Vietnam News
Shanghai Wanfeng Group, the closely held developer of shopping malls in China, reached agreement with the Lao government in December 2011 to develop 365 hectares (2,281 rai; 900 acres) around That Luang Lake into a commercial, residential and tourist complex. Construction began Sunday, according to the Chinese official news agency Xinhua and the company’s website.
Continue ReadingThe Ministry of Transport has announced a plan to construct a bridge between Beungkan province and Laos, in an effort to boost trade and logistics between Thailand and its neighbor. Following a meeting between representatives from the government and private sector, Deputy Permanent Secretary of Transport, Sornsak Sansombat, said a plan to increase bilateral trade, […]
Continue ReadingIn the coming years, the global energy trend will drastically change from the present state, with far-reaching consequences for economic development and global trade. As an energy-dependent country, Thailand will have to live with the new reality of high and volatile energy prices. The new global energy landscape is being redrawn, with the US becoming […]
Continue ReadingShopping shapes up in Phnom Penh With demand for shopping space in Cambodia on the rise and investor interest growing, the Japanese developer Aeon Mall (Cambodia) Co Ltd last week broke ground on the construction of a US$205-million mall in Phnom Penh. The 68,400-square-metre high-end shopping centre, located in Chamkar Mon district next to the […]
Continue ReadingThailand’s Amata B. Grimm Power Group plans to invest over Bt 50 billion (US$1.6 billion) to build 10 more power plants to cope with augmented foreign investment after the launch of the ASEAN Economic Community (AEC) in 2015. The group, a subsidiary of the B. Grimm conglomerate, currently operates three power plants in Amata industrial estate […]
Continue ReadingVientiane – Construction work on a 5-billion-dollar railway linking south-eastern Laos to Vietnam and Thailand is scheduled to begin in January, media reported Wednesday. Giant Consolidated Limited, the Malaysian investor in the project, expects to begin construction in January on the 220-kilometre-long track linking Savannakhet city, on the Lao-Thai border, to Laobao, on the Lao-Vietnamese […]
Continue ReadingThe Cabinet yesterday approved a Bt12-billion budget to build facilities to receive electricity from the Xayaburi Dam, currently undergoing construction in Laos. The facilities, which will be used to obtain, store and relay the electricity, will be built in Loei, Nong Bua Lamphu and Khon Kaen provinces and will be operated by the Electricity Generating […]
Continue ReadingThai City Electric, a manufacturer and distributor of Sharp electrical appliances, plans to invest between Bt500 million and Bt600 million in a new factory to serve both the domestic and export markets. “We plan to relocate our factory out of the 30-rai plot in the King Kaew area of Samut Prakan, which has reached its […]
Continue ReadingA high-speed train project linking southern China, Laos and Thailand could start in 2015 in time for the launch of the Asean Economic Community. Chamaiporn Chuecharoen, the commercial counsellor for Thailand in Kunming, China, said the project envisions a train capable of speeds of 200 kilometres per hour running from Yunnan province to Laos and […]
Continue ReadingApproved by the Government of Vietnam to Vinaca is investor of some the projects in Vietnam and South East Asian zone. The projects have been set up according to Vietnamese laws. On this duties, Vinaca wish to looking for partnerships for issues bonds, financing and constructing the projects as follows: Project: Bridges, Roads, Ports, Urban […]
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