Category: Vietnam

Samsung Electronics begins construction on $220m R&D centre in Hanoi, Vietnam Samsung Electronics has started construction on a new $220m Research and Development Center in Hanoi, the capital city of Vietnam. Located in the Tay Ho, the R&D facility will have a total construction area of 11,603m² and with a floor area of 79,511m². The […]

Vietnam adds 2.7 – 3GW gas-fired projects to national planning, first phases to be commissioned in 2025-26 The government of Vietnam has added the Ca Na phase I and Long Song phase I (Ba Ria-Vung) LNG-fired power projects to the National Power Development Planning (PDP). The Ca Na LNG-fired power project is developed by the […]

German wind power company Enercon wins 310MW wind turbine contract in Vietnam Wind power company Enercon has further strengthened its presence in Vietnam by securing a new wind turbine supply contract. The contract covers six wind power facilities in the country that have a combined capacity of 310MW. As per the terms of the agreement, […]

Hanoi approves plan to implement two new urban metro lines Hanoi (VNA) – The municipal Party Committee of Hanoi has approved a plan to build two new metro lines. They are Line No 3 from Hanoi Railway Station to Hoang Mai district and Line No 5 (Gold) from Van Cao to Hoa Lac. At a […]

Bright prospect for Vietnam’s construction enterprises despite COVID-19 pandemic Despite the impact of the COVID-19 pandemic in the first quarter, construction businesses still firmly believe bright growth lies ahead for the rest of the year. “The COVID-19 disease has significantly affected the economy as well as the construction industry, especially the tourism and resort real […]

Ho Chi Minh City’s Empire City leaders vow to kick off 88-storey tower in 2020 Work is to start in 2020 on the basement level of a 88-storey tower complex in Ho Chi Minh City, the landmark building in the Empire City project, with many outstanding obstacles are on the way to finally being cleared. […]

Phuong Mai Wind Power JSC selects GE Renewable Energy for its first wind project in Vietnam GE (NYSE: GE) has signed a contract with Phuong Mai Wind Power JSC, a Special Purpose Vehicle entity jointly invested by Truong Thanh Development and Construction Investment Joint Stock Company (DECONNIN JSC) and Hanoi Construction – Industrial Investment JSC […]

Vietnam’s second-home segment on the rise Kenneth Atkinson, founder and senior board adviser at Grant Thornton Vietnam, shares with Bich Ngoc his opinion on the future for Vietnam’s second home market. Vietnam has been one of the top-performing inbound tourism markets over the last few years. In January, the country received just under 2 million […]