Travel demand for metro in Ho Chi Minh City: A discrete choice experiment analysis
Nguyen Thanh Son & Nguyen Duy Chinh
By employing discrete choice experiment with face-to-face survey data of 135 local inhabitants in Ho Chi Minh City, this paper analyzes preference for the urban metro network transportation. The result reveals that seat availability, time, and cost reduction of the trip with metro robustly incite users to utilize this transportation service. Passengers of metro are willing to pay 0.606 and 4.106 thousand VND for one minute reduction of travel time and seat availability on the train cart, respectively. Furthermore, monetary welfare gained for a switch to metro is 64.3 thousand VND for each individual. Some implications regarding ticket prices and policy are also discussed.
Discrete Choice Experiment; Urban Transportation Mode; Metro Travel Demand; Ho Chi Minh City.
2019, Journal of Asian Business and Economic Studies
Traditional craft villages play a vital role in the development of rural Vietnam. They have created millions of well-paid jobs and helped enhance the rural life. Yet, the number of researches on traditional craft villages could be only counted on the fingers of one hand, especially quantitative ones. By this paper, we would like to prove that the human capital and family traditions are decisive factors which impinge on the size, product quality and marketing strategies silk producing concerns in Vạn Phúc Village in the North Vietnam.