Vietnam News
PV Gas starts constructing Vietnam’s first LNG terminal, secures funding State-controlled PetroVietnam Gas began construction of the Thi Vai LNG terminal, and also signed financing deals for the first phase of the project to import natural gas into Vietnam, it said on Monday. The Thi Vai terminal will have a capacity of 1 million mt/year […]
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GE eyes expansion in Myanmar energy, healthcare sectors 30 October 2019 GE, the high-tech energy, health and aviation equipment provider, has plans to expand its reach in the Myanmar energy and healthcare sectors. “Myanmar has huge potential in terms of revenue and orders for GE. Myanmar needs healthcare and a lot of electricity. There are […]
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Hanwha E&C joins in Vietnam’s Binh Duong New City development project 28 October 2019 Hanwha E&C is joining Vietnam’s Binh Duong New City development project. The Korean engineering and construction company last week signed a contract with Vietnam’s state-owned Becamex IDC and the Korean Woori Investment Bank to form a consortium committed to the development […]
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TechnipFMC awarded major contract for a pipeline in Vietnam 25 October 2019 PetroVietnam Gas has awarded TechnipFMC an engineering, procurement and construction contract for a pipeline in Vietnam. The scope of the contract includes engineering and installing 118 km of rigid pipeline across Nam Con Son basin and Cuu Long basin as part of the […]
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Indonesian firm to build railway linking Laos’ Thakhaek with Vietnam’s Vung Ang seaport The Indonesia Railway Development Consortium (IRDC) is planning to build a railroad at a cost of 28 trillion Rp (1.98 billion USD) connecting Laos with Vietnam. 22 October 2019 The Indonesia Railway Development Consortium (IRDC) is planning to build a railroad at […]
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B.Grimm Power confident 2019 revenue will grow by 15-20% 19 October 2019 SET-listed B.Grimm Power is confident 2019 revenue will grow by 15-20% after commencing operations at two solar farms totalling 677 megawatts in Vietnam. Nopadej Karnasuta, the chief financial officer, said the two units of Dau Tieng 1 and Dau Tieng 2 have combined […]
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Singapore’s DBS Bank urged not to fund Vietnam’s Vung Ang 2 coal plant 18 October 2019 A future coal-fired power station in central Vietnam may soon be funded by Singapore’s DBS Bank, according to environmental groups familiar with the matter. This is despite DBS announcing in April that it will stop financing new coal-fired power […]
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Laos conducts feasibility study on a Laos-Vietnam railway project Plans to begin work on Laos-Vietnam railway in 2021 The Lao Government has entrusted the Petroleum Trading Lao Public Company (PetroTrade) to conduct a feasibility study on a Laos-Vietnam railway project, the Vientiane Times reported. 17 October 2019 The Lao Government has entrusted the Petroleum Trading […]
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Water conflict risk rising on the Mekong river China’s newly consolidated ability to stop the river’s flow to SE Asia points to an emerging new regional flashpoint The Mekong River, a waterway that originates in China and snakes through five Southeast Asian countries, is emerging as a new security flashpoint, similar in dynamic to escalating […]
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Sale of Laos coal power to Cambodia sparks environmental concerns 15 October 2019 With plans for cross-border electricity grids growing in the region, Laos is banking on hydropower exports to earn revenue. But a recent deal to also sell coal power generated in Laos to Cambodia has sparked environmental concerns over this trade. Last month, […]
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