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#Transport

Every story tagged #Transport on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

32 stories in this topic

high speed train
Living
3 min read

Vietnam high-speed railroad to cost $500M annually to operate

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…

KT 5G bus
Living
1 min read

Passenger, goods transport volume sees strong surge in H1

The transport sector carried over 2.17 billion passengers in the first half of 2023, up 15.9% year-on-year, heard a conference hosted by the Ministry of Transport in Hanoi. In the review period, about 1.10 billion tonnes of goods were transported, up 15.9%…

Metro hanoi
Living
1 min read

Hanoi’s first metro line gets $38M capital hike

The Cat Linh – Ha Dong Metro Line in Hanoi has received an additional VND911 billion ($38.6 million) capital increase. The money will come from state coffers, with 24.4% of it from domestic funds and the rest foreign funds, according to a decision signed by…

arl shipping
Logistics
3 min read

Fuel price hikes a great burden on transport businesses

It is among many businesses that are suffering due to the surge in fuel prices, which threatens to cause inflation and eventually slow down the recovery of the economy hit by two years of Covid-19. RON95 gasoline saw its price increased by another 2.5 percent…

vip3
General
1 min read

Helicopter operator profits up 11 percent

Vietnam Helicopter Corporation’s profits rose by 11 percent to VND263 billion (US$11.3 million) last year despite the severe impact Covid-19 had on the aviation industry. It saw a 6.7 percent drop in revenues to VND2.08 trillion. The company transports cargo…

vietnam airlines 2
General
1 min read

Transport ministry wants several airports to be privatized

The Ministry of Transport wants private investors to build and operate proposed airports such as Sa Pa in the north and Quang Tri in the central region. It wants two others built under public-private partnerships in Lai Chau and Cao Bang in the north. It also…

vietnam seafood
Food
1 min read

Imported seafood prices skyrocket amid transport restrictions

The prices of imported king crabs and abalones have risen by 30-50 percent in HCMC due to limited supply caused by mobility restrictions. King crabs are sold at VND2.5-2.9 million ($109-126) per kilogram, 50 percent higher year-on-year. Australian and South…