The Suez Canal blockage and persistently high logistics costs in the beginning months of the year have greatly affected import-export activities, prompting the need for solutions to reduce logistics costs in order to facilitate import-export activities. Removing bottlenecks in transport infrastructure and devising policy mechanisms are important solutions to help cut logistics costs Causes for […]
Read MoreNguyen Tam Tien, general director of Trungnam Group, affirms that the company has enough resources to build and operate renewable energy projects. Trungnam Group has sold stakes in two renewable energy power plant projects in Ninh Thuan province only within a short time. The group signed a deal to sell a 35.1 per cent stake […]
Read MoreIt is ADB’s first financing of a wind power project in Vietnam, comprising a $35 million A loan directly funded by ADB and an $81 million syndicated B loan. illustration ( source : internet ) The Asian Development Bank (ADB) has signed a $116 million green loan with Lien Lap Wind Power Joint Stock Company (Lien Lap), […]
Read MoreREE expands its footprint in renewable energy, it is looking for long-term US dollar-based financing that is not readily available in the local market. IFC is providing $57 million to Thuan Binh Wind Power Joint Stock Company (TBW), a subsidiary of Refrigeration Electrical Engineering Corporation (REE). This will enable the construction of two onshore wind […]
Read MoreThe ground-breaking ceremony of a pilot model of solar power at sea has been held in Vietnam. This is considered as the first project in Vietnam to exploit solar power at sea. illustration ( Source : solartribune.com ) Saigon Construction and Investment Real Estate Joint Stock Company (SCTI) cooperated with companies like Long Tech, Huawei, […]
Read MoreYokohama, Japan－JGC Holdings Corporation (Representative Director, Chairman and Chief Executive Officer: Masayuki Sato) announces that JGC Corporation, together with its local subsidiary JGC Vietnam, have been awarded the EPC contract of a solid dosage facility by Ha Tay Pharmaceutical Joint Stock Company in February 2021. The construction site is located in Thach That District, Hanoi […]
Read MoreThe current situation is showing that the race between contractors on the way to conquer the investor is gradually becoming tougher than ever. The factor that has increased the drama is not strange when it comes from competing bidding costs between construction units. This can be easily explained because everyone wants to find a firm […]
Read MoreSocio-Economic overview Q1.2021 Despite complicated pandemic worldwide, Vietnam’s index of industrial production and value of import-export goods increased sharply over the same period last year. A series of projects developing industrial parks and industrial clusters are proposed and approved for investment policy in the first quarter of 2021. The boom in industrial infrastructure development shows […]
Read MoreThe government has asked steelmakers to implement several steps to control rising steel prices that are hurting construction contractors. Deputy Prime Minister Le Minh Khai has asked the Ministry of Industry and Trade to push for increased domestic steel production towards stabilizing prices. Steel production in Q1 reached 7.6 million tons, a year-on-year increase of […]
Read MoreA delegation led by Ambassador of the Republic of Korea (RoK) to Vietnam, Park Noh-wan, paid a visit to the northern mountainous province of Tuyen Quang on May 11. At the working session (Photo: VNA) A delegation led by Ambassador of the Republic of Korea (RoK) to Vietnam, Park Noh-wan, paid a visit to the […]
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