Infrastructure
Transport and shipping
VietJet looks to soar above its domestic and foreign rivals
VietJet Aviation, a privately run discount airline also known as VietJet Air, listed on the Ho Chi Minh City bourse on Feb. 28. The carrier eventually expects to eclipse state-run Vietnam Airlines in the domestic market, but it also has big goals for its international ...
Local airlines to face headwinds
Cambodian airlines trying to grow and capture a slice of the more promising Chinese market will face stern competition from more-established international carriers, while new startups could struggle to gain a foothold in the Kingdom’s relatively small market, according to new research by the Centre ...
Airbus weighs up Thai investment
AIRBUS Group is considering investing in an aircraft maintenance centre in Thailand in a move seen as a vote of confidence in the country’s aviation industry and government plans to boost the industrial technology base. The European plane maker signed a memorandum of understanding to ...
Angkor Air, Air France MoU
Cambodia Angkor Air and Air France Industries KLM Engineering & Maintenance on March 7 signed a memorandum of understanding to cover component support and maintenance services for the national flag carrier’s fleet of Airbus A320. The 12-year agreement includes full component support services, repairs and maintenance, pool ...
ASEAN officials work toward realising single aviation market
Senior officials from ASEAN aviation and dialogue partners continuously contribute their commitments to realise their vision and targets in relation to build up the comprehensive ASEAN Single Aviation Market, which is one of the key milestones in realising the AEC. The officials are currently attending ...
Vientiane has business potential but needs more infrastructure
Vientiane still has a huge potential for businesses and investment since Laos is being integrated with South East Asian Nations, according to economists. However, economists recommended that infrastructure development including roads, water and electricity supply are crucial for facilitating and attracting more entrepreneurs to the ...
China asked to fund bridges
Cambodia on March 6 asked China to help fund the construction of two bridges across the Mekong River, which it said would cut traffic congestion in Phnom Penh and help create a ring road around the city. Speaking at the inauguration ceremony of the Cambodia-Vietnam Friendship ...
Railway families given deadline
Nearly 100 families affected by a railway land dispute have been given a 30-day ultimatum to accept compensation or lose it. The demand came from an inter-ministerial committee set up to resolve the cases of three families in Banteay Meanchey province and 94 families in ...
Ban Hom Road upgrade on schedule
Workers have been pouring concrete to resurface the Ban Hom Road in Hadxaifong district, Vientiane, with the long-awaited upgrade scheduled for completion by the end of the year. A 4km section from the Chinaimo junction to Somhong village has now been fully concreted making up ...
Asian infrastructure needs US$ 1.7 trillion a year: ADB
The infrastructure needs in developing Asia and the Pacific will exceed US$22.6 trillion through 2030, or US$1.5 trillion a year, if the region is to maintain growth momentum, according to a new flagship report by the Asian Development Bank. The estimates rise to over US$26 ...
