Sumitomo, Vingroup ink green transport development pact

Sumitomo, Vingroup ink green transport development pact

Japanese keiretsu Sumitomo and taxi operator GSM JSC uder Vietnamese conglomerate Vingroup inked a green transportation development agreement on Tuesday to foster carbon neutrality in Vietnam.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Danang welcomes first container ship connecting central Vietnam to US Oakland

Danang welcomes first container ship connecting central Vietnam to US Oakland

Tien Sa seaport in Danang city welcomed WanHai 362 shipping route on Tuesday, the first container shipping route connecting central Vietnam to Long Beach, Oakland, the U.S., without transit via any mothership.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Upgrade of major southern Vietnam marine passage to start in February

Upgrade of major southern Vietnam marine passage to start in February

The Ministry of Transport has approved a project worth over VND1.4 trillion ($59.4 million) to upgrade the channel to major port cluster Cai Mep-Thi Vai in southern Vietnam.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Oil & gas transporters’ profits to speed up, container shippers’ to dip

Oil & gas transporters’ profits to speed up, container shippers’ to dip

Oil and gas transportation companies are expected to enjoy significant second-half profit growth extending to next year, while container shipping firms see slower growth.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam plans end to fossil-fuel car manufacturing from 2040

Vietnam plans end to fossil-fuel car manufacturing from 2040

Vietnam will stop manufacturing, assembling and importing fossil-fuel cars and motorcycles for domestic use from 2040 onwards. All road vehicles will go green by 2050.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7