Vietnam News
Thailand property demand is rising – with investors from the United States leading overseas sales – and there is a marked shift to online real estate searches. Leading real estate website DDproperty.com, part of the respected PropertyGuru stable, says it has enjoyed a 29% year-on-year rise in property searches in the nine months to September […]
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Chang International Circuit in Buri Ram province, Thailand’s first world-class racing circuit, had its track laid by Tipco Asphalt Group, which wants to expand its business into the large markets of Vietnam and Indonesia. THANARAK KHUNTON SET-listed Tipco Asphalt Plc (TASCO), the country’s biggest asphalt maker, has acquired stakes in two subsidiaries of France’s Colas Group […]
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The US$3.5 billion Xayaburi hydroelectric project is 60% complete. It is the first of 11 projects proposed for the Lower Mekong River in Southeast Asia as part of Laos’ plan to become the “battery of the region.” The Loa and Thailand governments began building the project in 2012 and published reports indicate it is now […]
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Study shows how large parts of New York, London, Shanghai and other cities will be submerged as a result of rising sea levels Large swathes of Shanghai, Mumbai, New York and other cities will slip under the waves even if an upcoming climate summit limits global warming to two degrees Celsius, scientists reported on Sunday. […]
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Prayuth Chan-Ocha, the general who runs Thailand, wants to turn once unruly border regions into zones of economic prosperity. For much of the past century, the Thai border town of Mae Sot stood on one of Asia’s wilder frontiers. On the opposite bank of the swirling, mud-brown Moei River in neighboring Myanmar, Karen insurgents waged […]
Continue ReadingFurniture makers Index Living Mall and SET-listed Modernform Group will continue to expand in Myanmar in response to rising demand from the property sector. They said their expansion plans in Myanmar will move forward as usual regardless of the outcome of the national election. Modernform assistant vice-president Tummanit Suphanochakul said the company wanted to cash in on huge […]
Continue ReadingThe Labour Ministry will seek the cabinet’s approval next week to slash visa fees for Vietnamese workers as the country grapples with a labour shortage. The visa fee for Vietnamese workers will drop from 2,000 baht to 500 baht, said ML Boondarik Smithi, permanent secretary for labour, adding the request will be lodged at the […]
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Public hopes are high that khlong water will be purified in the government’s new clean-up project. (File photo by Panupong Changchai) When one looks at the state of Bangkok canals today, it is hard to imagine that they were once filled with clear, clean water teeming with aquatic life. Khlongs, as canals are called in […]
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WHA plans to focus more on renewable energy, especially solar rooftop and waste-to-energy business. (Bangkok Post file photo) The country’s leading warehouse developer plans to invest more than 32 billion baht over the next five years expanding its business at home and across Southeast Asia. WHA Corp, the market leader in building bespoke warehouses for […]
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In Thailand, the main consumers of sturgeon and black caviar are the members of the upper middle class. Source: Press photo Five years ago, Thai businessman Noppadon Khamsai and his Russian partner Alexey Tyutin saw an opportunity in Asia’s growing demand for caviar. The duo decided to build a sturgeon-breeding farm in Hua-Hin, with a […]
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