expressway giant vec owes over 38 billion

Expressway giant VEC owes over $3.8 billion

Vietnam Expressway Corporation (VEC) took up significant loans in USD and Japanese yen for terms of 16-40 years to develop expressway projects.
build operate transfer ventures look for boost

Build-operate-transfer ventures look for boost

While awaiting creation of a comprehensive legal framework, build-operate-transfer transport initiatives across the country continue to seek new funding from cautious lenders. Bich Thuy reports.  
promoting cross border bot partners

Promoting cross-border BOT partners

While build-operate-transfer transport projects are proving a moderate success, considerable controversies continue to revolve around them. Ngo Thanh Hai and Le Nguyen Quoc Sy, lawyers at LNT & Partners, give a deep analysis on how attractive the investment model to foreign investors is, and how Vietnam can learn experience from neighbouring countries in order to develop future successful projects.
fedex refuses to take huawei products

FedEx refuses to take Huawei products

Trade tensions between the two leading global economies, the US and China, grew tauter after US logistics firm FedEx have denied transporting a Huawei smartphone.
bamboo airways seeks to increase fleet to fly farther

Bamboo Airways seeks to increase fleet to fly farther

The Ministry of Transport (MoT) has agreed in principle to allow newcomer Bamboo Airways to increase its fleet to 30 aircraft by 2030 to meet growing travel demand.
transport development in mekong delta should be accelerated official

Transport development in Mekong Delta should be accelerated: official

The development of transport infrastructure connecting the Mekong Delta and the southern economic hub of Ho Chi Minh City should be accelerated in the coming time by increasing investment capital from both local budget and society, Secretary of the municipal Party Committee Nguyen Thien Nhan has said.
vietnam airlines gets 4 star airline rating for fourth consecutive year

Vietnam Airlines gets 4-star airline rating for fourth consecutive year

The national flag carrier Vietnam Airlines has been certified with a 4-star airline rating by prestigious international air transport rating organisation Skytrax for the fourth consecutive year.
deputy pm requests post road traffic accident settlement in hoa binh

Deputy PM requests post-road traffic accident settlement in Hoa Binh

Permanent Deputy Prime Minister Truong Hoa Binh has signed a dispatch to ministries of public security, transport, the National Traffic Safety Committee, and the people’s committees of Hoa Binh and Dien Bien provinces directing the settlement of an extremely serious road accident in the northern province of Hoa Binh.
12 killed in indonesia bus crash after passenger argument

12 killed in Indonesia bus crash after passenger argument

Twelve people were killed and dozens more injured in a traffic accident in Indonesia on Monday (Jun 17) after a bus passenger tried to wrest control of the steering wheel following an argument with the driver, police said.
lao cai police arrests heroin traffickers

Lao Cai police arrests heroin traffickers

Police of the northern province of Lao Cai have arrested three men who illegally transported 16 bricks of heroin in Muong Khuong district.
brazil strike disrupts transport ahead of copa america

Brazil strike disrupts transport ahead of Copa America

A nationwide strike called by Brazil's trade unions disrupted public transport and triggered road blocks in parts of the country Friday, ahead of protests against far-right President Jair Bolsonaro's pension reform.
paris scooter rider killed after lorry crash

Paris scooter rider killed after lorry crash

A man in his twenties has died in Paris after his electric scooter collided with a lorry, sources said on Tuesday (Jun 11), amid growing concern over the safety of the increasingly popular contraptions in the French capital.
son la three arrested for drug smuggling

Son La: three arrested for drug smuggling

Police in the northern mountainous province of Son La on June 4 arrested a man when he was illegally transporting 20 bricks of heroin (about seven kilograms) in Co Phay hamlet, Tan Lap commune, Moc Chau district. 
influencing regional rail through new technology

Influencing regional rail through new technology

Southeast Asian countries are seeking international co-operation in the field of rail financing and technology in order to boost transportation infrastructure development. Thomas Giglione, commercial mediator for ANT Lawyers, writes about the main technologies that can influence the rail transportation system in the region.  
new delhi to offer free public transport for 850000 women

New Delhi to offer free public transport for 850,000 women

Almost a million women will enjoy free public transport as part of an attempt to make the Indian capital safer, New Delhi's government said Monday (Jun 3).