Vietnam News
Centara Hotels & Resorts has announced that its latest hotel in Pattaya, Centara Pattaya Hotel, soft-opened recently. The hotel joins two other Pattaya properties that are currently open, and a third that is at present under construction. Centara Pattaya Hotel is located in Central Pattaya, within a few minutes’ walk of the beach, and is […]
Continue ReadingThailand’s state-owned PTT Exploration and Production (PTTEP) on Thursday signed an agreement with Myanma Oil and Gas Enterprise (MOGE) for an investment in Myanmar’s Zawtika M9 gas field. PTTEP president and chief executive Anon Sirisaengtaksin said petroleum and natural gas production will start in 2013 with a production capacity of 300 million cubic feet/day, with […]
Continue ReadingDCM-Solutions awarded the main contract works of the Promenada Shopping Center in Chiang Mai, Thailand. Netherlands-based mall developer ECC International Real Estate Hanoi announced plans to invest 400-500 million USD over the next five years to develop five to six malls in Vietnam and Thailand. Its first resort-style mall, to cost 2.9 billion baht (96 […]
Continue ReadingA man and a woman charged with international crimes have been arrested on an Interpol warrant in Phan Thiet City in the coastal province of Binh Thuan, the province’s Police Department has said. The Swedish couple, Lundgren Nils Goeran Lennart and Sonja Kristina Bridget Eklund Mickelsson, both 58, will be handed over to the Swedish […]
Continue ReadingParkson Holdings Bhd, which last month made a S$138 million initial public offering (IPO) of its Southeast Asian unit in Singapore, is looking to expand its footprint into the Philippines, Thailand and Myanmar through acquisitions or greenfield projects as part of its plans to become one of the region’s largest department store chains. Parkson Holdings […]
Continue ReadingNEC Corporation (NEC; TSE6701) announced the signing of a multi-million dollar supply contract with the global consortium of communications companies, including NTT Communications, KT, Chunghwa Telecom, and others, to construct the Asia Pacific Gateway (APG) system, a high-bandwidth optical submarine cable system that will link 9 countries and territories in Asia. The signing took place […]
Continue ReadingLittle-known island destinations are stoking investor interest in the Zen paradise of Thailand Published in 1997, Alex Garland’s bestselling novel The Beach plugged a gap in the Generation X book market with its “new age” utopia tale of a disaffected back-packer in search of an exotic hideaway untouched by the cancer of tourism. It was […]
Continue ReadingMyanmar opened a new international airport in its capital Naypyitaw Monday, with regional leaders the first to use the new facility that will handle up to 65,000 flights per year. Naypyitaw International Airport will be Myanmar’s third international facility after Mandalay and the commercial capital Yangon. The airport was developed by Burmese construction company Asia […]
Continue ReadingNinety-nine per cent of construction projects in Viet Nam have fallen behind schedule, with red tape and delayed land clearance procedures seen as leading causes for the delays, Deputy Minister of Construction Bui Pham Khanh told a seminar held here yesterday by the Federation of Civil Engineering Associations (FCEA). State-financed projects were not immune from […]
Continue ReadingNinety-nine per cent of construction projects in Viet Nam have fallen behind schedule, with red tape and delayed land clearance procedures seen as leading causes for the delays, Deputy Minister of Construction Bui Pham Khanh told a seminar held here yesterday by the Federation of Civil Engineering Associations (FCEA). State-financed projects were not immune from […]
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