ASIAN GIANTS RETAIN GRIP OF VIETNAMESE LOGISTICS SECTOR
There will be little change in current trends of mergers and acquisitions in Vietnam’s logistics industry this year as domestic players remain sellers and Asian investors continue to gain the upper hand.
NEW CONTAINER TERMINALS TO BE BUILT IN HAI PHONG
A project building container terminals No 3 and 4 at the Hai Phong International Gateway Port in the Lach Huyen Port area was launched in the northern port city on May 12.
LAUNCH OF DIRECT VIETNAM-US FLIGHT ROUTES A CHALLENGING JOURNEY
The flights would be operated using the long-haul Boeing 787-9 Dreamliner aircraft. The carrier said it was rushing to complete the final steps in the process of building its personnel apparatus, including pilot and flight crew training, to get ready for operating direct flights to the U.S.
FOREIGN INVESTORS INCREASE ACQUISITIONS OF RENEWABLE ENERGY PROJECTS IN VIETNAM
Foreign investors from China, Thailand, and Singapore are increasingly acquiring renewable energy projects located at strategic positions from domestic enterprises.
HCM CITY FOCUSES ON DEVELOPING INFRASTRUCTURE FOR E-COMMERCE
HCM City is focusing on developing its infrastructure for e-commerce amid the rising trend in online shopping, according to the city’s Department of Industry and Trade.
KEY PROJECTS TO CLEAR CONGESTION ON ROADS LEADING TO PORTS IN HCM CITY
The HCM City Department of Transport has asked the city government to give priority in the next five years to six key transport projects worth VNĐ27.488 trillion (US$1.19 billion) in order to clear congestion on roads leading to ports, especially Cát Lái Port in District 2.
VIET NAM HAS EIGHT NEW SEAPORT TERMINALS
Four of the newly added terminals are located in Ba Ria-Vung Tau Province while while Hai Phong, Khanh Hoa, Dong Nai, and HCM City have one new terminal each.
VIETNAM POST LAUNCHES NEW CUTTING-EDGE LOGISTICS CENTRE IN DANANG
State-run Vietnam Post Corporation (VNPost) has launched a fresh logistics centre in Danang, employing the most cutting-edge package sorting system in Southeast Asia.