Tra Vinh calls for $116 mln investment in eco-tourism projects
Tra Vinh is calling for investments of VND2,830 billion ($116 million) in five eco-tourism projects across the Mekong Delta province.
The first is a VND1,700 billion ($69.57 million) eco-tourism complex in the mangrove forest of Ba Dong sea, Duyen Hai township. Covering 368 hectares, the project features hotels, resorts, underwater facilities, recreational facilities, food and beverage services, among others.
The second is the 20-hectare Hang Duong eco-tourism project in My Long Nam town, Cau Ngang district. The VND80 billion ($3.29 million) project includes camping areas, maritime tourism resorts, and others.
These two projects are located in the Dinh An Economic Zone, which can welcome big vessels via Hau River and connect with other popular tourism destinations of Phu Quoc and Con Dao islands via maritime routes as well as tourism routes in the Mekong Subregion countries.
The third is a 50-hectare eco-tourism complex, worth VND250 billion ($10.28 million), in Tan Qui Isle, Cau Ke district. Tan Qui Isle on Hau River is well-known for its green environment, featuring fruit specialities of the Mekong Delta.
The Long Tri Isle eco-tourism complex in Long Duc commune, Tra Vinh town is the fourth project. Covering 50.28 hectares, the VND300 billion ($12.34 million) project features gardens with speciality fruits, food and drink services, and resorts.
The fifth, the 368-hectare Bien Ba Dong tourism complex in Truong Long Hoa commune, Duyen Hai township, has investment capital of VND500 billion ($20.46 million). The project faces the sea in the south, the Ba Dong River in the north and east, and the Duyen Hai power complex in the west.
Wind power turbines will be a distinct attraction of the complex. Most of the project site is being managed by the state, which means land clearance will be easy.
- Read More
Vietnam PM orders construction of 2 LNG-fired power plants to begin in Q2
Vietnamese Prime Minister Pham Minh Chinh has instructed the construction of two LNG-fired power plants in Quang Ninh and Thai Binh provinces to begin in the second quarter of this year.
Energy - Fri, January 3, 2025 | 5:26 pm GMT+7
Apple supplier Luxshare-ICT to invest extra $11.5 mln in central Vietnam
China’s Luxshare-ICT, a supplier of Apple, will invest an additional $11.5 million in Vietnam’s central province of Nghe An, according to a project report.
Industries - Fri, January 3, 2025 | 4:41 pm GMT+7
Vietnam's steel heavyweight Hoa Phat to start operating $3.34 bln factory in 2025
Vietnam’s leading steelmaker Hoa Phat will start operating its VND85 trillion ($3.34 billion) steel plant in the central province of Quang Ngai in 2025.
Companies - Fri, January 3, 2025 | 3:50 pm GMT+7
Vietnam needs 2,400 staff for 2 nuclear power plants, only 460 people trained
Vietnam requires approximately 1,200 staff to operate a 2,000 MW nuclear power plant, or 2,400 are needed for two 2,000 MW nuclear power plants in the central province of Binh Thuan.
Energy - Fri, January 3, 2025 | 12:02 pm GMT+7
Vietnam's steel industry to record profit growth in 2025 on rising domestic demand: broker
Vietnamese steel makers are expected to continue recording positive profit growth in 2025, but at a lower pace, according to leading broker SSI Securities.
Companies - Fri, January 3, 2025 | 11:33 am GMT+7
Central Vietnam province proposes 3,000 MW LNG-fired power plant
Ha Tinh authorities are proposing a 3,000 MW LNG-fired power plant project, Vung Ang 3, to be built in the central Vietnam province.
Energy - Fri, January 3, 2025 | 10:42 am GMT+7
Vietnam’s leading SOEs set low profit targets on market caution
A number of leading state-owned enterprises in Vietnam have revealed cautious profit targets for 2025, with some forecasting a decrease of up to 70% against 2024.
Companies - Fri, January 3, 2025 | 8:30 am GMT+7
Indonesian middle class shrinks for five straight years
The Indonesian middle class has been shrinking over the past five years, the Jakarta Post reported on Tuesday.
Southeast Asia - Thu, January 2, 2025 | 9:18 pm GMT+7
Singapore's economy growth beats expectations
Singapore’s economy grew faster than expected in 2024, surpassing earlier projections, despite a slowdown in the fourth quarter, according to preliminary government data.
Southeast Asia - Thu, January 2, 2025 | 9:07 pm GMT+7
Thailand business mergers triple in 2024
Mergers surged to THB590 billion ($17.2 billion), almost triple the value recorded in 2023, with transport, medical and insurance sectors leading the growth, the Trade Competition Commission of Thailand (TCCT) reported on Wednesday.
Southeast Asia - Thu, January 2, 2025 | 9:03 pm GMT+7
Novaland bonds can be converted to shares at three times market price
Bondholders of a $300 million international bond package of Vietnam’s real estate developer Novaland must pay more than triple the market price to convert their bonds to shares.
Finance - Thu, January 2, 2025 | 6:26 pm GMT+7
Vietnam offers up to 50% of initial investment costs for semiconductor and AI R&D projects
Vietnam’s Investment Support Fund will offer up to 50% of initial investment costs for semiconductors and artificial intelligence (AI) investors with research & development (R&D) projects.
Industries - Thu, January 2, 2025 | 5:56 pm GMT+7
Vietnam's Bac Ninh province receives $1.67 bln FDI
Vietnam’s northern province of Bac Ninh granted 18 investment registration certificates totaling $1.8 billion on Thursday, including $1.67 billion of foreign direct investment.
Industries - Thu, January 2, 2025 | 4:07 pm GMT+7
Thai IP developer NHA okayed to build $41 mln industrial park in central Vietnam
The Vietnamese government has granted in-principle approval to WHA, Thailand's leading industrial park (IP) developer, to build a 183.4-hectare industrial zone in the central province of Nghe An.
Industrial real estate - Thu, January 2, 2025 | 3:20 pm GMT+7
Vietnam's new order growth in Dec slows to three-month low: S&P
The final month of 2024 saw a loss of momentum in the Vietnamese manufacturing sector, as growth of production and new orders slowed, while firms scaled back employment and inventories, according to S&P Global.
Economy - Thu, January 2, 2025 | 2:28 pm GMT+7
Vietnam to prioritize waste-to-energy projects in adjusted power development plan VIII
Vietnam’s Ministry of Industry and Trade has announced plans to maximize support for waste-to-energy project proposals submitted by local governments.
Infrastructure - Thu, January 2, 2025 | 12:37 pm GMT+7