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...
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...
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 | 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....
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...