Objection is widespread to plans proposed by the Vietnam Road Administration to impose road fees in an effort to have sufficient capital for the Road Maintenance Fund, though all agree that repairing and upgrading the road system is imperative. In one of its three tentative plans submitted to the Government, the Road Administration calls for [...]
Vietnam will focus on improving transportation infrastructure as high-speed rail construction is beyond the country’s competence, said the newly-elected Transport Minister Dinh La Thang. “The current situation of Vietnam doesn’t allow the government to undertake a project on the high-speed rail,” Thang told press reporters after the National Assembly session Wednesday. He claimed that high-speed [...]
The 14-year delayed Thi Vai international port project looks to have entered smoother waters. The project has just received a new investment certificate to allow the joint venture between Vung Tau Shipping and Service Company, Vietnam Steel Corporation and Japan’s Kyoei Steel Company to build and operate the 46 hectare port till 2029. Under the [...]
Some enterprises, which provide ship towing services in Vung Tau City, complain that they are “more dead than alive” because of the difficulties the Vung Tau port authorities put for them. While other enterprises have to struggle to exist, Bien Xanh Transport Company and the Vung Tau Towing Company (VTT) have been developing well. According [...]
The Vietnam National Shipping Lines, or Vinalines, suffered a loss of VND660 billion ($33 million) in the first half, its CEO Nguyen Canh Viet said yesterday. This was the company’s first loss in 16 years of operation, he added. Part of the loss was reported by the five enterprises that Vinalines had to take over [...]
It is part of the Singapore-Kunming railroad project, so it will be a key railroad for Cambodia to transport commodities to regional and global markets, especially in the framework of ASEAN-China Free Trade Area. The feasibility study for the construction was implemented by the Chinese Railway Ministry’s Third Railway Survey and Design Institute since July [...]
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