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In an effort to promote increased use of trains amidst surging fuel costs, Malaysia has implemented a 30% fare reduction on weekdays for its Electric Train Service and Ekspres Rakyat Timuran routes. This incentive is applicable for journeys between Johor…
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…
Singapore’s adult commuters will soon face a 9-10 cent (0.07-0.08 USD) increase in their public bus and train fares per trip, corresponding to an overall public transport price increase of 5%. Rising fares from December 27 Starting from December 27, the base…
The New South Wales (NSW) Government has issued a stern warning to cyclists intending to board the Sydney rail system with modified e-bikes. Beginning on November 1st, such individuals could be penalized with a considerable fine ranging from $400 to $1,110.…
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…
Trains between Hanoi and popular central and southern tourist destinations are in demand, with sleeper berths sold out on weekends, thanks to improved pricing policies and services. When Thu Minh from Hanoi attempted to purchase train tickets for her family’s…
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…
During a recent reception in Hanoi on May 21, Vietnamese Prime Minister Pham Minh Chinh met with Zhou Jiayi, President of PowerChina Asia Pacific, to discuss exciting prospects for collaboration on the Hai Phong – Hanoi – Lao Cai railway line. This key…
Thailand expects its 609-km (378 miles) portion of a high-speed railway that will connect it with China through Laos to begin operations in 2030, its government said, nearly a decade later than originally planned. More than a third of construction has been…
Vietnam’s north-south high-speed rail is expected to cost US$500 million a year to operate in the initial time, with the government footing a substantial part of the bill. According to the Ministry of Transport, in the first four years revenues are expected…
High-speed rail tickets are expected to cost 75% of airfares or VND1.7-6.9 million (US$69-280), according to a pre-feasibility study the government has submitted to the National Assembly. The project, one of the most ambitious transport projects in this…
Siemens has expressed interest in Vietnam’s North-South highspeed railway and offered to provide vehicles for the project. Siemens president and CEO Roland Busch told Prime Minister Pham Minh Chinh at a meeting in Hanoi Monday that the company can transfer…
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…
Tesla is not the only company that’s run by Elon Musk. In fact, Musk used some of the money he made with SpaceX to invest in Tesla to eventually gain control of the electric car maker. And SpaceX has also been categorized by Musk as some of the most important…
Train ticket demand for the upcoming Lunar New Year Holiday is plunging due to fear of Covid-19 contagion as thousands of new cases nationwide are confirmed each day. Saigon Railway Station in HCMC opened its ticket sales for Tet 2022, the biggest annual…
French company Alstom has signed a $340 million contract to provide 10 modern train sets and build 12 stations. Hanoi Metropolitan Railway Management Board has signed a $340 million contract with French company Alstom for a metro system. Under the contract,…
