Vietnam News
Vietnam’s Phu Quoc island improves airport The Airport Corporation of Vietnam (ACV) has begun expansion of Phu Quoc International Airport. Local media reported that once the project is completed it will extend passenger capacity to 5 million annually. The province’s People’s Committee of Phu Quoc district vice chairman, Huynh Quang Hung, was quoted saying Phu […]
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Vietnam has decided not to go ahead with the construction of nuclear power plants, which would have added an additional capacity of 4000 MW. The government is citing cheaper energy alternatives and slowing power demand. It looks likely that Vietnam will continue to look to gas and coal-fired power along with hydroelectric energy to power […]
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Irish firm to build $2.2bn wind farms in Vietnam HANOI – Irish wind and solar firm Mainstream Renewable Power on Monday said it had agreed to build and operate wind projects in Vietnam worth a total of over $2.2 billion, as the country looks for new energy sources to meet soaring demand. The announcement came […]
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Danang International Airport’s new international terminal will open by April next year. Saigon Times media reported the new international terminal will open 30 April, 2017, ahead of the hosting of the Asia-Pacific Economic Cooperation (APEC) forum that will be held in Danang later in the year. Construction of the outer structure will be completed by […]
Continue ReadingA subsidiary of Thailand’s Hemaraj Land and Development Pcl and Vietnamese construction firm Cienco 4 have teamed up to build a $1 billion industrial zone in Vietnam, the first country in Southeast Asia the Thai firm has expanded into. The venture, Hemaraj-Cienco 4 Co, signed a deal on Wednesday with the provincial government of Nghe […]
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ABB has won a repeat order from Doosan Heavy Industries to automate a 600 MW supercritical coal-fired power plant in Vietnam. The project is an expansion of the Vinh Tan 4 plant east of Ho Chi Minh City and once completed, it is die to add an extra 5600 MW to the national grid. ABB’s […]
Continue ReadingMyanmar likely to join Asean Power Grid MYANMAR is likely to be the fifth Asean country to sign up for the Asean Power Grid formed by Laos, Thailand, Malaysia and Singapore, energy ministers have said. “We had long discussions with our Myanmar counterparts,” said Laos Vice Minister for Energy and Mines Viraphonh Vilavong. “They are […]
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Larsen & Toubro wins $99.7 million Vietnam defence project Larsen & Toubro (LET), one of India’s leading engineering and construction company said it has signed a$99.7 million project with Vietnam Border Guard to design and construct high speed patrol vessels in India. The contract also envisages transfer of design and technology along with supply of […]
Continue ReadingThree countries have been highlighted as growth regions for the nuclear power industry by a global professional services consultancy. Unsurprisingly, one is China, however the other two spotlighted by Procorre are Jordan and Vietnam. Procorre states that “five years on from the Fukushima disaster, a number of countries have started heavily investing in their nuclear […]
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On Sept. 2, Japanese leasing company Orix announced plans to spend $50 million buy more than 10% of Vietnam’s Bitexco Power, together with Singapore’s United Overseas Bank. The stake purchase is to take place in mid-September. The move represents Orix’s first foray into the hydropower sector as the company looks to help meet growing demand […]
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