DP World posts EBITDA growth of 17.7% in 2019

For the year ended December 31, 2019, DP World announced that on a reported basis revenue grew 36.1 percent and adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased 17.7 percent to $3,306 million, delivering profit attributable to owners of the company, before separately disclosed items, of $1,328 million, up 4.6 percent and earnings per share (EPS) of 160 US cents.

Vietnam set to conduct economic census

HCMC – Prime Minister Nguyen Xuan Phuc has signed a decision to implement a 2021 general economic census to gather information about producers, businesses and non-governmental organizations nationwide. The economic census is aimed at evaluating the socioeconomic situation and growth trends in Vietnam, and helping make policies and plans for the country’s sustainable development, the […]

Rhenus takes over the Malcolm Total Logistics Group

The Malcolm Total Logistics Group has four business sites across the greater Auckland area, including a 4,200 square metres 3PL logistics warehouse strategically located just off Auckland International Airport. The company has been operating in the logistics and customs business for 35 years.   “Very much in line with the Rhenus Group, the Malcolm Total […]

Bamboo Airways to Open Vietnam – Germany Direct Routes

The Memorandum of Understanding (MoU) between Bamboo Airways and Munich Airport is expected to strengthen the cooperation, promoting the exploitation of Vietnam – Germany direct routes and widening the Airline’s network to Europe. To Conquer European Market The European market is determined as a key market which dominates the development road map of Bamboo Airways’ […]

Border Gate improvements planned to boost trade

The Royal Government of Cambodia has unveiled plans to improve facilities at border gates with Thailand and Vietnam in order to ease cross-border transport and boost trade activities. The Economic and Financial Policy Committee, chaired by Deputy Prime Minister Aun Pornmoniroth, agreed to take urgent measures to improve the cross-border transport with Thailand and Vietnam, […]