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Da Nang chosen for low-carbon city project

The project is aimed at reducing CO2 emissions from public transportation and households business by using environmental technologies. It also aims to promote the use of solar, wind and other renewable energies more effectively by introducing smart-grid technology.

Vietnam freight transport q1 2011 – road building and road usage are both expanding strongly

Business Monitor International’s Vietnam Freight Transport Report provides industry professionals and strategists, corporate analysts, freight transportation associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Vietnam’s freight transportation industry.

Hanoi to spend $13bln on transportation

Hanoi will complete the construction of the two belt roads no. 2 and 3, build a fourth one, upgrade its railway system, and expand existing highways including particular sections of National Highway 1A and 6.

Fund shortage hinders new coach stations

Under the VND3.6 trillion (US$1.8 million) scheme by the city People’s Committee, Suoi Tien and Tan Quy Tay coach stations would have been commissioned by 2015 to replace the two existing Mien Dong and Mien Tay stations. Construction of the two new coach stations, to be invested by the Sai Gon Transportation Mechanical Corporation (SAMCO), is also aimed to create a link with the bus system, and the metro and tram routes.

Jan 5: Vietnam gold plunges to VND35.7Mln/tael on global commodity rout

In Asian trade this morning, spot gold was last bid around $1,380 an ounce in post-settlement trade, sharply off Monday’s intra-day peak of $1,423.57 an ounce. U.S. gold futures for February gold futures settled down $44.10 at $1,378.80 an ounce. Global purchasing managers’ indexes on Monday showed manufacturing growth quickened. A government report on Tuesday showed new orders received by U.S. factories unexpectedly rose in November, and orders excluding transportation recorded their largest gain in eight months.

Bus firms complain over parking space regulation

At the workshop held to review road transportation developments this year, Bui Van Quan, chairman of the city's Transport Association, said that it was very difficult for transport companies to have their own parking lot even though they desired it. Current land prices are too high not for individual firms, but also for co-operatives.

Vietnam-key market for Singapore

By September, 2010, Singapore was the 5th largest country from a total of 80 countries and territories that invest in Vietnam, with 851 projects in fields such as education and training, finance, information and communications, trade and service, transportation, infrastructure and tourism, with a total of registered capital of US$17.9 billion.

Gov’t requests periodical reports from SOEs

Enterprises having projects in such areas as mineral exploitation, processing industries, electricity, water supply, waste treatment, information and communications, real estate, transportation, trade and services, will have to present monthly reports on net revenue, quantity and output of their products. Enterprises operating in agro-forestry-fishery, construction, and foreign-related services will have to make quarterly reports.

Hanoi invests 1.131 trillion dong for three traffic projects

The Transportation Department has assigned investors for two projects of Yen Vy bridge with investment capital of 29 billion dong in Q1 of 2011 and upgrading principal road No 423 of over 943 billion dong. The preparation progress was expected to be finished within the first two quarters of 2011.


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