Vietnam News
Toshiba Mitsubishi-Electric Industrial Systems Corp (TMEIC) said Tuesday it has officially established a subsidiary in Thailand, aiming to take advantage of growing demand for photovoltaic (PV) equipment in the country. The new entity, called TMEIC Asia (Thailand) Co Ltd, is located in the metropolis of Bangkok. Apart from selling industrial electric equipment and systems, including […]
Continue ReadingPROPERTY PRICES continue to rise in Southeast Asia, especially in Thailand, Vietnam, Laos and Myanmar, driven largely by plans to develop the countries’ infrastructure to link their transportation systems and serve demand under the Asean Economic Community. In Thailand, land prices close to the mass-transit system in Bangkok have risen over the past five years […]
Continue ReadingA feasibility study for a railway linking the Lao capital of Vientiane with Vung Ang seaport in central Ha Tinh province of Vietnam has begun, a senior Lao official has said. The study of the 550km-long rail line is set to take about two years to complete, scheduled from December 2015 to December 2017, according […]
Continue Reading Energy policymakers plan to give the private sector better access to the state solar rooftop programme in a bid to promote the use of solar power. The programme for businesses will be liberalised, allowing private companies to apply for solar rooftop development licences with a combined generating capacity of 100 megawatts, said Energy Minister Anantaporn […]
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Thailand- based industrial estate developer Amata Corporation has set up a 42:58 joint venture firm with Bangkok Industrial Gas (BIG) to run industrial gases business to serve demand in industrial estates. The joint venture company, Amata Industrial Gas Co, will provide the service of industrial gases and related innovation to the factories in Amata City […]
Continue Reading Taiwanese firm Neo Solar Power Corp (TPE:3576), or NSP, is looking for a sector player in Vietnam interested in setting up a joint venture (JV) for between 600 MWp and 800 MWp of PV panel production capacity there, DigiTimes said Wednesday. So far, Vina Solar has emerged as the best partner for the job, unnamed […]
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Vietnam has allowed a local investor to take over and restart a troubled port project near the central town of Nha Trang, six years after state-owned shipping giant Vinalines called it quits due to financial problems, local media reported on Monday. In the first stage of the project, Nha Trang Port JSC will spend VND417 […]
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Thai tycoon Charoen Sirivadhanabhakdi has secured the 58.6 per cent stake in Big C Thailand from French retailer Group Casino after a short bidding process. The controlling interest will be bought by Charoen’s holding company TCC Holdings which late last year bought the Metro Vietnam business from Germany’s Metro AG for €655 million and is […]
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The International Energy Agency’s (IEA) report on Southeast Asia sees 74 per cent of the region’s power coming from fossil fuels by 2040, with Indonesia and Vietnam supplying coal Firstly, commercial clean coal technology (CCT) does not exist. Globally, no CCT can compete in price with alternatives like solar and, at the same time, remove […]
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Thai AirAsia cabin attendants show off the promotional fare for the low-cost carrier’s Bangkok (Don Mueang)-Luang Prabang route at the launch announcement Tuesday. (Photo by Thai AirAsia) Laos has finally opened its restricted skies to Thai AirAsia (TAA), which has relentlessly pursued the issue for eight years. The neighbouring state will from March 24 allow […]
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