Category: Vietnam

Vietnamese court fines Lotte, Posco E&C $8.2 million for ‘defective’ highway A Vietnamese court ruled Korean builders Lotte Engineering & Construction (E&C) and Posco E&C to pay 10.9 billion won ($8.2 million) to the state-owned Vietnam Expressway Corporation (VEC) for alleged defects in a highway construction project.   The matter is part of a complex web of […]

Daewoo E&C to invest in $390 million urban development project in Thai Binh City, Vietnam An aerial view of the new urban development project in Vietnam’s Thai Binh City in which Daewoo Engineering & Construction will participate as a key investor [DAEWOO ENGINEERING & CONSTRUCTION]. Daewoo Engineering & Construction (E&C) has received approval to become […]

Scour likely underlying cause of destructive Vietnam bridge collapse Super typhoon Yagi has caused the collapse of the Phong Chau bridge into the Red River northwest of Hanoi in Vietnam, leaving 13 people missing. It was widely reported that the collapse led to 10 cars and two scooters plunging into the river. Deputy prime minister […]

Construction of bridge connecting Ho Chi Minh City with Dong Nai to finish earlier than planned The Nhon Trach Bridge project, connecting Ho Chi Minh City with neighboring Dong Nai Province, is now 80 percent complete and is expected to be finished by April 30 next year, four months ahead of schedule. This bridge, the […]

Daewoo E&C eyeing $2.5 billion Vietnam LNG project in the central Thanh Hoa Province Five consortiums compete to win mega-sized contract South Korea’s first-tier contractor Daewoo Engineering & Construction (E&C) and the country’s energy firm SK E&S are eyeing a mega-sized power plant contract in Vietnam. Vietnamese media outlets reported on Aug. 19 that the […]

Japan’s Marubeni aims for offshore wind power investments in Vietnam Japanese giant Marubeni plans to invest more in Vietnam, including renewable energy, solar energy, and offshore wind power, said Yoshiaki Yokota, managing executive officer and CEO for Energy & Infrastructure Solution Group at Marubeni. The executive made the statement at a Tuesday meeting with Vietnamese […]

600 MW Laos-based wind power project to run in Feb 2025 for export to Vietnam The 600-MW Monsoon wind power project in Laos can enter trial operation in February 2025 for power export to Vietnam, its investor told Vietnam Electricity (EVN) on Wednesday. The investor, Monsoon Wind Power Company Limited, also noted that the 500kV […]

Vietnam’s North-south high-speed railway to be completed by 2035 The Ministry of Transport and associated project partners have been informed that the completion of the north-south high-speed railway will be expected by 2035. At a meeting to discuss investment policy for the high-speed railway on July 11, Prime Minister Pham Minh Chinh instructed the Ministry […]

Vietnam’s first LNG-to-power complex completes land lease, readies ‘first fire’ The $1.4-billion Nhon Trach 3 and Nhon Trach 4 LNG-to-power complex, the first of its kind in Vietnam, has basically completed related land lease tasks. PV Power, a subsidiary of state-owned Petrovietnam, informed its parent firm on Thursday that it was also preparing to “first […]