Keppel expands energy-as-a-service presence in Vietnam

Keppel expands energy-as-a-service presence in Vietnam

Singapore-headquartered conglomerate Keppel has reached an in-principle agreement with local firm KDI Holdings for the former to provide energy-as-a-service (EaaS) solutions to Libera Nha Trang, a major real estate complex in Vietnam's central province of Khanh Hoa.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Khanh Hoa real estate perks up after province makes plans

Khanh Hoa real estate perks up after province makes plans

An uptick in transactions as well as investors completing procedures for new projects indicate that the Khanh Hoa property market has responded positively to several schemes announced by provincial authorities.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

China’s largest travel firm plans three duty-free shops in Vietnam

China’s largest travel firm plans three duty-free shops in Vietnam

China Duty Free (CDF), under China’s largest state-owned tourism enterprise China Tourism (CTG), has sealed a memorandum of understanding with Vietnam’s multi-sector corporation Imex Pan Pacific Group (IPPG) to open three duty-free shops in the Southeast Asian nation.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Sun Group subsidiaries plan $1.6 bln urban area project in central Vietnam

Sun Group subsidiaries plan $1.6 bln urban area project in central Vietnam

A joint venture between two subsidiaries of Sun Group, a leading Vietnamese property developer, are looking to build a VND39.3 trillion ($1.6 billion) urban area in the south-central province of Khanh Hoa.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Sumitomo-invested $2.58 bln thermal power plant in central Vietnam inaugurated

Sumitomo-invested $2.58 bln thermal power plant in central Vietnam inaugurated

Van Phong Power Company, a wholly-owned subsidiary of Japanese keiretsu Sumitomo, inaugurated the 1,432 MW Van Phong 1 coal-fired power plant in Vietnam’s central province of Khanh Hoa on Wednesday.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

New urban area fresh growth impetus for Khanh Hoa province: Deputy PM

New urban area fresh growth impetus for Khanh Hoa province: Deputy PM

A master plan for the Cam Lam urban area will create new space and motivation for Khanh Hoa province to develop quickly and sustainably, said Deputy Prime Minister Tran Hong Ha.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

$13 bln needed to build Khanh Hoa province’s Cam Lam new urban area

$13 bln needed to build Khanh Hoa province’s Cam Lam new urban area

The south-central province of Khanh Hoa is in need of VND320 trillion ($13 billion) to develop infrastructure for the Cam Lam new urban area by 2045.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Central Vietnam coastal province seeks hi-tech investments in economic zone

Central Vietnam coastal province seeks hi-tech investments in economic zone

The central coastal province of Khanh Hoa, famous for beach town Nha Trang, has adopted an investment promotion plan that includes high-tech investments for the Van Phong Economic Zone (EZ).

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Korea's Hanwha Energy divests from two solar power projects in Vietnam

Korea's Hanwha Energy divests from two solar power projects in Vietnam

Hanwha Energy Corporation Singapore Pte., Ltd - a member of South Korea’s Hanwha Group - in April-May 2023 lowered its ownership ratio in the KN Cam Lam and Cam Lam Solar power plant projects in the central province of Khanh Hoa from 70% to 19%.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Van Phong economic zone expected to lure $2 bln once subdivision plans approved

Van Phong economic zone expected to lure $2 bln once subdivision plans approved

Van Phong Economic Zone in the south-central province of Khanh Hoa is expected to lure VND30-50 trillion ($1.22-2.04 billion) after its subdivision plans are approved, said the economic zone’s authority.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vinhomes commences construction of Vietnam’s biggest social housing project

Vinhomes commences construction of Vietnam’s biggest social housing project

Real estate major Vinhomes on Thursday started construction on Vietnam's biggest ever social housing project in Khanh Hoa province.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Sumitomo-invested 1,432 MW thermal power plant approved for full operation

