Vietnam News
IHG looks east in Thailand, signs eight hotels at one go Thailand’s eastern seaboard, largely perceived as a big industrial zone barely a few years ago, is now emerging as a much-touted business, investment and tourist destination, driven by the Thai government’s strong push for the Eastern Economic Corridor (EEC) to connect with China’s One […]
Continue ReadingThailand’s Gulf Energy plans $3.7 billion investment over six years BANGKOK (Reuters) – Thailand’s third largest power producer, Gulf Energy Development Pcl , plans to invest 120 billion baht ($3.73 billion) over the next six years to double its generating capacity by 2024, a top executive said on Friday. Gulf Energy is targetting annual revenue […]
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GS E&C’s new city project back on track in Vietnam, stock at 52-week high South Korea’s GS Engineering & Construction Corp. said on Monday it expects to resume the construction to build a new city in Nha Be, Ho Chi Minh City late this year after Vietnamese authorities finally cleared hurdles related to compensation for […]
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Construction booms in Cambodia but salaries fall behind The government says wages for unskilled construction workers are rising in line with the building boom, but ask any labourer and you’ll hear otherwise WAGES for low-level workers in construction are not keeping pace with the building boom despite official government statistics suggesting they are ahead of […]
Continue ReadingVietnam building more power plants as economic growth accelerates 26 April 2018 * PV Power allowed to develop two power plants in Dong Nai province at total cost of nearly $1.5 billion * PV Power plants to start generating in 2020-2021 * Sembcorp Industries unit in deal to build 750-MW power plant in Quang Ngai […]
Continue ReadingThai builder WHA Corp eyeing 20% revenue growth May 04, 2018 WHA Corp, Thailand’s top industrial estate and warehouse developer, targets a 20 per cent revenue growth this year on higher government spending on infrastructure, foreign investment and a growing e-commerce market, its chief executive said on Wednesday. The company is also set to benefit […]
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Dusit International to debut in Thailand with Phu Quoc property 03 May 2018 Dusit International will make its Vietnam debut this month with the opening of Dusit Princess Moonrise Beach Resort on the country’s largest island, Phu Quoc. Located in the south of Vietnam in the Gulf of Thailand, Phu Quoc is a fast-growing tourist […]
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Best Western to open a stylish new Beach resort in Vung Tau, Vietnam Best Western Hotels & Resorts has unveiled plans to launch its BW Premier Collection brand in Vietnam, with a new upscale beach resort in one of the country’s most exciting up-and-coming coastal destinations. Saint Simeon Resort, BW Premier Collection is currently under […]
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Hundreds of Villagers Hold Officials Hostage Over Vietnam Power Plant Plans Hundreds of villagers in central Vietnam’s Binh Dinh province held five local officials hostage for a day before releasing them late on Friday to demand that authorities free more than a dozen people detained for holding an environmental protest, according to sources. Residents of […]
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1,200 megawatt Vietnam coal plant gets funding, but Standard Chartered pulls out over climate policy conflict The London-headquartered bank withdrew from the US$1.87 billion coal-fired power plant’s financing consortium, but eight other banks, including Singapore’s OCBC and DBS and Malaysia’s Maybank, ensured the deal was closed. What will be one of Vietnam’s largest coal-fired power […]
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