Transport

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Retail Asia13/07/2023

The transport sector carried over 2.17 billion passengers in the first half of 2023, up 15.9% year-on-year, heard a conference hosted by the Ministry of Transport in Hanoi. In the review period, about 1.10 billion tonnes of goods were transported, up 15.9% compared to the same period last year. The volume of railway passengers has […]

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Retail Asia28/12/2022

The Cat Linh – Ha Dong Metro Line in Hanoi has received an additional VND911 billion ($38.6 million) capital increase. The money will come from state coffers, with 24.4% of it from domestic funds and the rest foreign funds, according to a decision signed by Deputy Prime Minister Le Minh Khai. The Ministry of Planning […]

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Retail Asia21/06/2022

It is among many businesses that are suffering due to the surge in fuel prices, which threatens to cause inflation and eventually slow down the recovery of the economy hit by two years of Covid-19. RON95 gasoline saw its price increased by another 2.5 percent to a new peak of VND32,370 ($1.39) on June 13. […]

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Retail Asia07/06/2022

Vietnam Helicopter Corporation’s profits rose by 11 percent to VND263 billion (US$11.3 million) last year despite the severe impact Covid-19 had on the aviation industry. It saw a 6.7 percent drop in revenues to VND2.08 trillion. The company transports cargo and people, trains pilots, imports aviation devices, and offers firefighting services. Owned by the Ministry […]

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Retail Asia12/01/2022

The Ministry of Transport wants private investors to build and operate proposed airports such as Sa Pa in the north and Quang Tri in the central region. It wants two others built under public-private partnerships in Lai Chau and Cao Bang in the north. It also said local authorities should take over the management of […]

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Retail Asia09/08/2021

The prices of imported king crabs and abalones have risen by 30-50 percent in HCMC due to limited supply caused by mobility restrictions. King crabs are sold at VND2.5-2.9 million ($109-126) per kilogram, 50 percent higher year-on-year. Australian and South Korean abalones are sold at 30 percent higher at VND1.6-1.8 million. Salmon prices are up 18 […]

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Retail Asia29/11/2020

The Ministry of Road Transport and Highways (MoRTH) is planning to introduce uniform pollution under control (PUC) certificate for all vehicles across the country. As per the report in ETAuto, the transport ministry will soon be made uniform PUC certificates throughout the country and will come with QR code bearing important details. The QR code […]

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Retail Asia21/02/2020

An elevated section of Ho Chi Minh City’s Ben Thanh-Suoi Tien Metro Line 1 will be tested out within the third quarter this year. This elevated section crosses Ho Chi Minh City’s District 9, spanning from central Binh Thai Station to Long Binh Depot, a train maintenance center, the HCMC Management Authority for Urban Railways […]

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Retail Asia16/10/2019

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Bird, an electric scooter rental company, said on Thursday it had raised $275 million in a funding round led by Canadian pension fund CDPQ and Sequoia Capital, as it looks to take a bigger share of a rapidly growing transportation sector. The deal values the firm at $2.5 billion before the investment, Chief Executive Officer […]

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Retail Asia27/06/2019

Singapore joins other major cities that have enabled open-loop Visa payment cards for public transport, including London, Sydney and New York. Commuters in Singapore can now use their Visa contactless cards or compatible devices to pay for bus or train rides under the Land Transport Authority’s (LTA) SimplyGo initiative, Visa said in an announcement on Thursday. According to Visa, the […]

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Retail Asia28/12/2018

Vietnam’s bullet train will cut travel time between Hanoi and Saigon to five hours from the current 24. The railway project management board has submitted a pre-feasibility study to the Ministry of Transport, which quotes transport consultants’ estimate that if the train travels at 320 km/h, its running time would be from 5 hours 17 […]

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Retail Asia22/12/2017

E-commerce platform Bukalapak kicked off on Wednesday the expansion of its partnership with courier service and logistics company TIKI to facilitate small and medium enterprises (SMEs) in selling their products. The new partnership will enable vendors to accelerate product delivery. For instance, TIKI provides a “booking code” feature in which vendors can fill in the […]

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Retail Asia16/10/2017

It’s important to be cautious when transporting products. Just one dropped box could cause a lot of problems for you. If you’re careful about how you pack, you’ll be able to protect your items from the challenges ahead. These simple and effective tips will help you to keep your products safe. Make Sure Your Pallet […]

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Retail Asia08/03/2017

President Joko Widodo (Jokowi), during a closed-door meeting on Monday, emphasized the need for improving transportation services between the islands of Sumatra and Java by operating better ferries. “We are concerned about the operation of the toll road from Lampung Province to Palembang, which leads to vehicle queues in Merak-Bakauheni crossing lane,” the Lampung Governor […]

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Retail Asia15/02/2017

Nokia has added 10Gbps PON and point-to-point fiber to its access portfolio to help meet demand for high-capacity mobile transport in the 5G era. The mobile transport solution is designed to allow operators to use existing PONs used in FTTH deployments to gain the capacity and coverage 5G requires. The portfolio is also being used […]

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Retail Asia10/01/2017

According to the plan, from now to 2030 Hanoi will develop a system of highways with 4-8 lanes linking Hanoi-Lang Son, Hanoi-HCM City, Hanoi – Thai Nguyen, Ha Noi – Hai Phong, Hanoi – Ha Long, Hanoi – Hoa Binh, Tay Bac – Highway 5, Hanoi-Ho Chi Minh Highway, and turn Thang Long Boulevard and […]

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Retail Asia27/12/2016

The country’s maritime transport sector posted growth for two consecutive years, notwithstanding losses, restructuring and even bankruptcy of several large foreign carriers. Nguyễn Văn Công, Deputy Minister of Transport, hailed results of the maritime transport sector at the conference of the Việt Nam Maritime Administration (Vinamarine) held in Hà Nội on Monday. In 2016, Vinamarine was […]

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Retail Asia06/11/2016

The Indonesia Port Corporation, PT Pelabuhan Indonesia (Pelindo) I, will build seaport infrastructure that supports food logistics transportation in order to reduce shipping costs and improve the quality of food products, Pelindo I Director Bambang Eka Cahyana said. “Right now we are paying attention to the food sector. In Belawan, North Sumatra, this year we […]

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Retail Asia04/10/2016

Gravity Supply Chain, a developer of cloud-based apps that helps companies modernize the management of their global supply chains, released RTM (Route-to-Market), a new tile for its Transport app that provides up-to-date sailing schedules for over 50 major ocean carriers, over 250,000 port pairs covering over 90 percent of the world’s container capacity. Transport RTM […]

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Retail Asia27/09/2016

Transport operator SMRT has been awarded the tender for the construction of a public rail project in Bandung, the Mayor of Indonesia’s third-largest city said, a development that has elicited a thumbs-up from analysts. Local media in Indonesia had reported in recent days that SMRT will be the project operator for the Light Rail Transport […]

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