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Thailand works with Malaysia in railway projects connecting four ASEAN countries

August 18, 2022 by en.vietnamplus.vn

Bangkok (VNA) – The Transport Ministry of Thailand is cooperating with its Malaysia n partner to develop a high-speed railway system connecting four members of the Association of Southeast Asian Nations ( ASEAN ). According to local media, Chayatan Phromsorn, permanent secretary for transport, has had a meeting with his Malaysian counterpart Isham Ishak and companies from the neighbouring country to discuss ways of cooperating to build a railway system linking the two countries. Malaysia earlier requested a high-speed rail connection with Thailand as a transit point to link up with Laos and China. Both sides have exchanged information on the project and Malaysia agreed with the idea of Thailand forming a joint working panel to discuss such a railway system connecting China, Laos, Thailand, Malaysia, and Singapore. The panel has been instructed to have a plan in place by the time ASEAN next meets to discuss transportation issues. The Malaysian officials arrived after … [Read more...] about Thailand works with Malaysia in railway projects connecting four ASEAN countries

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More British investors look at Vietnam to cash in on free trade agreements

August 18, 2022 by en.vietnamplus.vn

Electric motorbikes manufactured by Vinfast. Many UK businesses are looking into electric mobility industry in Vietnamwhich is expected to grow by double digits in the next few years. (Photo: VNA) Hanoi (VNS/VNA) - Many British investors are seeking investment opportunities in Vietnam in the hope of cashing in on free trade agreements ( FTA s) that Vietnam has signed with the UK and other economies worldwide. The UK-Vietnam Free Trade Agreement (UKVFTA), which officially took effect in May 2021, was one of the first trade deals inked by the UK after it left the European Union by the end of 2020, which reflected the importance of Vietnam in the UK’s trade policy. Bilateral trade and investment between the two economies have grown significantly with a growth rate of 17% last year. Data of the Foreign Investment Agency under the Ministry of Planning and Investment showed as of October 20, 2021, the UK had 439 valid projects amounting to nearly 4 billion USD in registered … [Read more...] about More British investors look at Vietnam to cash in on free trade agreements

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Honda Vietnam surprised by introduction of ‘Honda’ electric motorcycles in Ho Chi Minh City

December 20, 2018 by tuoitrenews.vn

A launch ceremony for Honda-branded electric motorcycles took place in Ho Chi Minh City for two days this week without the knowledge of the Vietnamese unit of the Japanese automobile and motorcycle manufacturer, Honda Vietnam Company. The event, featuring the opportunity to test-drive what organizers claimed to be “genuine Honda electric motorcycles,” was held at the Culture Center on Cach Mang Thang Tam Street in District 3 on December 18 and 19. The introduction of these electric motorcycles caught the public’s attention and received shares on Facebook by people excited that the prominent Japanese automobile and motorcycle manufacturer, Honda Motor Company, was behind the show. The vehicles exhibited at the show were mainly small-size electric motorcycles advertised as having several modern features such as high-durability U-shaped motorcycle chassis, bodies made of new ABS plastic, and high water resistance. Their electric motorcycles only weighed about 82 kilograms and … [Read more...] about Honda Vietnam surprised by introduction of ‘Honda’ electric motorcycles in Ho Chi Minh City

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Vietnam deploys diverse solutions to revive tourism industry

August 18, 2022 by hanoitimes.vn

Hanoi will play a key role in connecting visitors to tourist destinations in Vietnam. The Vietnamese Ministry of Culture, Sports and Tourism needs to actively support major tourism businesses to build routes linking localities, and restart heritage digitalization with the participation of travel companies to create new tourism products. Deputy Prime Minister Vu Duc Dam speaks at the meeting. Photo: VGP This is one of the requirements made by Deputy Prime Minister Vu Duc Dam on August 17 at the meeting on removing difficulties and promoting tourism recovery so that the industry would become a key economic sector. The Deputy Prime Minister requested the Ministry of Industry and Commerce to urgently submit to the Prime Minister the adjustment of electricity prices so that accommodation establishments would be entitled to energy rates equal to those of manufacturing facilities. The Ministry of Culture, Sports and Tourism, associations, and tourism businesses … [Read more...] about Vietnam deploys diverse solutions to revive tourism industry

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Hanoi train station infrastructure to be relocated for metro project

August 18, 2022 by e.vnexpress.net

In accordance with the Law on Railway Transport, the Hanoi People’s Committee will be the main investor for the Yen Vien-Ngoc Hoi metro line. The Ministry of Transport will invest in the national railway while Hanoi will invest in the depot area for the project. The transport ministry has instructed the Railway Project Management Unit to hand over documents on the Yen Vien-Ngoc Hoi project to Hanoi authorities to speed up the process. As the stations will change from being national terminals to metro stations, the transport ministry will cooperate with relevant authorities to relocate the national railway infrastructure at the Hanoi and Giap Bat stations to make room for the Yen Vien-Ngoc Hoi project. The Yen Vien-Ngoc Hoi project, spanning 28.7 km, would have two new railway bridges over the Red River and the Duong River to replace the Long Bien Bridge and the Duong Bridge. The North-South Railway would begin from the Ngoc Hoi Station instead of the Hanoi Train Station. … [Read more...] about Hanoi train station infrastructure to be relocated for metro project

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Mexico becomes bright spot for Vietnam’s tra fish exports

August 19, 2022 by en.qdnd.vn

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first seven months of this year, tra fish exports to Mexico grew by 73%, reaching 73.5 million USD and accounting for 4.5% of Vietnam's total turnover. Over 90% of tra fish shipped to the market were frozen fillets. In July alone, the country spent more than 11 million USD on the Vietnamese product, doubling that of the same period last year. Le Hang, Deputy Director of the VASEP Training and Trade Promotion Center, said with the advantage of competitive prices, plus preferential tax benefits under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Vietnamese seafood remains a good choice for Mexican importers. In the first half of this year, 30 Vietnamese seafood enterprises exported tra fish to Mexico. Many processing enterprises in the Mekong Delta localities of Dong Thap, An Giang, Ben Tre, Can Tho and Vinh Long are also increasing their shipments to the … [Read more...] about Mexico becomes bright spot for Vietnam’s tra fish exports

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