The Hanoi People's Committee has just decided to increase subsidized bus fares in the area from November 1, 2024. Accordingly, Hanoi bus fares for distances under 15km will increase from VND 7,000 to VND 8,000/trip; from 15km to under 25km will increase from VND 7,000 to VND 10,000/trip.
For routes with distances from 25km to under 30km, ticket prices increase from VND8,000 to VND12,000/trip; from 30km to under 40km, they increase from VND9,000 to VND15,000/trip; and from 40km or more, they increase from VND9,000 to VND20,000/trip.
Hanoi increases ticket prices for the first time after more than 10 years of keeping them unchanged.
For monthly tickets, monthly tickets sold to priority groups include: High school students, university, college, vocational high school students (excluding work-study training programs), industrial park workers traveling on one route is 70,000 VND (currently 55,000 VND); inter-route tickets are 140,000 VND (currently 100,000 VND). Tickets purchased in the form of groups (no priority) traveling on one route are 100,000 VND (currently 70,000 VND), inter-route tickets are 200,000 VND (currently 140,000 VND).
People with meritorious services, the elderly (60 years old and above), people with disabilities, children under 6 years old, and poor households are exempt from ticket fees.
The Hanoi People's Committee assigned the Department of Transport to preside over and coordinate with the Department of Finance and the Hanoi Tax Department to guide the Hanoi City Traffic Management and Operation Center and the operating units providing subsidized public passenger transport services by bus in the city to implement ticket prices according to the right subjects and comply with current State regulations on ticket, receipt and stamp management.
The cost of public transport has increased by about 50% compared to 2014.
During the implementation process, the Department of Transport shall preside over and coordinate with the Department of Finance and relevant units to regularly review unreasonable contents (if any), synthesize, advise, and report to the City People's Committee for timely consideration, adjustment, and supplementation.
Hanoi Department of Transport said that since 2014, the city has not adjusted the fares, so the fares are low compared to the average income of the people. The cost of bus fares and travel expenses accounts for about 10% of total income, while input factors for bus operations such as fuel prices, salaries, etc. have all increased compared to before. The cost of public transport has increased by about 50% compared to 2014.
