Vietnam News
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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There’s a new candidate for the next tallest building in the region, to be located on a multimillion riverside development in Phnom Penh, Realestate.com.kh reported. Local authorities including the Department of Land Management Urban Planning and Construction, and the Phnom Penh government recently approved a revised plan to erect the building by 2019 in what […]
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The capital of Laos is a low-rise, low-key city, especially when compared with the hulking high-rises and bustling streets of better-known Southeast Asian cities such as Bangkok, Kuala Lumpur and Singapore. But this once-sleepy city is fast shedding its sedate reputation due to a building boom ahead of international summits that will bring U.S. President […]
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British architect Atkins has started work on a 460-metre-high skyscraper in Ho Chi Minh City, which is set to become the tallest building in Vietnam on completion. Located on the banks of the Saigon River, the 81-storey mixed-use tower by local developers Vingroup will claim the title from the 345-metre Landmark 72 in Hanoi. The […]
Continue ReadingState-owned Vietnam Oil and Gas Group (PetroVietnam) is planning to build a natural gas processing plant in Quang Nam Province’s Nui Thanh District in the south central Vietnam as part of a $3.8 billion project, a local media reported Tuesday. Construction of the natural gas processing plant, which will occupy 2,471 acres (1,000 hectares) in […]
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