Japan supports Indonesia to build high-speed rail line in capital

Japan supports Indonesia to build high-speed rail line in capital

The Japanese government announced on Monday that it will provide a loan of approximately JPY140.7 billion ($900 million) to construct a high-speed rail line in Jakarta, Indonesia.

Southeast Asia - Tue, May 14, 2024 | 8:44 am

High-speed ferry operator Superdong Kien Giang posts 40% fall in Q1 profit

High-speed ferry operator Superdong Kien Giang posts 40% fall in Q1 profit

Superdong Fast Ferry Kien Giang JSC reported an after-tax profit of VND20 billion ($785,700) on net revenue of nearly VND108 billion ($4.24 million) in Q1/2024, down 40% and 8% year-on-year, respectively, according to its financial statements.

Companies - Tue, April 23, 2024 | 1:52 pm

Steel major Hoa Phat to focus on core business, research high-speed train rails

Steel major Hoa Phat to focus on core business, research high-speed train rails

Vietnamese steel giant Hoa Phat Group will focus its resources on its core business in the short term to compete with imports amid intensified industry competition, said its chairman.

Companies - Thu, April 11, 2024 | 6:52 pm

High-speed train may add 1 ppt to Vietnam’s annual GDP growth: ministry

High-speed train may add 1 ppt to Vietnam’s annual GDP growth: ministry

A future trans-Vietnam high-speed railway is expected to contribute one percentage point to the country’s annual economic growth in the 2025-2037 period, a report has shown.

Economy - Wed, March 27, 2024 | 12:21 pm

S Korea can share high-speed railway technology with Vietnam: official

S Korea can share high-speed railway technology with Vietnam: official

South Korea is willing to facilitate the trans-Vietnam high-speed railway project by sharing relevant expertise and experience, said Korea National Railway chairman Lee Seong-hae.

Infrastructure - Wed, March 20, 2024 | 3:06 pm

Japan willing to fund trans-Vietnam high-speed railway: minister

Japan willing to fund trans-Vietnam high-speed railway: minister

Finance Minister Shunichi Suzuki has expressed the Japanese government’s willingness to finance a trans-Vietnam high speed railway project and other infrastructure works.

Investing - Tue, March 12, 2024 | 5:22 pm

Vietnam aims to mobilize foreign capital for 30% of $67 bln high-speed railway

Vietnam aims to mobilize foreign capital for 30% of $67 bln high-speed railway

Vietnam plans to mobilize foreign capital to pay for 30% of the planned North-South high-speed railway project, Minister of Finance Ho Duc Phoc said Monday.

Infrastructure - Mon, March 11, 2024 | 7:51 pm

Vietnam Politburo sets priority for expressways, high-speed railway

Vietnam Politburo sets priority for expressways, high-speed railway

The Politburo, Vietnam’s supreme decision-making body, has asked relevant authorities to prioritize allocating resources for critical transport infrastructure projects, including expressways and a trans-Vietnam high-speed railway.

Infrastructure - Tue, February 27, 2024 | 10:30 am

Vietnam Politburo to receive high-speed train proposal next month

Vietnam Politburo to receive high-speed train proposal next month

The Transport Ministry has been asked to complete a detailed plan for a Trans-Vietnam high-speed railway project for submission next month to the Party Politburo, the country's highest decision-making body.

Economy - Tue, February 20, 2024 | 11:55 pm

HCMC to launch high-speed boat service to Con Dao Island

HCMC to launch high-speed boat service to Con Dao Island

The Ho Chi Minh City Department of Transport plans to launch a high-speed boat service to Con Dao Island off Ba Ria-Vung Tau province from February 23 to meet tourism demand.

Travel - Wed, January 17, 2024 | 4:44 pm

Vietnam targets having hi-tech products make up 50% of 2024 exports: PM

Vietnam targets having hi-tech products make up 50% of 2024 exports: PM

Vietnam will strive to recover and boost processing, manufacturing and semiconductor industries towards having hi-tech products make up 50% of export turnover this year, Prime Minister Pham Minh Chinh has said.

A year in review and 2024 forecasts - Fri, January 5, 2024 | 5:45 pm

Vietnam needs Japan ODA for high-speed railway, semiconductor development: PM

Vietnam needs Japan ODA for high-speed railway, semiconductor development: PM

Vietnamese Prime Minister Pham Minh Chinh has asked the Japan International Cooperation Agency (JICA) to provide more preferential official development assistance (ODA) loans for Vietnam, with priority given to high-speed railways and the semiconductor sector.

Economy - Tue, December 19, 2023 | 11:13 am

Vietnam gov’t mulls special package for high-speed railway

Vietnam gov’t mulls special package for high-speed railway

The Vietnamese government is considering a package of special mechanisms for the construction of a colossal high-speed railway that will run the length of the country.

Infrastructure - Tue, December 5, 2023 | 10:10 am

High-speed rail connection to elevate Vietnam's economy

High-speed rail connection to elevate Vietnam's economy

Vietnam is standing on the brink of a transformative breakthrough - the inception of a high-speed train network that bridges the economic divide between the northern and southern regions, writes Dr. Majo George, senior lecturer of logistics and supply chain management at the Business School of RMIT University Vietnam.

Economy - Fri, December 1, 2023 | 1:06 pm