Vietnam News
EGCO readies Bt30 bn for overseas push; sees limited growth opportunity in Thailand power business 1 March 2019 ELECTRICITY Generation Plc (EGCO) has allocated an investment budget of around Bt30 billion for three overseas projects under construction, aside from any possible further funding related to the acquisition of the Paju power plant in South Korea. […]
Continue ReadingItochu joins Charoen Pokphand Group to build Magnolia Quality Development 39-storey Bangkok tower 28 February 2019 Japanese trading house Itochu Corp and Charoen Pokphand Group will develop a premium condominium tower in central Bangkok targeting the affluent. For the ¥33-billion (9.39-billion-baht) project, Itochu will build a 39-storey tower comprising 553 units with Magnolia Quality Development […]
Continue Reading
The Hot New Market for Luxury Property Is Vietnam 19 February 2019 High-end condo prices in Ho Chi Minh City rose 17% in 2018 About 25% of all units sold in Ho Chi Minh City are Novaland’s The Grand Manhattan embraces the latest in New York living. The 39-story development will house apartments, a hotel, […]
Continue Reading
Cambodia’s 100 MW National Solar Park project moves forward The Asian Development Bank, which is backing the plant, is seeking project consultants. If built, the solar park would improve the country’s limited power supply and bring technical benefits to the national grid. 12 February 2019 The Asian Development Bank (ADB) is moving forward with implementation […]
Continue Reading
Ascott Celebrates the Grand Opening of Somerset Maison Asoke Bangkok 13 February 2019 CapitaLand’s wholly-owned lodging business unit, The Ascott Limited in Thailand celebrates the grand opening of Somerset Maison Asoke Bangkok in an evening of glitz and glamour. Themed “An Evening of Timeless Elegance”, the event was held at the property’s own Blend Bistro […]
Continue Reading
Cambodia declared the cheapest country to retire in 2019 International Living, a magazine that focuses on the best places to live and invest, named Cambodia the cheapest place to retire in 2019. The Kingdom came first this year in the cost of living category in the publication’s Annual Global Retirement Index. Earning full marks in […]
Continue Reading
BCPG sets massive wind power goal in Asia-Pacific during 2019-23 1,000MW sought regionwide by 2023 25 January 2019 SET-listed BCPG Plc, the power business arm of Bangchak Corporation Plc, wants to add 1,000 megawatts through wind power projects in Asia-Pacific during 2019-23. “BCPG’s wind power expansion is set to comprise 70% of its budget allocation […]
Continue Reading
Vienna House to open its first Asia hotel in Vung Tau, Vietnam 22 January 2019 Austrian hotel chain Vienna House says it wants to expand to Southeast Asia, with properties planned for Vietnam, Thailand and Indonesia. The brand, which operates nearly 40 hotels in Europe, today announced it would open a five-star hotel in Vietnam […]
Continue ReadingWhat holds back Myanmar’s development? 16 January 2019 With the progress of China-Myanmar relations, the resumption of the Myitsone Dam project in northern Myanmar can be placed on the agenda of both parties. The Myitsone Dam is a hurdle in the way of China-Myanmar relations and an obstacle to Myanmar’s economic development and attracting foreign […]
Continue Reading
Vietnam revives $58bn high-speed north-south rail project despite cost hurdle Hanoi seeks funding plan for north-south line serving economy and unity 16 January 2019 Vietnam has resurrected a high-speed rail project intended to link the country’s north and south, but the fiscal concerns that killed the proposal earlier this decade continue to haunt government efforts […]
Continue Reading