siemens to invest over 11 billion in germany

Siemens to invest over $1.1 billion in Germany

On July 13, in the presence of German Chancellor Olaf Scholz, technology powerhouse Siemens announced the establishment of its new Technology Campus in Erlangen, Germany, with an investment of around $560 million for the expansion of its development and manufacturing capacities.
metro still on a roll

Metro still on a roll

Metro Cash & Carry has further expanded its  B2B cash & carry wholesale model into the central south coastal region of Vietnam.
metro project looks to get back on track

Metro project looks to get back on track

Ho Chi Minh City authorities are scaling up efforts to accelerate metro project pace.
ha nois metro gets more funds

Ha Noi's metro gets more funds

Prime Minister Nguyen Tan Dung has approved an additional grant of 69 million euros (US$75.1 million) for the Ha Noi Train Station-Nhon urban metro rail project.
metro to pay additional tax

Metro to pay additional tax

METRO Cash & Carry Vietnam (MCC) will have to pay VND507 billion (US$23.8 million) as additional tax to the State budget.
metro firms on expansion plan

Metro firms on expansion plan

Metro Cash & Carry last week celebrated the grand opening of its 12th cash and carry wholesale centre in Vietnam.
vietinbank to help finance hanoi metro

Vietinbank to help finance Hanoi metro

The State Bank of Vietnam (SBV) has assigned the Vietnam Bank for Industry and Trade (Vietinbank) to arrange funds for the Hanoi Railway Station – Nhon urban metro rail project (line 3).
11 imported pork for the new year

$1.1 imported pork for the New Year

The increase of cheap pork imports will contribute to dealing with the lack of pork during the Lunar New Year holiday.
more than three million passengers have travelled the hanoi metro

More than three million passengers have travelled the Hanoi Metro

Statistics from Hanoi Metro company show that, from its first day of commercial operation in November last year to May 26, more than 3.1 million passengers have used the Cat Linh-Ha Dong 2A line.
metro era finally begins for vietnam

Metro era finally begins for Vietnam

While the opening of Vietnam’s first metro line starts a new era for urban public transport, local authorities and developers will hope to learn lessons from the painful and costly delays.
hanoi metro due for operation by 2016

Hanoi metro due for operation by 2016

A pilot metro rail line in Hanoi is expected to start service by 2016, with the first survey drill for the project set to begin on the evening of July 7, at the Hanoi station.
hanoi metro trouble back on agenda

Hanoi metro trouble back on agenda

Once expected to be a driving force for Hanoi’s socio-economic development and a solution to traffic jams, the Cat Linh-Hadong metro line has ground to a screeching halt, and prospects remain dim, triggering public indignation over culpability allocation.
hcm city metro ready next year

HCM City metro ready next year

Construction of HCM City’s first metro line from Ben Thanh market in District 1 to Suoi Tien Tourist Park in district 9 is expected to be completed by the end of 2020, leaders of the city People’s Committee said after visiting the construction site on Thursday.
hcmc seeks funds for metro lines

HCMC seeks funds for metro lines

The authorities of HCM City have asked the Government to increase investment in the city’s first two metro lines because of a capital shortage.
pm urges speeding up metro project

PM urges speeding up Metro project

Vietnamese Prime Minister has assigned the Ministry of Planning and Investment (MPI) to coordinate with the Ministry of Finance and relevant agencies to direct the People’s Committee of Hanoi to increase funds for the metro line No 2 project, ensuring that they follow regulations.