Vietnam News
Can river meet all needs at same time? Population and economic growth — including the switch to electric vehicles and the rapidly expanding use of digital technology, leads to higher global electricity demand, which is expected to double by 2050, according to In McKinsey’s report “The Global Energy Perspective 2021”. The Lower Mekong countries (Cambodia, […]
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First turbine up at 600-MW Monsoon wind project in Laos The first turbine has been installed at the 600-MW Monsoon cross-border wind project in Laos that will transmit power to Vietnam, engineering, procurement and construction (EPC) contractor Power Construction Corporation of China (PowerChina) announced. A ceremony marking the turbine hosting completion was held at the […]
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Vietnam aims big on renewable energy Vietnam aims to increase the share of renewable energy in the primary energy supply to around 20% in 2030 and around 85% in 2050. That was the message from Tran Hong Thai, Deputy Minister of the Ministry of Science and Technology, at yesterday’s 1st Asia Meeting on Environment and […]
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POSCO E&C Ordered to Pay 3.9 Billion Won Compensation due to substandard highway construction in Vietnam POSCO Engineering & Construction (POSCO E&C) has been mandated to pay substantial compensation for its recognized responsibility in substandard highway construction in Vietnam. According to Vietnamese local media, VN Express, on Oct. 28, the Hanoi People’s Court has ordered […]
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Thailand, Vietnam and neighbors compete in airport expansion race Airlines’ passenger capacity for seven Southeast Asian nations to double by 2030 Southeast Asian countries are rushing to expand their major airports to meet rising domestic demand as well as attract foreign investment and travelers to boost economic growth, although some plans are raising concerns about […]
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Over $380mn needed to upgrade 3 highways linking Vietnam with Laos, China Three national highways connecting Vietnam with northern Laos and China are expected to undergo upgrades at a cost of over VND9.4 trillion (US$386.5 million), according to the Department for Roads of Vietnam. The department proposed the Ministry of Transport allow the former to […]
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Hau River Bridge to shorten travel time between HCMC, Mekong Delta Tra Vinh and Soc Trang provinces A new bridge will be built next month across the Hau River, a Mekong tributary, to replace ferry services between Tra Vinh and Soc Trang Provinces. Costing VND8 trillion (US$327.4 million) in official development aid, Dai Ngai Bridge […]
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First HCMC metro line to open in July 2024 Ho Chi Minh City’s first metro line is expected to open in July next year, according to a revision of the project’s plans, which have already been delayed three years. The updated plan for HCMC’s Metro Line No. 1 was mentioned in a report sent to […]
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Hanoi to spend $2.7b on metro line to connect with satellite urban areas Vietnam’s state appraisal council has approved an appraisal plan for the nearly-39-kilometer-long Van Cao-Hoa Lac urban railway project linking downtown Hanoi and outlying Thach That District, with a price tag of over VND65.4 trillion (US$2.7 billion). The metro line will feature a […]
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Never-ending construction of Hanoi’s metro irks the city The Nhon-Hanoi Station metro line, meant to be a beacon for traffic connectivity and economic development, has been delayed seven times over the last 17 years. For the last two decades, the 12.5 km-long ongoing construction site has been a headache for those living nearby and local […]
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