Category: Vietnam

UAE’s NMDC Group, Vingroup partner for coastal protection in Vietnam The projects are expected to generate thousands of jobs for local communities, driving economic growth in Vietnam’s coastal regions and providing substantial social benefits Abu Dhabi-based NMDC Group has signed a memorandum of understanding (MOU) with Vingroup, one of Vietnam’s largest private conglomerates, to undertake […]

Germany’s PNE seeks Vietnam partners for $4.6 bln offshore wind power project Germany-based wind energy developer PNE AG is seeking “sustainable partners” in Vietnam to deploy the $4.6 billion Hon Trau offshore wind power project in the central coastal province of Binh Dinh. PNE executive vice president Thorsten Fastenau made recommendations related to the task […]

Vietnam invites big Chinese firm to help build $67bn North-South Railway Nguyen Ngoc Canh is vice chair of Vietnam’s public investment fund (CMSC) Vietnam has asked China’s biggest contractor to help build its North-South railway, an epic infrastructure scheme that is expected to lay 1,700km of high-speed track at a cost of $67.3bn. The invitation […]

German energy firm PNE eyes $4.5B wind power project in Vietnam Germany’s energy firm PNE is studying the possibility of developing a $4.5 billion offshore wind power project in central Vietnam. The company, with 25 years of experience developing onshore and offshore wind power projects, wants to build a 2,000-megawatt plant in three phases, its […]

Vietnam to amend national power plan to include nuclear energy HANOI – Vietnam will amend its national power development plan, known as PDP8, to include options for nuclear energy and hydrogen, the Minister of Industry and Trade said on Monday. The PDP8 will be amended in a way to also add more renewables to the mix, including solar […]

Vietnam estimates China rail link will cost $7.2bn Vietnamese people exercise at Lenin Park in Hanoi on June 16, 2024. (Photo: Reuters) HANOI: Vietnam has estimated the cost of building a new railway linking it with China’s Yunnan province at 179 trillion dong ($7.2 billion), state media reported on Wednesday. The 427-kilometre railway would run […]

HCM City to issue bonds to fund metro projects to develop 183 km of metro lines by 2035 Under a master plan, the city plans to develop 183 km of metro lines by 2035, requiring an estimated US$36 billion. HCM City plans to issue bonds to finance its long-awaited metro projects, aiming to reduce reliance […]

Erex starts building two 50MW biomass-fired plants in northern Vietnam Japanese renewable energy developer Erex has started building two 50MW biomass-fired power plants in Vietnam, the company said on 10 October. Erex started construction on 4 October in the Yen Bai and Tuyen Quang provinces of northern Vietnam. Each plant will have 50MW of generation […]

Vietnam Town Nakhon Phanom inaugurated in Thailand The welcome gate of Vietnam Town Nakhon Phanom was unveiled at a ceremony held in Nakhon Phanom province, northern Thailand, on October 10, attracting the participation of around 1,000 overseas Vietnamese. In her speech, Phanom Ranida Laungthitisakul, acting governor of Nakhon Phanom province, noted that the inauguration marked […]

Thailand top retailer Central Retail begins building $9 mln mall in northern Vietnam Thailand’s leading retailer Central Retail kicked off the construction of a mall under its GO! brand in the northern mountainous province of Yen Bai last weekend. Located in Yen Bai town of Yen Bai province, the 1.3-hectare establishment is set to enter […]