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transport

Deputy PM discusses financial measures for VEC to implement expressway projects

Deputy PM discusses financial measures for VEC to implement expressway projects

Deputy Prime Minister Hồ Đức Phớc on Tuesday worked with Việt Nam Expressway Corporation (VEC) on solutions to improve the highway developer’s financial capacity to implement expressway projects.
Proposal on establishing railway joint venture considered

Proposal on establishing railway joint venture considered

The Vietnam Railway Corporation (VNR) has sent a written document requesting the Ministry of Transport to report to the Prime Minister its proposal on establishing a joint venture to develop the railway industry.
Road freight remains key in Southeast Asia, including Việt Nam

Road freight remains key in Southeast Asia, including Việt Nam

Road transport of goods will continue to play a critical and increased role in Southeast Asia including Việt Nam as companies look to build more resilient supply chains, experts have said.
Đèo Cả to raise over 16.4 million from private placement

Đèo Cả to raise over $16.4 million from private placement

The issuance is expected to occur between 2024 and 2025, after completing the necessary registration procedures with regulatory authorities.
Quảng Trị develops infrastructure for coal transport from Laos

Quảng Trị develops infrastructure for coal transport from Laos

The central province of Quảng Trị is developing its infrastructure to facilitate coal transport from Laos via La Lay International Border Gate in A Ngo commune of Đakrông district.
Hà Nội and Sài Gòn Railway transport companies set to merge this year

Hà Nội and Sài Gòn Railway transport companies set to merge this year

The newly approved plan for managing and exploiting State-owned railway infrastructure is key to enhancing and boosting the performance of the Việt Nam Railway Corporation (VNR).
Promoting electronic payments in transport sector

Promoting electronic payments in transport sector

In the future, other providers such as Visa can sign contracts with VETC, VDTC to connect payment methods and vehicle owners can choose Visa wallets to connect payments.
Railway development a priority for the next 25 years

Railway development a priority for the next 25 years

The Ministry of Transport said priority will be given to developing the railway to promote its advantages in transporting large volumes, its speed, safety, convenience, cost and for how it protects the environment.
Transport sector plans to reach a public investment disbursement rate of 98 per cent this year

Transport sector plans to reach a public investment disbursement rate of 98 per cent this year

The Ministry of Transport plans to disburse a sum worth VNĐ75.824 trillion (US$3.03 billion) or 98.5 per cent of the allocated public investment this year, according to the ministry’s Department of Planning and Investment.
Vietjet enhances air transport connectivity between Việt Nam and Laos

Vietjet enhances air transport connectivity between Việt Nam and Laos

Vietjet will collaborate with the Department of Civil Aviation of Laos to implement aviation-related projects and further expand air transport activities in Laos, which is expected to up to 2,500 new jobs in the aviation sector.
Rail transport gains two-digit growth

Rail transport gains two-digit growth

In the first six months of the year, Vietnam Railway Corporation''s total revenue rose by 10 per cent year-on-year to more than VNĐ4.5 trillion, including VNĐ3 trillion from the parent company, up by 11.2 per cent.
Merger of two railways to be completed by the end of this year

Merger of two railways to be completed by the end of this year

The merger of Hà Nội and Sài Gòn railway companies into Railway Transport JSC with over VNĐ1.3 trillion (US$51.2 million) in capital will be completed by year-end.
Railway, marine, waterway transport sectors need to find ways to increase market share

Railway, marine, waterway transport sectors need to find ways to increase market share

After many years of restructuring the transport market, the transport market share now is less than 1 per cent for railway, and less than 20 per cent for maritime and waterway. The transport activities mainly depend on roads. 
Vietjets air transport revenue hit US2.16 billion in 2023

Vietjet’s air transport revenue hit US$2.16 billion in 2023

Ancillary and cargo revenue amounted to nearly VNĐ21 trillion, surging over 60 per cent year-on-year or accounting for 39 per cent of the total air transport revenue.
Hải An Transport issues 20m worth of convertible bonds to 4 investment funds

Hải An Transport issues $20m worth of convertible bonds to 4 investment funds

SSI Securities Corporation has successfully advised Hải An Transport and Stevedoring JSC’s issuance of convertible bonds worth VNĐ500 billion (US$20.38 million) to four investment funds.