Vietnam faces dearth of high-quality office space: analysts
As Vietnam braces for regional competition for foreign investment, a chronic deficit in high-quality office supply may be further aggravated. Will this open investment opportunities? Analysts from consultancy Avison Young provide an insight into the issue.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
Millions of industrial park workers in need of housing
Vietnam currently employs around 4.5 million workers at its industrial parks, and around half of them are in need of accommodation, equivalent to 12.5 million square meters of housing, according to property consultancy Savills.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam government asks for end to power shortages in June
Vietnam’s Ministry of Industry and Trade, the Commission for the Management of State Capital at Enterprises, Vietnam Electricity (EVN), and Petrovietnam have been requested to resolve current power shortages in June.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam coal group to increase supply for thermal power plants
Vietnam’s national mining group Vinacomin will supply almost 18.7 million tons of coal in the second half of this year for thermal power plants in the country to help ease electricity shortages, its CEO Dang Thanh Hai said.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
EuroCham proposes solutions for Vietnam’s ongoing power shortages
The European Chamber of Commerce in Vietnam has urged the Ministry of Industry and Trade to concentrate on renewable energy projects to develop a diversified energy portfolio that can withstand various climate conditions.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Electricity wants gas for power generation to minimize shortage
State utility Vietnam Electricity (EVN) has asked Petrovietnam's two leading fertilizer subsidiaries, Phu My and Ca Mau, to provide gas for electricity generation instead of producing fertilizers and chemicals to minimize power shortage in May and June.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Just 100 of 17,000 gas stations shuttered: trade ministry downplays gasoline shortage
The Ministry of Industry and Trade asserted Monday that a shortage of gasoline has been recorded at only 100 out of the country’s 17,000 stations, and inventories can basically meet domestic demand.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Northern Vietnam short of industrial land as demand rises
Vietnam's northern region will see a shortage of industrial land in the second half of this year as demand exceeds supply, while the situation will be more balanced in the south, according to real estate consultancy Cushman & Wakefield.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Electricity shortage looms as key power projects delayed
Difficulties are likely to linger despite Vietnam’s electricity supply efforts as new slow-moving power generation sources cannot match increasing demand, said an industry report.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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- Editor’s Picks
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No offshore wind projects in Vietnam until 2028: global council
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Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
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Techcombank plans 10% stake issue to foreign strategic investors
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Vietnam needs to build more highways: logistics firm exec
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Vietnam central bank pumps cash to save troubled lender SCB