The Vietnam Air Services Company (VASCO), a member of the Vietnam Airlines Corporation, resumed its route between HCM City and Rach Gia on Monday to serve rising travel demand for Tet (Lunar New Year) holiday. … [Read more...] about Vasco resumes flights connecting HCM City and Rach Gia
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VIMC sets ambitious targets for 2020-2022
VIMC, which previously operated under the umbrella of Vinalines, held its IPO in 2018, however, it failed to find strategic investors. VIMC is now investing in 19 units and 16 associated companies and holds stakes in 16 seaports, operating over 13,000 metres of piers, accounting for about 30 per cent of the country’s total. They include major seaports such as Haiphong, Saigon, Danang, and Quy Nhon. … [Read more...] about VIMC sets ambitious targets for 2020-2022
Replacing expired locomotives, carriages to place enormous financial burden on railway sector
Meanwhile, given the current difficulties caused by the pandemic, VNR’s equity worth VND3.2 trillion at its subsidiaries, especially at the Hanoi Railway Transport JSC (Haraco) and the Saigon Railway Transport JSC (SRT), could completely disappear and the efforts of Haraco and SRT to run their businesses over the past years could be erased in the next three years. Moreover, the sector is financially incapable of buying new equipment, Minh said. … [Read more...] about Replacing expired locomotives, carriages to place enormous financial burden on railway sector