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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Green SM changes its brand from Xanh SM to Green SM. The Green Smart Mobility and Intelligent Transport Joint Stock Company (GSM) announced the brand change from Xanh SM to Green SM. The change aims to unify brand identity across the entire system and marks the company's three-year operation. In…
Q1 2026 saw transport activity expand in line with seasonal patterns. As Q2 2026 approaches—alongside rising fuel costs and freight demand entering a peak—the transport system faces the need to adjust how operations are organized and how costs are controlled.
According to data from the General Statistics Office and the Ministry of Finance, Q1 2026 recorded an expansion in transport activity. Total passenger trips reached about 1.65 billion, up more than 18%, while passenger-km turnover rose to 84.5 billion, up more than 11%.
However, the growth did not come with a meaningful shift in transport structure. Traffic remained concentrated on road transport, with domestic transport accounting for nearly all total transport volume, reflecting a sharp rise in domestic travel demand.
In freight, transport volumes rose from 620.1 million tonnes in 2024 to 810.9 million tonnes in Q1 2026. Despite this expansion, there was no proportional shift across transport modes. Road transport continued to dominate, while inland waterways and maritime transport did not expand proportionally. Rail and air transport remained a small share.
Moving into Q2 2026, fuel costs are described as the determining variable shaping transport activity. Many passenger transport companies report that fuel costs account for 40–50% of total costs, meaning fluctuations in fuel prices directly affect operating efficiency.
In freight, many firms are choosing not to expand orders. Instead, they are tightening inputs, cutting or limiting long-haul routes, and optimizing routes to maintain efficiency.
In aviation, rising jet fuel prices are pushing up operating costs, leading carriers to adjust their schedules. With roughly 73% of goods and 90% of passengers transported by road, movements in input prices are expected to propagate quickly through the broader system.
Q2 2026 is both a peak period for demand and a test of transport companies’ operational capacity. When fuel costs remain high and the transport structure stays unchanged, growth is expected to come less from scaling up and more from selecting the right routes, optimizing the right trips, and controlling costs at each transport unit.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
