One step nearer to ASEAN Economic Community World

One step nearer to ASEAN Economic Community

The 47th ASEAN Economic Ministers’ Meeting, taking place in Kuala Lumpur, Malaysia from August 22-25, will complete final preparations for the formation of the ASEAN Economic Community (AEC).
Freight transport moves to e-commerce Business

Freight transport moves to e-commerce

A transport e-commerce market place that enables all major stakeholders in the freight transport business to easily link up is expected to be begin its initial operating period in 2016.

Logistics businesses seek to improve competitiveness

Domestic logistics businesses should seek to improve their capacity, infrastructure and new services to enhance their competitiveness under pressure from signed or to-be-signed free trade agreements (FTA), experts said.

Railway sector plans restructuring

Vietnam Railway Corporation (VNRC) Deputy Director Doan Duy Hoach recently spoke with the Lao dong (Labour) Newspaper about plans to restructure the railway sector.

Investors interested in railway projects

Numerous big investors have shown their interest in joining national railway projects, Vu Ta Tung, General Director of Vietnam Railways (VNR) was quoted as saying by Giao Thong (Transport) newspaper.

Singapore’s CPI falls 0.4 percent in January

Singapore’s consumer price index (CPI) in January fell 0.4 percent compared to the same period last year due to sharp decline in petroleum price and cheaper food and services, the Department of Statistic said on February 23.

Project to increase Vietnam-Laos goods transport

Deputy Prime Minister Nguyen Xuan Phuc has just approved the basic contents of a joint project on increasing goods transport between Vietnam and Laos , which were proposed by the Ministry of Transport.

Joint Declaration of 5th GMS Summit

Greater Mekong Subregion (GMS) leaders adopted a joint declaration of their fifth summit in Bangkok , Thailand on December 20, committing to the inclusive and sustainable development of the subregion, especially the effective management and use of Mekong River water resources.
Singapore’s economy grows 2.4 percent in third quarter World

Singapore’s economy grows 2.4 percent in third quarter

Singapore’s economy expanded by 2.4 percent in the third quarter of this year compared to a year ago, the Ministry of Trade and Industry (MTI) said in its report on advance third-quarter gross domestic product (GDP) data on October 14.

Vinamarine mulls over two new shipping routes

The Vietnam Maritime Administration (Vinamarine) is considering opening two more coastal shipping routes with the first linking the south-central province of Binh Thuan and Kien Giang in the Mekong Delta, and the other from Quang Binh to Da Nang city on the central coast, the Saigon Times Daily reported.

Singapore cuts inflation forecast for 2014

The Singapore government has cut its 2014 CPI-All Items inflation forecast to average 1.5-2.5 percent amid lower car prices and housing costs expected for the second half of the year.
Vietnam Railways proposes north-south track Society

Vietnam Railways proposes north-south track

The Vietnam Railways Corporation has proposed the Ministry of Transport build a separate track to the current railway from Hanoi to Ho Chi Minh City, to meet increasing demand for transport.

Proper policies needed to reduce transport costs

Transport costs of cargo and passengers by road always have a huge impact on the price of other commodities and services, in which freight charges account for a large amount of expenditure of the state budget.