Sumitomo-invested 1,432 MW thermal power plant approved for full operation

The 1,432 MW Van Phong 1 coal-fired power plant, invested by Japan’s Sumitomo Corporation, was approved for full commercial operation last week after Deputy Minister of Construction Bui Xuan Dung gave the green light for its second turbine.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam-Singapore joint venture plans industrial parks in Dong Nai, Khanh Hoa provinces

Vietnam-Singapore joint venture plans industrial parks in Dong Nai, Khanh Hoa provinces

Vietnam-Singapore Industrial Park J.V. Co. Ltd. (VSIP), a joint venture between Vietnam’s real estate developer Becamex and Singapore’s Sembcorp, plans projects in Dong Nai and Khanh Hoa provinces.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Investors worried about 'losing' projects due to adjusted Nha Trang planning

Investors worried about 'losing' projects due to adjusted Nha Trang planning

Businesses are worried about "losing" projects that they have poured millions of U.S. dollars into because they go outside the new planning of Nha Trang town, Khanh Hoa province, south-central Vietnam.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Former Khanh Hoa province leaders sentenced for 'golden' land violations

Former Khanh Hoa province leaders sentenced for 'golden' land violations

Former chairmen of Khanh Hoa province Nguyen Chien Thang and Le Duc Vinh have been sentenced for a third time over violations committed while allocating land to businesses, causing loss of state assets.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

Khanh Hoa province to build $288 mln Van Phong airport

Khanh Hoa province to build $288 mln Van Phong airport

Van Phong Airport in the south-central province of Khanh Hoa will be built at a cost of nearly VND7 trillion ($288.4 million), with an annual capacity of 2.5 million passengers and nine aprons by 2030.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Khanh Hoa province attracts $4.16 bln in 2023 investments, mega projects dominate

Khanh Hoa province attracts $4.16 bln in 2023 investments, mega projects dominate

Khanh Hoa province in central Vietnam has attracted 17 non-state budget investment projects worth nearly VND101 trillion ($4.16 billion) so far this year, with the bulk of it coming from four mega projects.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Deputy PM urges proposal for expressway connecting Lam Dong, Khanh Hoa provinces

Deputy PM urges proposal for expressway connecting Lam Dong, Khanh Hoa provinces

The Vietnamese provinces of Lam Dong and Khanh Hoa should ask the Prime Minister to consider approving the construction of the Nha Trang-Lien Khuong Expressway linking the neighboring provinces, said Deputy Prime Minister Tran Hong Ha on Tuesday.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Russia’s TAIF eyes petrochemical plant investment in central Vietnam

Russia’s TAIF eyes petrochemical plant investment in central Vietnam

TAIF, a major petrochemicals and energy player in Russia, has shown interest in investing in a petrochemical plant in Vietnam’s central coastal province of Khanh Hoa.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

S Korean biotech firm, Vietnam’s Pasteur Institute plan $11 mln primate farm

S Korean biotech firm, Vietnam’s Pasteur Institute plan $11 mln primate farm

Eco & Tech Co. Ltd., a South Korean provider of biotech solutions, will cooperate with Khanh Hoa province to build a $11-million primate farm for research purposes.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietcombank loans $140 mln to Vietnam’s biggest coal-fired power plant

Vietcombank loans $140 mln to Vietnam’s biggest coal-fired power plant

The Khanh Hoa province branch of Vietcombank, the largest lender by market valuation, has signed a short-term credit agreement of $140 million with Van Phong Power Company Limited, the operator of the Van Phong 1 power plant.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Resort real estate investment flows into Cam Ranh beach town

Resort real estate investment flows into Cam Ranh beach town

Resort real estate investors are gradually diverting their appetite from the world famous tourist destination Nha Trang to Cam Ranh town, both in the south-central province of Khanh Hoa, due to the latter's large potential to tap.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s Ana Mandara Cam Ranh Asia's leading new resort

Vietnam’s Ana Mandara Cam Ranh Asia's leading new resort

The Ana Mandara Cam Ranh resort in central Vietnam has clinched the prestigious Asia’s Leading New Resort 2023 award with its firm dedication to “exceptional service quality and unrivalled hospitality.”

