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#transportation

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

24 stories in this topic

gojek
Startups
1 min read

Gojek Vietnam GM reveals ambitions after launch of car service

Launched amid the Covid-19 pandemic, GoCar is one of two big products Gojek planned to introduce this year to complete its golden triangle in Vietnam, including transportation, food delivery and payment. Phung Tuan Duc, Gojek Vietnam GM shared stories behind…

vietnam airport
Real Estate
3 min read

Vietnam’s largest airport set for $496 million expansion

The Tan Son Nhat Airport could get a third terminal and other facilities at the cost of over $496 million. The Airports Corporation of Vietnam (ACV), which manages and operates civil airports in the country, has submitted to the Ministry of Transport a…

Fastgo App
Living
1 min read

Vietnamese platform FastGo expands to Myanmar

FastGo, Vietnam’s first ride-hailing service, has kicked off operations in Myanmar as part of its Southeast Asia expansion plans. Its joint venture with Myanmarese conglomerate Asia Sun Group began offering services on December 28. CEO Nguyen Huu Tuat said at…

high speed train
Living
2 min read

Bullet train to connect Hanoi with HCMC in five hours

Vietnam’s bullet train will cut travel time between Hanoi and Saigon to five hours from the current 24. The railway project management board has submitted a pre-feasibility study to the Ministry of Transport, which quotes transport consultants’ estimate that…

malaysia airport
Living
1 min read

Korean passengers break record in November

Korea’s air passenger traffic reached a new record for November on the back of the rise in the number of Chinese tourists and increased overseas travel demand, government data showed Tuesday. The number of air passengers came to 9.57 million last month, up…

grab
Living
2 min read

Grab eyes stake in Vinasun, taxi company refuses to play ball

Grab’s surprise offer to buy a $2.78-million stake in top taxi company Vinasun has failed, with the latter asking to end negotiations. The negotiations between the two firms began earlier this month for compensation claimed by Vinasun from the Malaysian…

Airasia plane
Living
1 min read

AirAsia Malaysia sells Merah Aviation Asset for RM3.22b

AirAsia Group Bhd is disposing of its entire stake in Merah Aviation Asset Holding Ltd to AS Air Lease Holdings 5T DAC for US$768 million (RM3.22 billion). AS Air Lease is indirectly owned by Castlelake LP, a US-based global private investment firm and leader…

Enjoy flying with Vietjet
Living
2 min read

Vietjet boosts the business by opening new route

Vietjet continues to solidify its presence in Vietnam this holiday season with the announcement of its newest route connecting Ho Chi Minh City with Van Don (Quang Ninh Province). Bridging the gap between Vietnam’s largest city and the attractive island…

kakao taxi
Living
2 min read

Kakao postpones carpooling service

Kakao Mobility announced las week that it would postpone the official launch of its carpooling service after a week of fierce protests from the local taxi industry. The Kakao affiliate started offering a beta version of the service last Friday that was made…

hyundai2
Automotive
2 min read

Hyundai Motor bets 6.7 billion dollars on hydrogen cells

Hyundai Motor Group said it will invest 7.6 trillion won ($6.7 billion) in fuel-cell electric vehicles (FCEV) by 2030, betting big on hydrogen as the energy source for the future. The group announced what it called its “FCEV Vision 2030” on Tuesday, promising…