(Photo: VinBus)
Residents in Ho Chi Ming City were disappointed to hear that the D4 electric bus route from Vinhomes Grand Park to Sai Gon Bus Station might come to a stop. The bus service attracts a huge number of passengers as it is convenient and clean, which is different from other bus services.
In the first nine months 2023, nearly 29,000 trips were provided, serving 820,000 passengers. But the bus route is likely to stop because of heavy losses.
According to VinBus, the investor, the subsidy rate 44.1% is too low, which is just 2/3 of that for buses using diesel and compressed natural gas (CNG). Despite a steady rise in the number of passengers, the revenue remains insufficient to cover expenses.
