Contract signed to start feasibility study for Vietnam’s Long Thanh airport

Contract signed to start feasibility study for Vietnam’s Long Thanh airport June 02, 2018 Hanoi (VNA) – The Airports Corporation of Vietnam (ACV) on June 2 signed a contract with a joint venture comprising of firms from Japan, France and Vietnam (JFV) for consultancy services and the feasibility study for the first phase of Long […]

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B Grimm puts cash behind biggest solar plant in region

B Grimm puts cash behind biggest solar plant in region B GRIMM Power Plc plans to sign a joint venture agreement with Vietnamese conglomerate Xuan Cau Co Ltd for the development in that country of Southeast Asia’s biggest solar energy plant. B Grimm Power president Preeyanart Soontornwata said the total investment for the plant – […]

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Dusit International opens its first hotel in Vietnam

Dusit International opens its first hotel in Vietnam Dusit International, one of Thailand’s foremost hotel and property development companies, has officially made its Vietnam debut with the opening of Dusit Princess Moonrise Beach Resort on the country’s largest island, Phu Quoc. Operating under Dusit’s upper midscale Dusit Princess brand, the new resort marked its soft […]

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IHG looks east in Thailand, signs eight hotels at one go

IHG looks east in Thailand, signs eight hotels at one go Thailand’s eastern seaboard, largely perceived as a big industrial zone barely a few years ago, is now emerging as a much-touted business, investment and tourist destination, driven by the Thai government’s strong push for the Eastern Economic Corridor (EEC) to connect with China’s One […]

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Thailand’s Gulf Energy plans $3.7 billion investment over six years

Thailand’s Gulf Energy plans $3.7 billion investment over six years BANGKOK (Reuters) – Thailand’s third largest power producer, Gulf Energy Development Pcl , plans to invest 120 billion baht ($3.73 billion) over the next six years to double its generating capacity by 2024, a top executive said on Friday. Gulf Energy is targetting annual revenue […]

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GS E&C’s new city project back on track in Vietnam, stock at 52-week high

GS E&C’s new city project back on track in Vietnam, stock at 52-week high South Korea’s GS Engineering & Construction Corp. said on Monday it expects to resume the construction to build a new city in Nha Be, Ho Chi Minh City late this year after Vietnamese authorities finally cleared hurdles related to compensation for […]

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Construction booms in Cambodia but salaries fall behind

Construction booms in Cambodia but salaries fall behind The government says wages for unskilled construction workers are rising in line with the building boom, but ask any labourer and you’ll hear otherwise WAGES for low-level workers in construction are not keeping pace with the building boom despite official government statistics suggesting they are ahead of […]

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Vietnam building more power plants as economic growth accelerates

Vietnam building more power plants as economic growth accelerates 26 April 2018 * PV Power allowed to develop two power plants in Dong Nai province at total cost of nearly $1.5 billion * PV Power plants to start generating in 2020-2021 * Sembcorp Industries unit in deal to build 750-MW power plant in Quang Ngai […]

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Thai builder WHA Corp eyeing 20% revenue growth

Thai builder WHA Corp eyeing 20% revenue growth May 04, 2018 WHA Corp, Thailand’s top industrial estate and warehouse developer, targets a 20 per cent revenue growth this year on higher government spending on infrastructure, foreign investment and a growing e-commerce market, its chief executive said on Wednesday. The company is also set to benefit […]

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Dusit International to debut in Thailand with Phu Quoc property

Dusit International to debut in Thailand with Phu Quoc property 03 May 2018 Dusit International will make its Vietnam debut this month with the opening of Dusit Princess Moonrise Beach Resort on the country’s largest island, Phu Quoc. Located in the south of Vietnam in the Gulf of Thailand, Phu Quoc is a fast-growing tourist […]

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