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Selex Motors, a Vietnamese start-up developing a smart electric scooter ecosystem in Vietnam, has helped define ‘Made-in-Vietnam’ electric vehicles (EVs), specifically electric scooters, as its products are completely manufactured in the Southeast Asian nation. Selex Motors co-founders are Nguyen Huu Phuoc Nguyen, Nguyen Trong Hai, and Nguyen Dinh Quang. Both Nguyen and Hai earned a PhD in mechanical engineering from the University of Michigan and worked for many companies in both the U.S. and Vietnam. Meanwhile, Quang is an expert in software engineering and the Internet of Things (IoT), and has developed complicated national defense systems for enterprises in Israel. Since late last year, Selex Motors’ first smart electric scooters have run on the streets in Hanoi. The company has been expanding its ecosystem to many large cities, heading toward exporting the ecosystem to other Southeast Asian countries. An event to experience Selex Motors’ electric scooters. … [Read more...] about Start-up realizes dream of ‘made-in-Vietnam’ electric scooters

Illustrative photo (Source: VNA) Hanoi (VNA) – Hanoi’s total retail sales of goods and services in the first two months of this year were estimated at 122.5 trillion VND (5.16 billion USD), up 12.3% year-on-year, according to the municipal Statistics Office. Of the total, the retail revenue of goods was estimated at 80.9 trillion VND, an increase of 10.8% year-on-year, of which earnings from gasoline increased 12.1%, other fuels 37.9%, and precious stones and metals 37.5%. Exports in the two months brought 2.3 billion USD to the capital city, an annual decrease of 4.8%. Meanwhile, Hanoi’s import value hit about 5.8 billion USD, up 0.1% annually. In February alone, total retail revenue of consumer goods and services stood at 59.5 trillion VND, down 5.5% from the previous month and up 16.8% over the same period last year. The city exported products worth nearly 1.25 million USD in the month, recording respective month-on-month and year-on-year increases of 18.3% … [Read more...] about Hanoi’s retail, service revenue up 12.3% in two months

Vu Chi Mai, an expert from the German Agency for International Cooperation (GIZ), said that with its incentive mechanisms, Vietnam has rapidly developed solar and wind power sources, bringing the proportion of renewable energy to nearly one-third of the installed capacity of the national power system. However, bringing those energies to the national grid faces limitations because the transmission system is often at full capacity. In addition, to promote the available capacity of these clean power sources, Vietnam must invest in more stable and flexible power sources such as pumped hydropower storage or storage systems for solar power plants. Another big challenge is that during the energy transition, the replacement of traditional fuels from gasoline, coal, and gas to electricity is huge. On the positive side, it will help reduce emissions to the environment, but this puts great pressure on the electricity industry, both in operation management and in the concerted development of … [Read more...] about Vietnam’s energy transition facing challenges

Effective planning and construction management are vital to minimizing the impact of natural disasters and reducing disaster risks. Hanoi should prioritize the climate resilience factor in its construction planning for 2021-2030, with a vision to 2050, according to Dao Ngoc Nghiem, vice chairman of the Vietnam Association for Urban Planning and Development. Climate change becomes an urgent matter A corner of Hanoi. Photo: Thanh Hai/The Hanoi Times Hanoi's residents have become familiar with climate change in recent years, as unusual weather patterns have greatly affected the city's environment and daily life. Even a little rain can cause flooding on many streets, while prolonged heat waves can seriously harm the elderly and children in hospitals. According to the National Center for Hydro-meteorological Forecasting, a transition from La Nina (the cool phase) to El Nino (the warm phase) is expected in 2023. It means that the heat will become … [Read more...] about Hanoi should prioritize climate resilience in urban development: Experts

Bandit9 Motors, a manufacturer of futuristic vehicles in District 7, Ho Chi Minh City, has launched its EVE Odyssey, a motorbike whose unibody looks like a speeding bullet. Science fiction was said to be a great source of inspiration for Bandit9 Motors to develop its EVE Odyssey, which was made of space-grade aluminum used by NASA spacecraft. Therefore, this is a very rare motorbike model, which is expected to be a limited version for bike connoisseurs who are looking for special customized vehicles made from extremely rare materials. Bandit9 described its newly-launched EVE Odyssey as a bike that 'brings order to complexity' by enclosing its entire lighting system, steering, gas tank, and seat into a sophisticated unibody.' Photo: Courtesy of Bandit9 Motors The rear of the bike is pointed, making EVE Odyssey look like a silver bullet. Photo: Courtesy of Bandit9 Motors Part of the alluminum alloy body is hollowed to create a saddle. … [Read more...] about NASA-inspired futuristic bike with bullet-shaped unibody launched in Ho Chi Minh City

Advances in technology may be the key to solving the problems faced by local taxi companies. Hanoi-based taxi companies are seeking permission from the Government and the Hanoi authorities to allow the import and use of electric cars. G7 taxis stop at a local park in Hanoi. Photo: Tuan Anh/The Hanoi Times The electric car helps reduce environmental pollution by consuming clean energy, which is now the global vibe, said chairman of the Hanoi Taxi Association Nguyen Cong Hung. The Covid-19 pandemic, the growth of ride-hailing technology applications, and rising fuel prices are some of the factors impacting traditional cab firms, Hung said at a meeting on March 21. "Several taxi companies are being dissolved and their assets sold because they are operating at a loss," Hung said. "Domestic cab companies need a new form of business operation to adapt to the global development of technology and transportation," he added. "Modern technologies, especially … [Read more...] about Hanoi’s taxi companies seek permission to operate electric cars