Uber pays out US$10 million to get back on Philippine roads

VietNamNet Bridge – Ha Noi’s People’s Committee has asked the management boards of coach stations to ensure that tickets are not illegally overpriced during the National Independence holiday, from September 2 to 4. My Dinh coach station in Ha Noi. - VNA/VNS Photo Nguyen Anh Toan, director of Ha Noi Bus Station Company, said the company has proposed to the municipal transport department that 300 bus badges be added during the holiday. Dao Viet Long, head of transport management division of Ha Noi’s Department of Transport, said no coach operators have asked for a hike in ticket prices so far. Tran Dang Hai, chief inspector of the department, told the Giao Thong (Transport) newspaper that the department has mobilised inspection teams at My Dinh, Nuoc Ngam and Giap Bat coach stations for tighter checks before and after the holiday. The entire department force will be on duty at traffic congestion spots to manage traffic flow, he added. In HCM City, the municipal transport department has set up mobile teams to manage traffic flow at traffic hot spots around Tan Son Nhat Airport, Cat Lai Port and the An Phu crossroad leading to the HCM City-Long Thanh-Dau Giay expressway. Tran Quoc Khanh, chief inspector of HCM City’s Department of Transport, said the unit would step up supervision at pick-up and drop-off points in the inner city, especially along highway routes from coach stations to other provinces. Kieu Nam Thanh, general director of the eastern coach station in HCM City, said the…... [read more]

Viet Nam News HÀ NỘI - The National Traffic Safety Committee on Sunday evening sent a document asking the Ministry of Transport and local traffic safety committees to strengthen inspection on vehicles' safety and movement. The request was released after a coach overturned at 6pm on Saturday while travelling from Vinh City in the central province of Nghệ An to central Thanh Hóa Province. The coach was transporting 40 passengers, out of which 14 received minor injuries. Four victims are still undergoing treatment at Hospital 115. The Directorate for Roads of Việt Nam said the coach was a supplementary one for the upcoming Tết (Lunar New Year) festival at the end of this month, but it was not scheduled to operate. At the time of the accident, the coach did not have a black box, the piece of equipment that supervises its itinerary. On January 13, the coach was discovered to be speeding in the southern province of Bình Thuận. Leaders of the National Traffic Safety Committee said the accident proved there was an increasing risk of coach accidents during the Lunar New Year and the spring festival this year. To minimise risks, Trương Hòa Bình, standing deputy prime minister and chairman of the National Traffic Safety Committee, asked ministries, sectors, provinces and cities to strictly ensure traffic safety during both the festivals. The Ministry of Transport was asked to provide guidance to transport agencies to strengthen inspection of vehicles' technical safety conditions and, supervise coaches' operations via their black…... [read more]

Deputies heard a report presented by State President Nguyen Minh Triet proposing the ratification of the protocol and a report on the results of Vietnam’s negotiation process presented by Trade Minister Truong Dinh Tuyen. “The ratification is one of the country’s political important events in November affirming Vietnam’s position in the international arena,” said National Assembly chairman Nguyen Phu Trong. Most commitments comply with the law and the Renewal processIn his report, Mr Tuyen said WTO regulations do not go against the Vietnamese Constitution and the admission is in conformity with the country’s interests and external relations policy. However, he warned that opening up the market at certain stages requires Vietnam to be highly vigilant against opposition elements which are seeking to penetrate the country. He said opening up audio-visual services also requires Vietnam to tighten information security and maintain the traditional cultural identity. According to Mr Tuyen, most multilateral commitments will not have a big impact on the national economy as they conform to the country’s legal system and the Doi Moi (Renewal) process. However, commitments on transparency will be great challenges for State management agencies. “If these commitments are realised, they will bring about great benefits for people and business circles,” said Mr Tuyen. “People are entitled to give opinions on the compilation of legal documents and economic policies to make them practical.”Meanwhile, commitments on State-owned enterprises (SOEs) go in line with Vietnam’s SOE restructuring process, which will help increase the efficiency of SOEs and create an equal…... [read more]

