Over a year since its launch, Hanoi’s public bike rental service has shown promising results due to its convenient design and affordable rates. Currently, there are 700 bikes across 99 stations in six central districts, with stations placed near popular recreational areas, pedestrian streets, and transit hubs like bus terminals and rail stations. The rental rates are attractive, with standard bikes costing only 5,000 VND (around $0.20) per 30 minutes and e-bikes priced at 10,000 VND (about $0.40).
Despite the low cost and accessibility, issues persist. Utilization rates are inconsistent, with electric bikes preferred over standard bikes, which affects optimal use. The lack of connectivity between bike stations and the current station placements make it challenging for users to link easily with other forms of public transit. Improvements are needed to create a more flexible, well-connected network.
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Source: Vietnam Insider