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China-Vietnam Cross-Border Freight Transport Sees Eleven-Fold Increase

China-Vietnam Cross-Border Freight Transport Sees Eleven-Fold Increase

by Teuvo Tuomi | Jan 14, 2025 | China, Exports, Imports, News, Trade, Vietnam

The China Railway Group reports a sharp increase in freight transport on the China-Vietnam cross-border railway last year, marking an annual increase of 1,153%. Monthly freight volumes hit record highs in March, April, July, October, and November. Initially focusing...
Vietnam’s GDP to Surpass Singapore’s in Five Years: CEBR

Vietnam’s GDP to Surpass Singapore’s in Five Years: CEBR

by Teuvo Tuomi | Dec 30, 2024 | Economy, News, Singapore, Vietnam

According to the UK-based Centre for Economics and Business Research (CEBR), Vietnam’s GDP will surpass Singapore’s in five years, reaching $676 billion by 2029. By 2039, Vietnam’s GDP could rise to $1.41 trillion, ranking 25th worldwide and becoming Southeast Asia’s...
Ho Chi Minh’s Metro Finally Opens

Ho Chi Minh’s Metro Finally Opens

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...
Carbon-Neutral Electricity Could Offer Vietnam Huge Savings: Wärtsilä

Carbon-Neutral Electricity Could Offer Vietnam Huge Savings: Wärtsilä

by Teuvo Tuomi | Dec 17, 2024 | Vietnam, Climate, Environment, News, Reports, Technology

Transition to a carbon-neutral electricity system by 2050 could help Vietnam save about 26 billion euros per year, according to Finnish technology group Wärtsila, a global leader in innovative technologies and lifecycle solutions for the marine and energy markets....
Finland and Vietnam Share Information on Groundwater Management

Finland and Vietnam Share Information on Groundwater Management

by Teuvo Tuomi | Dec 13, 2024 | Environment, Finland, News, Sustainability, Vietnam

The Department of Water Resources Management and Environment and the Finnish Embassy in Vietnam organized a workshop on groundwater management in Hanoi on 11 December. At the event, Deputy Director Ngo Manh Ha pointed out that signs of groundwater aquifer degradation...
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