Vietnam News
Supported by international investors continuing to diversify their real estate portfolios, Asia Pacific has recorded a steady flow of international capital, with investment turnover increasing by 9% year on year to US$13 billion in the first half of 2015 according to real estate advisory company CBRE’s latest Asia Pacific Investment Guide. Richard Kirke, Managing Director, […]
Continue Reading
Laos hopes a railway between Vietnam and Thailand and another connecting Thailand and China will help drive socio-economic development in the impoverished country. Lao government officials have expressed concern about the interest rate on a U.S. $500 million loan from China to build a multibillion-dollar, high-speed railway through the Southeast Asian nation, and have asked […]
Continue Reading
Thai Transport Minister Arkhom Termpittayapaisith, right, shakes hands with Myanmar Construction Minister U Kyaw Lwin in the signing ceremony in Naypyidaw on Thursday. (Transport Ministry photo) Transport Minister Arkhom Termpittayapaisith signed an official agreement on Thursday for the construction of a second Thai-Myanmar bridge across the Moei River from Mae Sot district of Tak province. […]
Continue Reading
Construction on the 260-MW Don Sahong hydroelectric project in Lao People’s Democratic Republic (PDR) is expected to begin before the end of 2015. According to an announcement from the National Assembly (parliament of Lao PDR), the facility is being built at the Mekong River near Khone Falls in Champasak Province. Earlier this month, The Phnom […]
Continue ReadingImage Credit: Flickr / Prince Roy Laos’ parliament has approved the concession agreement for a controversial dam project, with construction expected to begin before the end of 2015, media sources reported earlier this week. As I wrote in a previous piece for The Diplomat, the proposed 260-megawatt Don Sahong hydropower project is critical part of […]
Continue Reading
Central Westgate is the latest shopping mall added by Central Group. (Bangkok Post file photo) Central Pattana Plc (CPN), the listed property developer under Central Group, has earmarked 30 billion baht to develop four to five new projects during 2016-18 as part of its plan to boost its annual revenue growth to 15% over […]
Continue Reading
Work has commenced on a 19.2-megawatt solar plant in the central province of Quang Ngai in Vietnam. The country’s first solar power station, the facility is expected to start generating electricity in July next year. The solar plant, which will cost around US$36.12 million to build, will export approximately 28,000,000 kWh of clean electricity to […]
Continue Reading
Ceremonies Sunday broke ground on the 640 million baht second Thai-Myanmar Friendship Bridge, linking Mae Sot and Myawaddy, and scheduled to be completed in 2017. Deputy Prime Minister Somkid Jatusripitak and Myanmar Vice President U Nyan Tun said the bridge will begin a new era of bilateral ties. (Post Today photo) A groundbreaking ceremony was […]
Continue ReadingMAE SOT – A groundbreaking ceremony was held on Sunday for the second Thai-Myanmar Friendship Bridge that will play a key role in the East-West Economic Corridor traversing continental Southeast Asia. The ceremony for the bridge linking the Myanmar border town of Myawaddy and the Thai town of Mae Sot was attended by government leaders […]
Continue Reading
A report in the Straits Times Vietnam is set to build a US$2.5 billion seaport in Ca Mau, its southernmost province, hoping to steal some spotlight away from the more popular regional hubs Singapore and Malaysia and could be a clue to Kra Canal. Vietnam announced that it would build a US$2.5 billion deep-water seaport, […]
Continue Reading