According to WCA Chairman David Yokeum, the event is expected to break the record for the number of participating members in the past 12 years, with 1,600 professional logistics companies from more than 160 countries and territories around the world. The meeting, which is full of promise to open ample new and stable cooperation opportunities for enterprises, will create favourable conditions for transport agencies to improve their relations. Vietnam’s logistics market has made strong and positive advances. Vietnam ranks 53rd among 155 economies in the ranking table of the logistics sector, according to a World Bank report. The WCA, with more than 3,600 member offices in 173 countries, is an association of the largest transport service supply agencies.... [read more]

Le Canh Duong, deputy director of the city's investment promotion centre, made this revelation at the Mergers and Acquisitions (M&A) Investment Opportunities Conference here last week, saying the 25 FDI projects in tourist real estate made up 54% of total FDI capital in the city. Duong further revealed that the city attracted 305 FDI projects worth US$3.37 billion, of which 174, worth US$2.19 billion, were in the service sector. The city has so far developed 16 tourist property projects consisting of 749 villas, of which 609 are for sale and 140 for lease. "The city has called for investment in service and hi-tech industries as it envisions developing a hi-tech, environment and service city in 2020," Duong said. "Some projects calling for investment in the service sector include the Han Market, health screening centre and logistics centre, as well as the support industries, commercial centre and retirement village," he added. Jonathan Ooi, Pricewaterhouse Coopers Vietnam deputy director, said investors were becoming more open to making investments in Vietnam because of the political and economic stability achieved in the past few years. "The economy is recovering quickly, with a stable GDP growth rate and inflation under control. The Vietnamese Government has made efforts to improve the banking system and privatise State-owned enterprises, and these are expected to stimulate M&A activities," Ooi added. He also pointed out that domestic players needed to consider their M&A options such as logistics, retail and pharmacy, to meet the challenges in an increasingly open market. "As…... [read more]

VietNamNet Bridge - Vietnam still cannot take advantage of its 3,200 kilometers of coastline, 6,500 kilometers of rivers, 126 river ports, 2,300 passenger ports and 4,800 berths. UNESCO lists Vietnam among the 10 countries with the densest waterway transport network. Meanwhile, domestic waterway transport is believed to be one of the transport modes with outstanding advantages: it has a low investment rate, and can carry high-tonnage cargo, while it is safe and does not cause pollution. However, Vietnam has not paid appropriate attention to developing waterway transport for many years. Most of ODA capital has been reserved for road transport projects. Vo Dai Luoc, general director of Asia Pacific Economic Center, said that maritime and waterway transport had not developed well. There are many ports, but most of them are built for local benefits. “It is more difficult to embezzle when developing waterway projects. Therefore, no one is interested in the projects,” he said.The total length of waterways that can be exploited is 17,000 kilometers, of which 9,000 kilometers are capable of receiving vessels with tonnage of over 100 tons. The expert said it was a mistake to pour too much money into highways. The investment rate for highways is high in Vietnam, up to $12 million per kilometer, while it is $5 million only in the US. The gap of $7 million is blamed on unreasonable programming and corruption. In fact, waterway transport once developed rapidly in Vietnam in the 1980s, especially in the Red River and Mekong River…... [read more]

The Hanoitimes - The Hanoi police are applying numerous measures to ease traffic congestion in the City as Tet Holiday (Lunar New Year) is coming. The amount of traffic in Hanoi usually increases dramatically two months prior to Tet, the city’s police said. On some days the number of vehicles on the city’s roads increases by 200 percent, as people travel to the shops in preparation for Lunar New Year. Traffic congestion can happen anytime, anywhere on the city’s streets, even in early morning on the major routes of Pham Van Dong–Pham Hung, Phap Van–Giai Phong, Au Co–Yen Phu, according to the city’s Department of Transport. Even though the number of traffic hotspots had reduced from 44 last year to 35 this year, traffic congestion is likely to happen on several other new spots, the department said. Heavy traffic on Thai Ha Street at rush hour Traffic congestion had even begun to occur on previously clear streets, such as Xa Dan, Hoang Cau, Kim Ma, Tran Phu and the new Kim Lien stretch, even though the police had deployed the maximum number of traffic police officers to direct traffic. The same situation happened on the streets of Truong Chinh, Chua Boc, Nguyen Luong Bang, Thai Ha, Hoang Hoa Tham despite the addition of 15 allied troops, which consist of traffic police, mobile police and criminal police to ease traffic congestion. Overloaded traffic infrastructure and low awareness amongst drivers are the two main causes of traffic congestion, according to Ha Huy…... [read more]

