Vietnam News
Undeterred by the recent |flood disaster, the Erawan Group is sticking with its five-year business plan to develop 14 hotels with a total of 2,800 rooms and seek to acquire properties, as well as prepare for expansion abroad as the Asean Economic Community (AEC) nears implementation in 2015. The group has just reviewed its 2011-15 […]
Continue ReadingConstruction began on a US$3.7 billion lignite power plant that is to become Laos’ largest electricity generator upon startup in 2016. The Hongsa Power Co – a 40-40-20 joint venture among Thailand’s Banpu Power Ltd, Ratchburi Electricity Generating Holding Plc and Lao Holding State Enterprise – broke ground on the project last week, the Vientiane […]
Continue ReadingConstruction began on a US$3.7 billion lignite power plant that is to become Laos’ largest electricity generator upon startup in 2016. The Hongsa Power Co – a 40-40-20 joint venture among Thailand’s Banpu Power Ltd, Ratchburi Electricity Generating Holding Plc and Lao Holding State Enterprise – broke ground on the project last week, the Vientiane […]
Continue ReadingThailand’s Princess Maha Chakri Sirindhorn presided over the inauguration of the third Thai-Lao Friendship Bridge, connecting the northeastern Thai province of Nakhon Phanom with Khammuan province in the central Lao Peoples Democratic Republic. The opening ceremony took place on Nov 11 at 11.11am at the Thai-Lao border, co-chaired by Bounnhang Vorachith, vice president of the […]
Continue ReadingCurrently, First Solar has a production plant in Ohio and also has production lines in Germany, Malaysia and France. First Solar Inc. has put the construction of its solar panel factory in Vietnam on hold indefinitely as part of changes in corporate strategy by its new interim chief executive to focus more on looking for […]
Continue ReadingNational rail operator KTM Bhd (KTMB) is mulling over plans to set up KTM Thailand in a bid to expand its cargo and passenger business in the land of smiles. “We had discussion early this year (with the Thai authorities), and we hope it could be set up by next year with the focus on […]
Continue ReadingA hotel design consultant currently working on the interior design for the Regent Phuket, which opens here early next year, says that many hotels, particularly in Phuket and Bangkok, need to rethink their aesthetics in order to remain competitive. Competition is now fierce as many thousands of new rooms are coming on the market, not […]
Continue ReadingChina’s growing presence—with infrastructure building, laborers and casinos— worries tiny Laos A two-lane asphalt road between Nan, Thailand, and Oudomxay, Laos, designed to boost regional trade and tourism, opened in mid-September with characteristic fanfare. Four Lao hill tribe models coyly held up banners, welcoming a Thai delegation to their village bordering Thailand’s northern province of […]
Continue ReadingBritain’s second class pensioners The paper (accessible via the link below) was prepared by the International Consortium of British Pensioners (ICBP). Its primary purpose is to provide an overview of the plight of Britain’s Second Class Pensioners who have decided to live overseas during their retirement but find that their State Pensions are frozen by […]
Continue ReadingFrench company shifting focus to BRIC countries from US, Europe France-based Alstom has adjusted its management team in Thailand as part of an aggressive bid to increase its local market share from the current level of 15 per cent. Chairman and chief executive officer Patrick Kron said yesterday in Bangkok that Alstom had decided to […]
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