Vietnam News
Why Ho Chi Minh City’s residential market will prove to be a sustainable investment. Just months after the liberalisation of Vietnam’s Housing Law on 1 July 2015, allowing for foreign property ownership, the majority of foreign buyers have yet to consider Vietnam as a property investment destination. Such muted response in a market highly rated […]
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Vietnamese Nguyen Thi Phuong Thao made her first million at 21 trading fax machines and latex rubber. Almost a quarter of a century later, she’s poised to become South-East Asia’s first self-made woman billionaire known for putting bikini-clad models on her VietJet Aviation Joint Stock planes and calendars. With the initial public offering of Vietnam’s […]
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There’s a new candidate for the next tallest building in the region, to be located on a multimillion riverside development in Phnom Penh, Realestate.com.kh reported. Local authorities including the Department of Land Management Urban Planning and Construction, and the Phnom Penh government recently approved a revised plan to erect the building by 2019 in what […]
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The capital of Laos is a low-rise, low-key city, especially when compared with the hulking high-rises and bustling streets of better-known Southeast Asian cities such as Bangkok, Kuala Lumpur and Singapore. But this once-sleepy city is fast shedding its sedate reputation due to a building boom ahead of international summits that will bring U.S. President […]
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British architect Atkins has started work on a 460-metre-high skyscraper in Ho Chi Minh City, which is set to become the tallest building in Vietnam on completion. Located on the banks of the Saigon River, the 81-storey mixed-use tower by local developers Vingroup will claim the title from the 345-metre Landmark 72 in Hanoi. The […]
Continue ReadingState-owned Vietnam Oil and Gas Group (PetroVietnam) is planning to build a natural gas processing plant in Quang Nam Province’s Nui Thanh District in the south central Vietnam as part of a $3.8 billion project, a local media reported Tuesday. Construction of the natural gas processing plant, which will occupy 2,471 acres (1,000 hectares) in […]
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Singapore has become Vietnam’s leading investment partner after investing more than US$36 billion in numerous local projects, including processing, technology, manufacturing, real estate, construction, transportation, and storage. According to statistics provided by Vietnam’s Foreign Investment Agency, Singapore-based firms implemented 30 new projects and increased investment levels in six existing projects in the first two months […]
Continue ReadingBy John Draper, Peerasit Kamnuansilpa Doubts over financing, speed and who operates the line are NCPO The vision behind China’s Trans-Asia Railway is breathtaking and seeks to re-establish the classical Silk Road in a re-imagined Silk Road Economic Belt. It would bring Bangkok into direct contact with the economic powerhouse of Chengdu, capital of Szechuan […]
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The top countries where expats adjust quickest are Bahrain, Malaysia and Mexico, according to newly-released data. Two thirds of those (66 per cent) moving to Bahrain feel at home within a year, making it the most welcoming place in the world according to a survey by HSBC Expat. Although the Foreign Office warns Britons in […]
Continue ReadingState Railway of Thailand calls for foreign-Thai JVs FOREIGN CONSTRUCTION companies are welcome to join the government’s infrastructure projects as long as they find a Thai partner, according to the State Railway of Thailand. SRT governor Wuthichart Kalyanamitra said yesterday that the authority was not preventing foreign firms from participating in the bidding for construction […]
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