Category: Vietnam

Thailand plans to raise workers minimum wage by 5-8% Thailand plans to raise its mininum wage for the first time in more than two years, by 5% to 8% to help workers cope with the impact of the pandemic, according to the national wage committee and the labour minister. The national wage committee expects to […]

Saigon cathedral renovation extended by four years to 2027 Renovations to the iconic Notre-Dame Cathedral Basilica of Saigon will last until 2027 instead of 2023 as originally planned, the HCMC culture department said Thursday. Lam Ngo Hoang Anh, office head of the Ho Chi Minh City Department of Culture and Sport, said the prolonged break […]

Why does Vietnam need any coal-fired plants by 2050? We published a news item today that the Ministry of Industry and Trade wants coal-fired plants with a capacity of 14,120 megawatts scrapped from electricity production plans for Vietnam to achieve net-zero emissions by 2050. The plants were included in Power Development Plan 7 (for 2011-20) […]

Hanoi’s second metro to miss 2022 deadline The Nhon-Hanoi Station metro line, scheduled to have its elevated section running by the end of this year, will miss the deadline, its managers have said. The Nhon depot construction is less than 80 percent complete and the line’s consortium of sponsors, including the Asia Development Bank, the […]

Widening proposed for expressway linking HCMC and Mekong Delta in Vietnam The HCMC – Trung Luong Expressway is overloaded and needs to be widened from four to eight lanes, the HCMC Department of Transport said. On Wednesday it also proposed to the city government that the expansion work should be done through a public-private partnership. […]

Korea’s Kumho signs deal to build $77.3-mln HCMC-Dong Nai bridge The Ministry of Transport has signed a contract with Kumho Engineering & Construction Co. to build a bridge between HCMC and Nhon Trach District in Dong Nai Province. Under the contract signed Wednesday, the South Korean company has to complete the VND1.8-trillion (US$77.3-million) bridge within […]

The Ca Mau 1 offshore wind farm the largest in Vietnam to be commissioned in October 2022 The Ca Mau 1 offshore wind farm, the largest in size in Vietnam, which will be commissioned in October 2022, will have a power generation capacity of 350 MW, and will be able to generate up to 1,100,000 […]

Thailand’s Central Group unveils US$825m Vietnam expansion plan Thai retail conglomerate, Central Group, is to invest US$825.3 million in Vietnam during the next five years as it further expands its presence in one of Southeast Asia’s fast-growing retail markets. The investment is aimed at helping the group reach US$2.7 billion in sales in Vietnam by […]

Samsung Engineering Acquires Stake in Vietnamese Water Treatment Company Samsung Engineering, one of the world’s leading engineering, procurement, construction and project management (EPC & PM) companies, announced on June 30 that it has acquired a 24 percent stake in the Vietnamese water treatment company DNP (Dong Nai Plastic) Water for about US$41 million. A signing […]