Tag: Transportation

Deputy Prime Minister Tran Hong Ha's directive signals a rigorous review process for BOT projects, urging comprehensive evaluations to address persisting challenges in transport infrastructure investments.

Ministries and localities grapple with slow spending as the Prime Minister urges swift action to avoid jeopardizing key infrastructure developments.

1.85 billion passengers and 930 million tons of cargo transported in the opening five months of the year.

Transport activities in December continued to post positive growth in both passenger and freight transport.

Four highway projects and the T3 passenger terminal project at Tan Son Nhat International Airport in Ho Chi Minh City and associated traffic routes were approved by the Prime Minister for addition to the list of key national projects and key transport projects. He also asked that expressway projects begin before June 30, 2023.

Food prices increased 2.3 per cent year-on-year in August; the highest rise since November 2020 and the fourth consecutive month of higher prices. Transport services increased 8.94 per cent year-on-year in the month; the lowest level since April. The Bao Viet Securities Company (BVSC) has forecast that annual inflation will come in at around 3.1-3.5 per cent.

The price of essential goods and transportation remain expensive, despite the price of gasoline being cut on four different occasions. The Ministry of Finance (MoF) has said that the large number of interwoven factors and certain items long having higher input material costs means it is not possible to cut prices immediately and some delay will be experienced.

Not only businesses but also ministries and agencies are quickly joining the digital transformation wave in transportation and logistics. The Ministry of Transport will soon create a national database on transport infrastructure, vehicles, vehicle drivers, and enterprises in the field of transportation.

The Ministry of Transport (MoT) is planning to restore transport on road, railway, waterway, maritime, and airway routes once localities loosen pandemic control regulations.

According to Ms. Pham Khanh Linh, CEO of logistics provider Logivan, the pandemic has caused myriad economic problems and transport has become more difficult than ever. Delivery services will, however, still grow despite the challenges.