Vietnam News
Vietnam’s Central province of Quảng Nam to call for PPP investment in airport and sea port The central province has proposed a Private-Public-Partnership (PPP) model for calling on investment from the private sector in two key projects – the Chu Lai Airport and sea port systems in the near future. Chairman of the province Lê […]
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$32.5million solar power farm opens in Vietnam’s Ninh Thuận province A new solar farm valued at VNĐ750 million (about US$32.5 million) was officially opened for operation in the south-central province of Ninh Thuận on Thursday. Financed by LICOGI 16 Joint Stock Co, the 35MWp Nhơn Hải-Ninh Thuận solar farm covers 42ha in Nhơn Hải District. […]
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Wind Vietnam Virtual 2020 event will take place 12 August 2020 In 2020, Vietnam Government confirmed its approval in principle for adding at least 4,500 MW of wind energy to the current power development master plan (PDP VII) citing its concern of serious power shortage from 2023 due to significant delay of coalfired power plants. […]
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BG Container Glass (BGC), Thailand’s largest glass container packaging manufacturer, in talks to buy Vietnam solar farms BG Container Glass (BGC), Thailand’s largest glass container packaging manufacturer by capacity, is negotiating with investors in Vietnam to buy solar farms worth over 1 billion baht as it seeks new business opportunities in renewable energy. The company […]
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Vietnam mulls return to nuclear energy after 2035 Vietnam mulls return to nuclear energy after 2035 amid warnings that dwindling natural resources could lead to electricity shortages. The VNExpress reported. A draft power plan by the Ministry of Industry and Trade envisages building nuclear power plants with a capacity of 1,000 MW by 2040 and […]
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Vietnam’s tourism drops through the floor, a massive drop of 57% Vietnam recorded 3.7 million visits from January to June, a massive drop of 57% compared with the first half of 2019 according to data from the Government Statistics Office. Based on the first half fall, the country is now looking at a year-end total […]
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Vietnam improves real estate market transparency ranking Vietnam has moved up five places to rank 56th out of 99 economies in this year’s real estate transparency index. The biennial Global Real Estate Transparency Index report released this week by American real estate services firm Jones Lang LaSalle (JLL) and real estate investment manager LaSalle Investment […]
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LOC Group to support the development of the Hoa Binh 1 offshore wind project in Vietnam LOC Group, the premier international marine and engineering consulting firm, has won a contract with Cong ty Phan Dau Tu Dien Gio Hoa Binh1 to support the development of the Hoa Binh 1 offshore wind project in Vietnam. LOC […]
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Vietnam begins construction on VinWonders Phu Quoc Island’s giant theme park Vietnam’s Vinpearl Joint Stock Company officially announced on 01 June 2020 a US$1 billion investment for the country’s largest amusement park, the VinWonders Phu Quoc project, on Phu Quoc island situated about 50 kilometres from the southwestern province of Hien Tien. Set on 27 […]
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Vietnam’s property prices rising strongly Nominal house prices up 20.9% in HCMC, 4.8% in Hanoi during the year to Q1 2020 In Ho Chi Minh City, apartment prices surged 20.9% in Q1 2020 from a year earlier, to an average of US$2,452 per sq. m, according to Jones Lang La Salle Vietnam. Likewise in Hanoi, […]
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