Vietnam News
A pause in government procurement plans is forcing Thailand’s solar players to explore new markets. Thai renewable energy developers are expanding into overseas markets while waiting for news of further procurement rounds at national level. Thai Solar Energy, for example, is reported to be looking for partners to develop up to 50 MW of PV […]
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Cambodia, Laos and Myanmar are amongst ASEAN’s smaller economies, yet all different and facing different issues. Taken as a trio, their collective GDP performance is still less than that as China’s Yunnan Province, which lies to the north of Cambodia and Laos, and also borders with eastern Myanmar. Such statistics make interesting reading: Neither of […]
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Malaysian-owned Sunway Hotels & Resorts will spend $223 million in a redevelopment and expansion plan on its hotels in Malaysia, Cambodia and Vietnam within three years, according to Malaysian media. About $135.3 million of that will be used for new investments while the remainder will be spent on refurbishments and expansion. Sarena Cheah, the managing […]
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Kosmopolitan Hospitality to manage new 122-room Phuket property The new Days Inn Patong Beach Phuket is a 122-room hotel located in Phuket’s main resort area, six minutes’ walk from the beach. Formerly known as the Aloha Villa Phuket, the hotel was given a makeover prior to rebranding as a Days Inn. Its facilities include two […]
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The Royal Group conglomerate has signed off on a $10 million loan from the Bangkok-based Export-Import Bank of Thailand (EXIM Thailand) for the construction of a five-star hotel and resort in Koh Rong Island. The $16 million Royal Sands Koh Rong project is a joint-venture between Royal Group, owned by media and telecom tycoon Kith […]
Continue ReadingThai paint manufacturer TOA Paint (Thailand) plans to invest at least 1 billion baht (about $28.2 million) in three new factories in Cambodia, Myanmar and Indonesia, according to a report in Thai newspaper The Nation. Pongcherd Jemeekornkul, the president of TOA Paint (Thailand), told the paper that after establishing its sales representative offices and warehouses […]
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RANGOON — After months of delay, a fourth telecoms operator has been approved for a license, said Win Than, Deputy Minister of Communication and Information Technology, in Naypyidaw on Friday. The telecoms license was awarded to three shareholders: Myanmar National Telecom Holding Public Ltd., formed from 11 private companies; Viettel, a Vietnam-based telecoms operator; and […]
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Rankings announced on Tuesday by an independent Vietnamese evaluation company placed Vingroup at the top of the ten most reputable real estate developers in Vietnam in 2016. The rankings were prepared by Vietnam Report based on results which the firm said are independent, scientific, and objective studies of real estate businesses operating in Vietnam. The […]
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Why Ho Chi Minh City’s residential market will prove to be a sustainable investment. Just months after the liberalisation of Vietnam’s Housing Law on 1 July 2015, allowing for foreign property ownership, the majority of foreign buyers have yet to consider Vietnam as a property investment destination. Such muted response in a market highly rated […]
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Vietnamese Nguyen Thi Phuong Thao made her first million at 21 trading fax machines and latex rubber. Almost a quarter of a century later, she’s poised to become South-East Asia’s first self-made woman billionaire known for putting bikini-clad models on her VietJet Aviation Joint Stock planes and calendars. With the initial public offering of Vietnam’s […]
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