Hanoi (VNA) - The Hanoi police are applying a range of measures to ease traffic congestion in the city as Tet (Lunar New Year) draws near. The amount of traffic in Hanoi usually increases dramatically two months prior to Tet, the city’s police said. On some days the number of vehicles on the city’s roads increases by 200 percent, as people travel to the shops in preparation for Lunar New Year. Traffic congestion can happen anytime, anywhere on the city’s streets, even in early morning on the major routes of Pham Van Dong–Pham Hung, Phap Van–Giai Phong, Au Co–Yen Phu, according to the city’s Department of Transport. Even though the number of traffic hotspots had reduced from 44 last year to 35 this year, traffic congestion is likely to happen on several other new spots, the department said. Traffic congestion had even begun to occur on previously clear streets, such as Xa Dan, Hoang Cau, Kim Ma, Tran Phu and the new Kim Lien stretch, even though the police had deployed the maximum number of traffic police officers to direct traffic. The same situation happened on the streets of Truong Chinh, Chua Boc, Nguyen Luong Bang, Thai Ha, Hoang Hoa Tham despite the addition of 15 allied troops, which consist of traffic police, mobile police and criminal police to ease traffic congestion. Overloaded traffic infrastructure and low awareness amongst drivers are the two main causes of traffic congestion, according to Ha Huy Quang, deputy director of the city’s police department.…... [read more]

VietNamNet Bridge – The Ha Noi police are applying a range of measures to ease traffic congestion in the city as Tet (Lunar New Year) draws near. Heavy traffic is shown on Giai Phong street in Hoang Mai District in Ha Noi. — VNA/VNS Photo The amount of traffic in Ha Noi usually increases dramatically two months prior to Tet, the city’s police said. On some days the number of vehicles on the city’s roads increases by 200 per cent, as people travel to the shops in preparation for Lunar New Year. Traffic congestion can happen anytime, anywhere on the city’s streets, even in early morning on the major routes of Pham Van Dong–Pham Hung, Phap Van–Giai Phong, Au Co–Yen Phu, according to the city’s Department of Transport. Even though the number of traffic hotspots had reduced from 44 last year to 35 this year, traffic congestion is likely to happen on several other new spots, the department said. Traffic congestion had even begun to occur on previously clear streets, such as Xa Dan, Hoang Cau, Kim Ma, Tran Phu and the new Kim Lien stretch, even though the police had deployed the maximum number of traffic police officers to direct traffic. The same situation happened on the streets of Truong Chinh, Chua Boc, Nguyen Luong Bang, Thai Ha, Hoang Hoa Tham despite the addition of 15 allied troops, which consist of traffic police, mobile police and criminal police to ease traffic congestion. Overloaded traffic infrastructure and low awareness amongst…... [read more]

Viet Nam News HÀ NỘI - The Hà Nội police are applying a range of measures to ease traffic congestion in the city as Tết (Lunar New Year) draws near. The amount of traffic in Hà Nội usually increases dramatically two months prior to Tết, the city's police said. On some days the number of vehicles on the city's roads increases by 200 per cent, as people travel to the shops in preparation for Lunar New Year. Traffic congestion can happen anytime, anywhere on the city's streets, even in early morning on the major routes of Phạm Văn Đồng-Phạm Hùng, Pháp Vân-Giải Phóng, Âu Cơ-Yên Phụ, according to the city's Department of Transport. Even though the number of traffic hotspots had reduced from 44 last year to 35 this year, traffic congestion is likely to happen on several other new spots, the department said. Traffic congestion had even begun to occur on previously clear streets, such as Xã Đàn, Hoàng Cầu, Kim Mã, Trần Phú and the new Kim Liên stretch, even though the police had deployed the maximum number of traffic police officers to direct traffic. The same situation happened on the streets of Trường Chinh, Chùa Bộc, Nguyễn Lương Bằng, Thái Hà, Hoàng Hoa Thám despite the addition of 15 allied troops, which consist of traffic police, mobile police and criminal police to ease traffic congestion. Overloaded traffic infrastructure and low awareness amongst drivers are the two main causes of traffic congestion, according to Hà Huy Quang, deputy…... [read more]




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