Vietnam News
IKEA unpacks plan for new store every year in Southeast Asia IKANO Private Ltd, which operates IKEA stores in Southeast Asia, yesterday announced an ambitious plan to open one store every year in the region over the next five to 10 years. The company yesterday officially opened its second IKEA store in Bang Yai district […]
Continue ReadingDeal signed to set Thai rail standards The Engineering Institute of Thailand (EIT) on Friday signed a memorandum of understanding (MoU) with the Office of Transport and Traffic Policy and Planning (OTP) to establish a set of engineering standards for upcoming railway projects countrywide. The MoU involves the EIT’s agreement to distribute copies of the […]
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TTC Energy signs up Japanese contractor for solar plant Gia Lai Electricity Joint Stock Company has hired Japanese-owned JGC Vietnam Co., Ltd as the contractor for the construction of a solar power plant in the Central Highland province of Gia Lai’s Krong Pa District. The lump sum turnkey contract covers engineering, procurement, construction and commissioning […]
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Central Group sets B200bn growth plan Central Group, the country’s biggest retail conglomerate, aims to spend a combined 200 billion baht over the next five years in expanding its retail, hotel, property and e-business both at home and abroad, with an aim of doubling sales to 800 billion baht. Tos Chirathivat, the group’s chief executive, […]
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Building bridges between Laos and Thailand for better lives Laos overcomes its land-locked geography with overland cross-border infrastructure, boosting interconnectivity between countries in Southeast Asia. Waking up in one country and shopping in another may sound like the life of a high-flying chief executive, but not for Vannasinh Phrasavath, who does it every time she […]
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ADB to finance B.Grimm Power’s Asean energy project The Asian Development Bank (ADB) signed a loan for $235 million to B.Grimm Power, one of the largest power producers in Thailand, to develop and enhance renewable energy capacity in Asean member countries. ADB’s financing will support B.Grimm Power’s implementation of the Asean Distributed Power Project, which […]
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Construction starts on Vietnam’s first petrochemical complex Prime Minister Nguyen Xuan Phuc gave the order to start construction on the Long Son Petrochemicals (LSP) Complex – the first of its kind in Vietnam – at a ceremony on February 24 in the southern province of Ba Ria-Vung Tau. The event also saw the presence of […]
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Thai renewables companies forced to seek opportunities abroad Government control and rising competition mean less room for domestic growth Thai renewable power companies operating solar and wind farms are shifting investment overseas, despite the government’s target of making renewables contribute up to 25% of the country’s total power mix by 2021. The state’s control over […]
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Bangkok Marriott Hotel The Surawongse to open Marriott Hotels, the iconic flagship brand of Marriott International, will open the Bangkok Marriott Hotel The Surawongse in Q1 2018. Owned by TCC Land Asset World (Asset World Corporation, A member of TCC Group), the five-star hotel is situated on Surawongse Road, Bangkok’s bustling thoroughfare that runs from […]
Continue ReadingThailand’s biggest solar firm plans $1.76 billion in Vietnam wind projects BANGKOK (Reuters) – Thailand’s largest solar energy company, Superblock Pcl, plans to invest 56 billion baht ($1.76 billion) to install 700 megawatts (MW) of wind farms in Vietnam, the company’s Chairman Jormsup Lochaya told Reuters on Friday. The first phase of the investment will […]
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