Ho Chi Minh City plans to start five metro lines totaling over 167 km simultaneously at the end of 2026, according to the city's Department of Construction. The Thu Thiem – Long Thanh line, 47 km long and built under a PPP model with total investment of about 134,000 billion VND, has the largest capital and runs through both HCMC and Dong Nai. Approval for that line is expected in November, and for the others in November or December. The city aims to complete 255 km of metro by 2030 and more than 500 km by 2035, while gradually raising the local-content share so Vietnamese firms can take a deeper role in the supply chain.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: TP.HCM dự kiến khởi công 5 tuyến metro hơn 167km cuối năm 2026
Related tickers and likely impact
VCG
▲ Likely positiveVinaconex
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Real Estate |
| Industry | Real Estate Holding & Development |
| Market cap | 10,577 bn VND |
| P/E | 2.6 |
| P/B | 0.97 |
| Close on 10/14/2026 | 14.20 |
| Change that session | +2.16% |
CTD
▲ Likely positiveCOTECCONS
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Construction & Materials |
| Industry | Heavy Construction |
| Market cap | 6,978 bn VND |
| P/E | 8.9 |
| P/B | 0.72 |
| Close on 10/14/2026 | 63.60 |
| Change that session | +2.42% |
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