Bus companies in Ha Noi and HCM City are ready to roll out more vehicles to meet additional demand for the Independence Day holiday from September 1 to September 4. Independence Day this year will be a three-day holiday because it falls on Friday. Bus firms are therefore expecting more passengers than usual for this [...]
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 [...]
Scores of Ho Chi Minh City-based transport firms are weighing up hiking fares on the back of escalating fuel costs. The recent fuel price surge on March 29 made a number of transport firms mull plans to hike fares. Accordingly, a litre of petrol jumped 10 per cent to VND21,300 ($1.02) from VND19,300, while a [...]
Permanent deputy chairman of the Viet Nam Bridge and Road Association Nguyen Ngoc Long spoke with Tuoi Tre (Youth) newspaper about transport infrastructure projects. Why did you say authorities needed to be cautious when finishing infrastructure projects built under the BOT (build, operate, transfer) and BT (build, transfer) models? We must pay greater attention to [...]
In 2011, the capital for transport investment and development would be about 38 trillion dong, Ministry of Transport said. Accordingly, the capital from the state budget would be about 6 trillion dong, the advanced capital of the plan for 2012 at 5 trillion dong, capital from government at 11 trillion dong and the capital from [...]
Transport Minister Ho Nghia Dung talked to Thoi bao Kinh te Viet Nam (Vietnam Economic Times) about the need for more diversified financial resources for investment in traffic infrastructure. Viet Nam’s Socio-Economic Development Strategy for 2011-20 plans great improvements in the nation’s transport sector. How has the Ministry of Transport prepared to meet these targets? [...]
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