Hanoi’s traffic congestion costs $2 million USD a day, UN survey

by VTV408 July 2016 Last updated at 16:48 PM

VTV.vn - Hanoi’s traffic congestion is estimated to cost two million USD a day as people lose their valuable time, fuel and money due to being stuck in traffic jams.

This was announced in the latest survey on Hanoi’s traffic situation by the United Nation's Road Safety Collaboration.

The capital’s streets and roads are frequented by more than five million motorbikes in fierce competition with half a million cars. The situation is forecast to get worse in years to come as it is estimated that some 11 million motorbikes will flood the capital by 2025.

In December last year, the Hanoi municipal People’s Council approved a resolution on a target programme to reduce traffic jams. It is estimated that the programme will cost Hanoi nearly 2.2 trillion VND (99 million USD).

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2024-11-22 16:12 UTC