Vietnam News
Vietnam’s Auction Plan for Solar Energy •Vietnam’s energy demand is forecast to increase by over 10 percent by 2020. •After a rush of investment in solar energy in Vietnam, the government has introduced an auction system to stabilize the sector. •While the sector remains attractive, investors can expect a more rigorous approval process. Vietnam’s electricity […]
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Tadano Italthai to tap Indochina for crane sales 4 December 2019 Italthai Industrial Co, an importer and distributor of heavy machinery under Italthai Group, has teamed up with Japan’s Tadano Ltd to raise sales of cranes in five countries of the Indochina region to 2 billion baht by 2024. Yesterday the company signed a venture […]
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South Korea’s GS Energy to build 3GW LNG power plant in Vietnam South Korea’s GS Energy Corp., an energy business unit under South Korean conglomerate GS Group, will build a 3-gigawatt (GW) liquefied natural gas (LNG) power plant in Vietnam, a move that is expected to expedite the Korean energy giant’s push to go global […]
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Egat International builds coal-fired power plant in Quang Tri province, Vietnam 22 November 2019 EGAT International Co started construction on Friday of a 55 trillion dong ($2.37 billion) coal-fired power plant in central Vietnam, Vietnamese state media reported. The 1,320-megawatt Quang Tri 1 plant is being built in Quang Tri province, reported Vietnam News Agency. […]
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Vietnam’s remarkable wind energy story with power capacity soon to dwarf all other Asean nations Vietnam is rising as Southeast Asia’s new wind hero, with power capacity soon to dwarf that of all other Asean nations and the world’s biggest offshore wind farm to be built off its windy coast, but challenges remain. 19 November […]
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Swiss-Belhotel International plans to debut in Thailand with four hotels Expanding the Hong Kong chain’s portfolio of 145 hotels 18 November 2019 Hong Kong-based hotel operator Swiss-Belhotel International has announced its plans to move into Thailand with four new hotels. The group explains it is currently in “advanced negotiations” on having hotels in Bangkok, Chiang […]
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Thailand-based Unicorn Hospitality plans to triple hotel portfolio to 12 hotels and resorts by 2021 19 November 2019 Thailand-based Unicorn Hospitality aims to triple its hotel portfolio from four to 12 hotels and resorts by early 2021. At present, the group operates hotels and resorts in Thailand and Vietnam. In the Thai capital, it manages […]
Continue Reading B Grimm Solar Power buys project in Cambodia’s Banteay Meanchey province 19 November 2019 Bangkok-based B Grimm Power Pcl’s wholly owned subsidiary, B Grimm Solar Power 1, has entered into a share purchase agreement with Pramote Laocharoenwong, who is not connected with the company, to acquire all shares of Cambodia’s Ray Power Supply Co Ltd […]
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OYO discount hotel chain opens its doors in Thailand Oyo, the SoftBank Group-backed discount hotel chain, has officially opened its doors in Thailand. OYO Thailand marks its entry to Thailand with 8,000 rooms in 250 hotels in 13 cities including Bangkok, Pattaya, Phuket and Hua Hin with a strong pipeline of both supply and demand […]
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Siemens to upgrade Hiep Phuoc 1 steam power plant near Ho Chi Minh City to combined cycle power plant • Electrical capacity increased to approximately 1,200 megawatts • Fired with regasified liquefied natural gas instead of oil • Fifty percent lower CO2 emissions per kilowatt hour produced Siemens will provide the equipment to upgrade the […]
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