Category: Vietnam

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 […]

Vietnam’s Ben Tre province puts into operation wind power plant No. 5 This morning, Tan Hoan Cau Company inaugurated and put into operation the wind power plant No. 5 Thanh Hai, in Thanh Hai Commune in the Mekong Delta Province of Ben Tre’s Thanh Phu District. Speaking at the inauguration ceremony, Chairman of the People’s […]

Southern Vietnam’s longest expressway requests permission to extend the project’s completion deadline from 2023 to 2025 The investor of Ben Luc – Long Thanh Expressway has asked for permission to extend the project’s completion deadline from 2023 to 2025. State-owned Vietnam Expressway Corporation (VEC), the project investor, made the request at a Monday meeting with […]

Joint Venture Set for Ba Ria-Vung Tau Offshore Wind Farm Project in Vietnam Plans for the proposed 500 MW Ba Ria-Vung Tau offshore wind farm project in Vietnam are moving forward. Recently a Vietnamese construction and infrastructure group signed a joint development agreement for the project. The group includes Corio Generation and Fecon. The former […]

Nhon Trach 3 and Nhon Trach 4 will be the first LNG-fuelled power plants in Vietnam Project Type – Combined-cycle power plant Location = Nhon Trach District, Vietnam Investment – $1.4bn Capacity – 1.5GW The Nhon Trach combined-cycle power plant (CCPP) in Vietnam is proposed to be expanded with the addition of two more units, […]

Corio lines up builder for proposed 500MW Vung Tau offshore wind farm Vietnamese company Fecon will provide infrastructure services for the Vung Tao wind farm Corio Generation has appointed Vietnamese construction company Fecon to build the proposed 500MW Vung Tau offshore wind farm. The pair signed a joint development agreement on 22 June at a […]

Vietnam’s first metro line operator, Hanoi Metro Company, records $2.7 mln loss in 2021 Hanoi Metro Company, which operates the Cat Linh-Ha Dong metro line, has reported a loss of VND64 billion ($2.75 million) in 2021. The company’s accumulated loss since it began operations in 2015 is VND160 billion ($6.9 million) according to an audited […]

Ho Chi Minh City’s 2nd metro construction delayed as consultant quits Construction of HCMC’s Metro Line No. 2 has been rescheduled to 2025 instead of starting this year as the city needs to find a new consultant. The project’s investor, the Ho Chi Minh City Management Authority for Urban Railways (MAUR), is working on bidding […]