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Motorbike market gears up with new technologies

The motorbike market has expanded by 13 times in the last 20 years

Having expanded by 13 times in the last 20 years, the domestic motorbike market remains hot with new models equipped with the most advanced technologies launched every year. Honda Vietnam in early October marketed Honda PCX Hybrid, with advanced technology. The product is equipped with gasoline engine with a capacity …

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Little room for refinery projects

Investment in oil refineries are not as profitable as expected

The fact that Vietnam National Petroleum Group (Petrolimex) has recently sought the Government’s permission to cancel its US$5-billion Nam Van Phong Refinery and Petrochemical project in Khanh Hoa suggests the craze that started 10 years ago has come to an end. Nearly a month ago, during the meeting of the …

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Aber ride-hailing service hits the road in Hanoi

A driver registers to work with Aber.

Aber, the second Vietnamese ride-hailing service, launched its Hanoi operations Friday, four months after making its HCMC debut. The ride-hailing market has seen new entrants after Uber’s departure, including Vietnamese firm FastGo, GoViet – a subsidiary of Indonesia’s Go-Jek, and the latest Aber. Aber estimates it will attract 5,000 taxi …

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State auditor finds BT projects massively overvalued

A road in Hanoi was constructed under the BT model.

Some build-transfer (BT) projects are worth just 39 percent of their value on paper, Vietnam’s state auditor has found. The State Audit Office of Vietnam (SAV) has recently reported to the National Assembly, Vietnam’s parliament, that it has found numerous errors and inconsistencies in public-private BT contracts in Hanoi, which …

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Vietjet, Japan Airlines announce codeshare flights

A Vietjet plane

Vietjet and Japan Airlines (JAL) will begin their codeshare flights next week, with one international service and three domestic ones available for booking, the two airlines said Friday in a joint press release. The carriers signed an MOU for commercial cooperation last year and will start offering on Tuesday codeshare …

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