Vietnam News
The Beijing-based PowerChina Resources Limited (PCR), a shareholder of Sinohydro Kamchay Hydroelectric Project Co. Ltd, which developed the Kamchay hydroelectric dam in Kampot, expressed its interest in building electricity transmission lines in Cambodia. This expression of interest was made when the director general of PCR, Du Chunguo, met the Kingdom’s Minister of Mines and Energy, […]
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Airports Corporation of Vietnam says work on phase one of the Long Thanh International Airport should begin April 2021 based on current progress. Saigon Times media quoted ACV outlining the legal procedures for terminal design bids for the project that will be developed in Long Thanh district. ACV said the bids will be presented 8 […]
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VietNamNet Bridge – It is the right time for Vietnam’s construction conglomerates to think of developing the international market, or they may lose the home market in the future because of outdated technology, lack of management skills and brain drain. Until three years ago, foreign contractors nearly covered all the large and valuable construction works, […]
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A dynamic energy unique to Asia pulses through Thailand’s capital, where skyscrapers rub shoulders with slums. From his penthouse at the St. Regis Bangkok, a high-rise hotel in the city center, William Heinecke gazes down at the streets below and reflects on his expat life. The 67-year-old American-born businessman was ranked the 20th richest man […]
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A new road will soon cut the travel time and build an even stronger link between southern China and the Asean states of Thailand, Laos and Vietnam. Laos is fast becoming an important land transport link for Asean regional connectivity with southern China’s Yunnan province. Chiang Rai, up to now, has been the jumping off […]
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Boom times ahead for the Kingdom, but is supply meeting demand? At the tail end of 2015, Southeast Asian nations inaugurated the ASEAN Economic Community (AEC), a borderless market for commodities, services, capital, and labour between 10 of the world’s fastest-growing economies. Long seen as a laggard behind more established neighbours Thailand and Vietnam, Cambodia […]
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A number of hoteliers in Phuket are selling off their properties to profit from land prices that have soared 400% in just over a decade, driven by the rapid growth in residential property. Suksit Suvunditkul, chief executive of Deevana Group, a Phuket-based hotel group, said the price of land on Patong beach had increased to […]
Continue ReadingTHAILAND could be strategically promoted by Japan-based Sumitomo Construction Machinery as the distribution and financial hub of Asean, especially CLMV (Cambodia, Laos, Myanmar and Vietnam), to cash in on the region’s high mid- and long-term potential, Kazuhiko Sasaki, the company’s president director for Southeast Asia said. Sumitomo Construction Machinery is one of the world’s leading […]
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The new Cốc San power plant in this northern province, a run-of-river hydropower facility supplying almost 30MW of power to regional off taker Northern Power Corporation, opened yesterday. The US$50m plant is backed by Vietnamese and foreign private investment and InfraCo Asia, a commercially managed infrastructure development and investment company funded by the governments of the […]
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South Korea’s Hyundai Engineering Co. won a $120 million deal from a Japanese retail giant Aeon Co. to build a shopping mall in the Kingdom of Cambodia, a deal that is expected to help the Korean engineering company that has been focusing on plant construction diversify its business portfolio. According to the company Monday, it […]
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