HCM City seeks cheaper logistics Business

HCM City seeks cheaper logistics

Logistics fees in Vietnam account for nearly 21 percent of the country’s Gross Domestic Product (GDP), with transport making up 60 percent of the figure, twice as much as some developed economies.
Inshore shipping routes prove competitive edge Business

Inshore shipping routes prove competitive edge

Shipping routes along the coast of Vietnam have played an increasingly large role in transporting goods from the north to the south of the country in recent years, helping ease the burden on road transport.
Waterway transport needs investment Business

Waterway transport needs investment

A lack of investment in inland waterways has stunted the development of water-borne shipping and made Vietnam’s logistics sector heavily dependent on more expensive road transport.
Singapore’s inflation likely to rise slightly in 2018 World

Singapore’s inflation likely to rise slightly in 2018

Singapore’s inflation is forecast to rise slightly this year due to the impacts of global petrol and food prices, according to the Monetary Authority of Singapore (MAS) and the Ministry for Trade and Industry (MTI).
Vietnam, China pilot passenger transport route Society

Vietnam, China pilot passenger transport route

A pilot passenger road transport route through Vietnam’s Hai Phong city and Hanoi and China’s Kunming city has been opened, expected to help promote trading activities between the two countries.
Rising food, service prices push Singapore’s inflation up in June World

Rising food, service prices push Singapore’s inflation up in June

Increase in the prices of food and services pushed Singapore’s Consumer Price Index (CPI) in June up by 0.6 percent year-on-year, according to a joint report by the Singaporean Ministry of Trade and Industry and the Monetary Authority of Singapore (MAS) released on July 23.