31 bus route

Under the ministry’s instruction, the people’s committees of Hanoi and HCM City need to ask Vingroup to set out pilot runs, including technical safety and environmental standards. Earlier, Vingroup proposed a plan to open 10 electric bus routes with a total of 150-200 buses in Hanoi and five routes of the same kind in HCM City. In May, VinGroup set up the VinBus subsidiary specialising in transport services. VinBus is scheduled to provide its public transport services in five major cities of Vietnam, including Hanoi, Haiphong, Danang, Ho Chi Minh City and Can Tho. … [Read more...] about Transport ministry agrees electric bus operation in Hanoi, HCM City

VinFast estimated it sold a total of 29,485 vehicles in 2020, including 18,016 Fadil cars, 6,013 Lux A2.0 cars and 5,456 Lux SA2.0 models. From 2022, VinFast plans to introduce two more gasoline-powered cars and three electric models, expected to account for 30 per cent of the car market share in Viet Nam. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 26

Ninh Binh (VNA) - Ninh Binh, a tourist destination in Vietnam’s northern region and host of the National Tourism Year 2021, has released its plans for the annual programme, which feature myriad tourism, cultural, and sporting events. The opening ceremony, with the theme “Hoa Lu - Millennium-old Ancient Capital”, is set for April 20 at the local cultural and historical site of Hoa Lu ancient citadel. Key events to take place throughout the year include festivals at Bai Dinh Pagoda, Hoa Lu ancient citadel, and the Trang An Landscape Complex, a Tam Coc - Trang An tourism week, and a photo and art exhibition on Ninh Binh. The province will also host the Southeast Asian karate championships and be the venue for the sport at the 31st Southeast Asian Games (SEA Games 31) later in the year. In response to the National Tourism Year, 27 cities and provinces nationwide, including Hanoi, Hai Phong, Da Nang, Ho Chi Minh City, and Lam Dong, will also organise a range of … [Read more...] about Ninh Binh announces plans for National Tourism Year 2021

Due to the COVID-19 pandemic, the growth of volume in 2020 was 4 per cent, slower than the annual average. Of which, the volume of container cargo through the local seaports in 2020 was estimated at 22.1 million TEU, up 13 per cent compared to 2019. — VNS … [Read more...] about Shipping industry needs State support to develop: ministry

Therefore, the ministry has proposed the Prime Minister consider and adjust financial mechanisms to support the development of the fleet, including loans with preferential interest rates. Investment in a fleet of ships requires huge and long-term capital, while local enterprises are unlikely to be able to invest in high-quality fleets, according to Deputy Minister of Transport Nguyễn Nhật. The shipping companies have received very little financial support from the Government in the past few years to carry out fleet development. Interest rates on bank loans in Việt Nam are from 8-10 per cent per year, higher than interest rates in other countries such as Japan (1-2 per cent), Singapore (3 per cent) and China (4.5 per cent). At the same time, when registering a ship to fly the Vietnamese flag, the enterprise must carry out procedures on importing ships and have to pay taxes and fees such as registration fee, value-added tax and import tax on ships. Some ship owners … [Read more...] about Shipping industry needs State support to develop: ministry