News

Vietnam’s HCMC land fetches record $1 mln for 10 sq.m, ripple effect seen Thu Thiem Peninsula land prices have soared to a record VND2.4 billion ($104,000) per sq.m, and this will have a ripple effect on all housing segments, experts say. Winning bids on four plots of land in the Thu Thiem new urban area […]

Vietnam’s major sea-crossing bridge in northern Quang Ninh Province nears completion Two sides of a sea-crossing bridge along Vietnam’s longest interprovincial expressway in northern Quang Ninh Province have been joined together. Van Tien Bridge spans 1.5 kilometers linking Van Don and Tien Yen districts of Quang Ninh, home to world-renowned Ha Long Bay. Costing VND800 […]

New road project to ease traffic congestion around Ho Chi Minh City’s Tan Son Nhat airport Work on the T3 terminal is expected to begin this month and complete by 2023. A road project linking with the third terminal of Tan Son Nhat International Airport in HCMC is expected to begin work in the second […]

Eneos buys into 35-MWp solar plant in Vietnam Eneos Vietnam Co Ltd, a unit of Japanese oil company Eneos Corp, has acquired a 19% stake in the operator of a 35-MWp Vietnamese solar plant from Shizen Malaysia Sdn Bhd. Named Hau Giang Solar Power Plant, the solar park is operated by VKT-Hoa An Joint Stock […]

Why did Lego choose Vietnam for its first carbon neutral plant? Last week, popular Danish toymaker Lego Group announced plans to build a new manufacturing operation in Vietnam, signed through a Memorandum of Understanding with Vietnam Singapore Industrial Park Joint Venture Company Limited (VSIP). According to Lego, they plan to invest over US$1 billion into […]