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Local firm Khatoco inaugurates $24 mln tobacco plant in central Vietnam

Local firm Khatoco inaugurates $24 mln tobacco plant in central Vietnam

Khanh Viet Corporation (Khatoco), a multi-sector state-owned enterprise in Vietnam, has inaugurated a VND581 billion ($24.1 million) tobacco factory in the central province of Khanh Hoa.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Khanh Hoa province appoints new planning & investment chief

Khanh Hoa province appoints new planning & investment chief

Chau Ngo Anh Nhan was appointed director of Khanh Hoa province's Department of Planning and Investment on Tuesday for a five-year term.

Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hyundai Vietnam shipbuilder gets $140 mln order for two petrochemical carriers

Hyundai Vietnam shipbuilder gets $140 mln order for two petrochemical carriers

The Hyundai Vietnam Shipbuilding Company will build two petrochemical carriers for its parent company HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) for delivery by June 2026.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

S Korea shipbuilders bank on Vietnam as nations plan to double two-way trade

S Korea shipbuilders bank on Vietnam as nations plan to double two-way trade

Major South Korean shipbuilders Hanwha Ocean and HD Hyundai are eyeing fresh energy from Vietnam as the two countries seek to double bilateral trade by 2030 to $150 billion.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Major firms eye investment in 27 projects in Khanh Hoa province

Major firms eye investment in 27 projects in Khanh Hoa province

Many large firms have expressed an interest in investing in 27 projects in Khanh Hoa province, an economic hub in south-central Vietnam.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Khanh Hoa province approves 4 subdivisions in Van Phong economic zone

Khanh Hoa province approves 4 subdivisions in Van Phong economic zone

Authorities in Khanh Hoa province in south-central Vietnam have approved plans for four subdivisions in the Van Phong Economic Zone in Van Ninh district with a total area of nearly 29,000 hectares.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Consortium to invest $3.6 bln in Cam Ranh Bay urban area

Consortium to invest $3.6 bln in Cam Ranh Bay urban area

A consortium led by Cam Ranh Investment JSC, Vinhomes, and VinES Energy Solutions has been named the only investor that meets the preliminary requirements regarding capacity and experience to implement a mega urban area project by Cam Ranh Bay in the south-central province of Khanh Hoa.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam shipbuilding sector comes of age

Vietnam shipbuilding sector comes of age

Vietnam's shipbuilding industry is developing rapidly with facilities built for companies from Europe and South Korea, among others.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Khanh Hoa lays out timetable for mega projects

Khanh Hoa lays out timetable for mega projects

Khanh Hoa province in south-central Vietnam plans to select investors for a series of mega projects, said deputy director of the provincial Department of Planning and Investment Chau Ngo Anh Nhan.

Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietravel Airlines launches flights to Macau from Danang, Cam Ranh

Vietravel Airlines launches flights to Macau from Danang, Cam Ranh

Vietravel Airlines, Vietnam’s first carrier operated by a travel agency, has launched two direct services connecting Danang and Cam Ranh, popular beach tourist hubs in central Vietnam, with the world's biggest gambling hub Macau.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Khanh Hoa province fishes for more investments in seaculture

Khanh Hoa province fishes for more investments in seaculture

In alignment with the country's strategic orientation of developing a sea-based economy and boosting fisheries exports, Vietnam’s central coastal province of Khanh Hoa is soliciting investments in seaculture.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Cloud hunting idea from 5-star Cam Ranh Riviera resort

Cloud hunting idea from 5-star Cam Ranh Riviera resort

In the fall - the most beautiful season of the year, the five-star Cam Ranh Riviera Beach Resort & Spa in the south-central province of Khanh Hoa offers visitors the chance to go cloud hunting and visit Ta Gu Waterfall on Khanh Son Plateau, dubbed the second Da Lat with a four-season climate in a single day.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7