by Teuvo Tuomi | Dec 23, 2024 | Ho Chi Minh, Infrastructure, News, Transportation, Vietnam
Ho Chi Minh City is finally opening the first metro for its 10 million residents. The 19.7 kilometre metro line was green-lighted in 2007 with an initial cost estimate of about 17.4 trillion dong (about 684 million USD), but it eventually swelled to 43.7 trillion dong...
by Teuvo Tuomi | Sep 25, 2024 | Business, Economy, Manufacturing, News, Thailand, Transportation
The manufacturing and sales of vehicles in Thailand fell by more than 20.56% in August compared to last year, the Federation of Thai Industries (FTI) reports. Surapong Phaisitpattanapong, advisor and spokesman of FTI’s automobile club, says 119,680 vehicles were...
by Teuvo Tuomi | Aug 6, 2024 | Hanoi, News, Transportation, Vietnam
The elevated section of the Nhon-Hanoi Urban Railway Project will open for commercial operations on Friday. The plan received agreement from the State Examination Council (SEC). The Hanoi Metropolitan Railway Management Board (MRB) says that it was an important event...
by Teuvo Tuomi | Aug 3, 2024 | China, Digitalization, Environment, Innovation, News, Technology, Transportation
Uber Technologies and BYD have announced a multi-year strategic partnership designed to bring 100,000 new BYD electric vehicles onto the Uber platform across key global markets. Beginning first in Europe and Latin America, the partnership is expected to offer drivers...
by Teuvo Tuomi | Jun 28, 2024 | Business, Manufacturing, News, Taxation, Transportation, Vietnam
Vietnam’s Ministry of Finance has asked relevant ministries, branches, and agencies for feedback on a proposal to cut half the registration fees for domestically manufactured and assembled cars. The proposed tax cut would be effective from August 2024 until the...
