Vietnam News
The controversial Xayaburi hydro-electric dam project in northern Laos may have already begun, despite countries, including Cambodia, requesting further studies to assess possible negative effects on Lower Mekong communities. According to a statement released on its website late on Tuesday, Thai development firm Ch.Karnchang said it was due to begin building the dam on March […]
Continue ReadingPlans move ahead for Laos’s controversial hydropower project on the Mekong. In a controversial move, a Thai company has signed a nearly $2 billion dollar contract for the construction of a dam on the Mekong River in Laos even though governments in the region have not cleared the project. Ch. Karnchang informed the Thai stock […]
Continue ReadingPlans move ahead for Laos’s controversial hydropower project on the Mekong. In a controversial move, a Thai company has signed a nearly $2 billion dollar contract for the construction of a dam on the Mekong River in Laos even though governments in the region have not cleared the project. Ch. Karnchang informed the Thai stock […]
Continue ReadingWind Energy Holding Co (WEH), Thailand’s first private wind turbines operator, is proceeding with plans to invest 40 billion baht in seven wind turbines farms over the next four years. Board chairman Noppon Suppipat said the company is now developing the first three projects _ Huay Bong 2 and 3 in Nakhon Ratchasima and Watabak […]
Continue ReadingUp to 100,000 firms may go under The increase in the minimum wage may force 100,000 small and medium-sized enterprises (SMEs) out of business or force them to relocate their factories, according to industry representatives. The daily minimum wage in Bangkok and six other provinces rose to 300 baht Sunday; the rate will be applied […]
Continue ReadingUp to 100,000 firms may go under The increase in the minimum wage may force 100,000 small and medium-sized enterprises (SMEs) out of business or force them to relocate their factories, according to industry representatives. The daily minimum wage in Bangkok and six other provinces rose to 300 baht Sunday; the rate will be applied […]
Continue ReadingConstruction would start in as soon as two months, and the newly formed joint venture, KK Power, was in negotiations with Thai officials on the price at which the power would be sold, said Ly Yong Phat, now the JV’s CEO. He declined to comment on the company’s ownership structure. “We already agreed in principle […]
Continue ReadingConstruction would start in as soon as two months, and the newly formed joint venture, KK Power, was in negotiations with Thai officials on the price at which the power would be sold, said Ly Yong Phat, now the JV’s CEO. He declined to comment on the company’s ownership structure. “We already agreed in principle […]
Continue ReadingDow Chemical Co is pouring an additional US$125 million into its Thai operations, strengthening the country’s role in transforming the US-based firm from a manufacturer of basic chemicals to a maker of specialty products. The new investment follows the recent completion of Dow’s $3-billion Thai Growth Project that began in 2006. The new projects, both set […]
Continue ReadingVietnam is seeking foreign investors to help build two airports so it can compete with other Southeast Asian nations for regional air traffic. “We are in need of financial investments from many sources, domestic and foreign,” Nguyen Cong Hoan, director of planning and investment of a newly-established nationwide airport operator, Airports Corporation of Vietnam, said at […]
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