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South Korean company Hyundai Rotem, a subsidiary of the Hyundai Motor Group, has entered into a technology transfer agreement with Thaco, a Vietnamese automaker. The deal will enable Thaco to manufacture rolling stock for metros and high-speed railway systems…
The Land Transport Authority (LTA) in Singapore is taking the initiative to upgrade its rail infrastructure’s video transport and CCTV network. The project is being launched in partnership with Nokia and Hitachi Rail, and its primary goal is to boost…
In a compelling dialogue at the 16th Annual Meeting of the New Champions, held by the World Economic Forum in Tianjin, China, Siemens’ Chief Technology Officer and Chief Strategy Officer, Peter Keotre, presented an ambitious invitation to Vietnam’s Prime…
Thaco is gearing up to revolutionize Vietnam’s transportation landscape with an ambitious high-speed railway project that promises to reshape connections between major cities. The company plans to cover 20% of the project’s costs and seek loans from both…
Train operator Vietnam Railways expects to earn a profit this year after posting losses in three previous years due to the impact of Covid-19. The company predicts a post-tax profit of VND3 billion ($127,960) and a revenue of over VND6.5 trillion. In the…
Vietnam Railways owes its 11,300 workers four months’ salaries due to a funding delay by the government, and fears this could cause many to quit. It reminded the government that it was supposed to receive VND2.8 trillion ($121.3 million) at the beginning of…
DHL Global Forwarding launched a new rail freight service between Shenzhen, China, and Minsk, Belarus, on May 22 with a transit time of less than 12 days. The new service passes through Alatau Shankou – Dostyk on the Chinese-Kazakhstan border which is already…
After encountering a slew of character cafes this year, it was particularly refreshing to discover the travel-themed Japan Rail Cafe. The first of its kind in the world, the cafe is East Japan Railway Company (JR East)’s first overseas venture. For the…
Indonesia has officially offered Japan the opportunity to take part in the semi high-speed rail construction project connecting Jakarta to Surabaya in East Java, a senior minister said. Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan delivered…
