chi Minh City’s urban railway development.