A container train service linking Danang City of Vietnam and Europe has been suspended due to concerns over the Russia-Ukraine military conflict, according to the Vietnam Railway Corporation (VNR). As planned earlier, the train service was supposed to be launched early this month. The train consists of 23 40-foot containers, transporting IKEA-branded furniture to Europe, […]
Read MoreE-riding firms have raised taxi fares, and traditional taxi firms are expected to follow the move. Hailing a car to the office on Monday, Thu Trang, an office worker in Hoang Liet, Hanoi, noticed a high fare, which was thought to be attributed to the rain, which had raised demand. However, the real reason was […]
Read MoreInvestors currently have many opportunities to participate in maritime projects worth more than 300,000 billion VND after Vietnam’s master plan on seaport system development is approved. The Vietnam Maritime Administration is about to submit to the Ministry of Transport for approval the policy and resources to implement the master plan on Vietnam’s seaport system development […]
Read MoreThe crude oil price in the world market has reached a 14-year high and is nearing $140 per barrel. Experts predict the petrol price may rise to $30,000 per liter if there is no price intervention. The oil price has been surging sharply since early this week as a result of the concern about supply […]
Read MoreCainiao Network, the logistics arm of Alibaba Group, has announced the development of Cainiao Dong Nai Smart Logistics Park, which will be located in the Dong Nai province of Vietnam. The project, which has a total land size of nearly 168,000 square meters, will provide around 90,000 square meters of warehouse leasing space to support […]
Read MoreThe fuel price has been increasing over the last two months, dealing another blow to transport firms that have not recovered from Covid-19. Nguyen Anh Cuong, the owner of a transport firm providing services on Son La – Hanoi route, said the expenses on fuel account for 40 percent of transportation costs. The fuel price […]
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