Tech firms propose bicycle sharing plan for Saigon

With motorbike numbers multiplying, Hoi An launched its first bicycle sharing service on Sunday, seeking to promote environmentally friendly transportation.

The makeshift red-canopied vehicles are ubiquitous in Beijing: rickshaws traversing narrow alleyways and skyscraper-lined avenues alike.

Rewind to an age when pedaling was cool.

Vietnamese bicycle manufacturer Thong Nhat said on Tuesday that its initial public offering valued the business at VND246 billion ($11 million) based on market capitalization.