Hanoi, Feb. 26 -- National Assembly (NA) Chairman Tran Thanh Man has signed to attest Resolution No. 188/2025/QH15, which introduces a set of pilot mechanisms and policies designed to drive the development of urban rail networks in Hanoi and Ho Chi Minh City.

The resolution outlines a series of specific mechanisms and policies, including the mobilisation and allocation of investment capital; procedures for investing in urban rail projects and those based on the Transit-Oriented Development (TOD) model; the development of the rail industry, technology transfer, and workforce training; policies on construction materials and waste disposal; and specific regulations for HCM City.

Regarding the mobilisation and allocation of investment funds...