Category: Vietnam

Vietnam’s Vu Phong Energy and Germany’s Steag Energy Services join hands in developing wind power projects The Construction Joint Stock Company 47, Vu Phong Energy Group and Steag Energy Services GmbH of Germany signed in Hanoi on December 15 a memorandum of understanding (MoU) on jointly providing consultancy services for the implementation of wind power […]

Vietnam’s HCMC land fetches record $1 mln for 10 sq.m, ripple effect seen Thu Thiem Peninsula land prices have soared to a record VND2.4 billion ($104,000) per sq.m, and this will have a ripple effect on all housing segments, experts say. Winning bids on four plots of land in the Thu Thiem new urban area […]

Vietnam’s major sea-crossing bridge in northern Quang Ninh Province nears completion Two sides of a sea-crossing bridge along Vietnam’s longest interprovincial expressway in northern Quang Ninh Province have been joined together. Van Tien Bridge spans 1.5 kilometers linking Van Don and Tien Yen districts of Quang Ninh, home to world-renowned Ha Long Bay. Costing VND800 […]

New road project to ease traffic congestion around Ho Chi Minh City’s Tan Son Nhat airport Work on the T3 terminal is expected to begin this month and complete by 2023. A road project linking with the third terminal of Tan Son Nhat International Airport in HCMC is expected to begin work in the second […]

Eneos buys into 35-MWp solar plant in Vietnam Eneos Vietnam Co Ltd, a unit of Japanese oil company Eneos Corp, has acquired a 19% stake in the operator of a 35-MWp Vietnamese solar plant from Shizen Malaysia Sdn Bhd. Named Hau Giang Solar Power Plant, the solar park is operated by VKT-Hoa An Joint Stock […]

Why did Lego choose Vietnam for its first carbon neutral plant? Last week, popular Danish toymaker Lego Group announced plans to build a new manufacturing operation in Vietnam, signed through a Memorandum of Understanding with Vietnam Singapore Industrial Park Joint Venture Company Limited (VSIP). According to Lego, they plan to invest over US$1 billion into […]

Lego to build $1-bln toy plant in Vietnam’s southern province of Binh Duong Danish toy company Lego Group will build a $1-billion plant in the southern province of Binh Duong in the second half of next year. It signed a memorandum of understanding Wednesday with the Vietnam-Singapore Industrial Park Joint Venture Company to build the […]

$479 mln industrial hub planned for Vietnam’s northern city of Hai Phong Construction of a VND11 trillion ($479.2 million) non-tariff logistics and industrial hub in the northern city of Hai Phong is set to begin early next year. The city has greenlighted Xuan Cau – Lach Huyen Investment JSC to construct the Lach Huyen hub, […]

Sembcorp Utilities and BCG Energy aim to develop 1.5 GW of renewables in Vietnam Sembcorp Utilities, a unit of Singapore’s Sembcorp Industries Ltd (SGX:U96), and BCG Energy, the renewables business of Vietnam’s Bamboo Capital Group, have teamed up to develop up to 1.5 GW of wind and solar projects in Vietnam. Under a collaboration agreement […]

Vietnam’s 48MW Tra Vinh Wind Power intertidal project has achieved commercial operation Modern Energy Management (MEM) has achieved commercial operation for the 48MW Tra Vinh Wind Power (TWPC) intertidal wind farm project in Vietnam on behalf of project investors Climate Investor One and ST International. Climate Investor One (CIO) is a blended finance facility delivering […]