Alstom Celebrates Hanoi Metro Contract Milestone

By the end of October 2019, Alstom is due to finish its first train for Hanoi Metro Line 3. In 2017, Hanoi Metropolitan Railway Management Board (MRB) and Alstom signed their first integrated metro system contract. As part of this contract, Alstom is manufacturing 10 trains for the Hanoi Metro Line 3. It says it […]

Boeing Expects Southeast Asia Airlines to Need 4,500 New Jets

Single-aisle airplanes continue to be the main driver of capacity growth in Southeast Asia. This growth helps to stimulate the demand for commercial aviation services, which are forecasted to be worth $785 billion between 2019 and 2038. “Three countries from Southeast Asia – Vietnam, Thailand, and Indonesia – made the top 10 list of countries […]

Vietnam to pay $6.56 mln for Hanoi metro

Vietnam needs to pay China VND152.7 billion ($6.56 million) this year toward the loan it took to fund the first Hanoi metro line. It obtained a loan of almost $670 million for the Cat Linh – Ha Dong metro route, and already repaid VND398 billion ($17.1 million), according to a recent report to the government […]

Vietjet to venture into cargo business in Malaysia

In order to enhance and further develop its cargo network, the new-age carrier Vietjet is pleased to announce that its subsidiary and cargo arm, Vietjet Cargo is opening a tender for a cargo General Sales Agent (GSA) in Kuala Lumpur and is inviting companies to bid for the first time in Malaysia on February 2020. […]