Central Vietnam province eyes seaport infrastructure as catalyst for investment attraction

Central Vietnam province eyes seaport infrastructure as catalyst for investment attraction

Vietnam’s central coastal province of Thua Thien-Hue is increasingly becoming a promising land for seaport infrastructure investors, thanks to the enormous potential of its marine system and coastal lagoons.

Infrastructure - Sat, May 18, 2024 | 9:44 am

Binh Dinh province to build more industrial parks, clusters

Binh Dinh province to build more industrial parks, clusters

Vietnam's south-central province of Binh Dinh is calling for investment in industrial parks and clusters and improving infrastructure to lure investors, especially those using clean and advanced technology.

Infrastructure - Mon, May 6, 2024 | 4:44 pm

Microsoft to open new data center in Thailand

Microsoft to open new data center in Thailand

Microsoft Chairman and Chief Executive Officer Satya Nadella on Wednesday announced significant commitments to build new cloud and artificial intelligence (AI) infrastructure in Thailand, provide AI skilling opportunities for over 100,000 people, and support the nation’s growing developer community.

Southeast Asia - Thu, May 2, 2024 | 8:28 am

Key infrastructure projects face site clearance issues, material shortages

Key infrastructure projects face site clearance issues, material shortages

Progress of the Long Thanh international airport project and component projects for the North-South Expressway’s eastern section in the 2021-2025 period is being held back by uneven site clearance and material shortages.

Infrastructure - Thu, May 2, 2024 | 3:35 pm

Ninh Thuan grants investment certificates to 7 manufacturing, energy, infrastructure projects

Ninh Thuan grants investment certificates to 7 manufacturing, energy, infrastructure projects

The south-central province of Ninh Thuan has awarded seven investment registration certificates to projects in the fields of manufacturing, energy, and infrastructure, with total registered capital of VND4.88 trillion ($192.54 million).

Industries - Tue, April 30, 2024 | 10:33 am

Construction firm Lizen to focus on transport infrastructure, suspend some renewables projects

Construction firm Lizen to focus on transport infrastructure, suspend some renewables projects

With real estate market remaining sluggish and renewable energy policies yet to be finalized, construction firm Lizen has decided to focus on transport infrastructure and electrical engineering.

Companies - Mon, April 29, 2024 | 10:39 pm

Improved business environment, infrastructure can help Vietnam’s growth reach 6.5%: IMF

Improved business environment, infrastructure can help Vietnam’s growth reach 6.5%: IMF

Improving the business environment and infrastructure can help Vietnam secure economic growth of 6.5% over the medium term, said Krishna Srinivasan, director of the International Monetary Fund's (IMF) Asia and Pacific Department.

Economy - Fri, April 19, 2024 | 9:32 pm

Localities review projects related to troubled contractor Thuan An Group

Localities review projects related to troubled contractor Thuan An Group

The people's committees of Quang Nam, Phu Yen, and Dak Lak provinces have ordered a review of investment projects in their localities related to troubled infrastructure builder Thuan An Group JSC.

Economy - Wed, April 17, 2024 | 11:07 am

Renewable energy - leading solution to climate change mitigation in ASEAN

Renewable energy - leading solution to climate change mitigation in ASEAN

Investing in renewable energy sources is as a palliative measure for ASEAN to mitigate climate change, according to vice president of Infrastructure Solutions at Malaysian-based Vertiv Chee Hoe Ling.

Southeast Asia - Mon, April 8, 2024 | 9:04 pm

Transport heavyweight Deo Ca estimates Q1 profit up 33%

Transport heavyweight Deo Ca estimates Q1 profit up 33%

Deo Ca Transport Infrastructure Investment JSC, a subsidiary of “tunnel king” Deo Ca Group, expects its revenues and profit in the first quarter of 2024 to reach VND674 billion ($26.8 million) and VND109 billion ($4.34 million), up 25% and 33% year-on-year, respectively.

Companies - Fri, April 5, 2024 | 9:52 am

Danish energy fund CIP’s $10.5 bln wind power project to create 45,000 jobs in Vietnam

Danish energy fund CIP’s $10.5 bln wind power project to create 45,000 jobs in Vietnam

Denmark’s Copenhagen Infrastructure Partners (CIP) plans to invest $10.5 billion in a 3.5 GW offshore wind power project in Vietnam’s central province of Binh Thuan, creating 45,000 full-time equivalent jobs.

Energy - Sat, March 30, 2024 | 4:30 pm

Priority areas in Australia’s Northern Territory

Priority areas in Australia’s Northern Territory

Australia’s Northern Territory government is working hard to make the economy stronger and more diverse through a range of initiatives, including the Population Growth Strategy, the Economic Development Framework, the Infrastructure Strategy, and target stimulus programs.

Industries - Mon, March 25, 2024 | 8:12 am

Australia’s Northern Territory - a land of great potential

Australia’s Northern Territory - a land of great potential

Australia’s Northern Territory is a land rich in resources, with many favorable conditions for the development of agriculture and tourism. It possesses huge untapped potential, and has high demand for labor and construction materials for infrastructure development.

Industries - Sat, March 23, 2024 | 7:45 am

Vietnam's data center infrastructure still in its infancy: Cushman & Wakefield

Vietnam's data center infrastructure still in its infancy: Cushman & Wakefield

Despite possessing many advantages, Vietnam is the place with the biggest shortage of data center infrastructure globally in terms of population, write Cushman & Wakefield analysts.

Consulting - Sun, March 17, 2024 | 7:59 pm