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Long-delayed Metrocity to resume
The Republic of Korea’s GS Engineering and Construction has recently got the green light from the Ho Chi Minh City People’s Committee to resume its Metrocity project in Nha Be district after eight-year delay.
Sunseap solar farm to be kicked off in mid-2018
Sunseap International—a unit of Sunseap Group, Singapore’s leading clean energy provider—expects to kick off the construction of a $150-million solar farm in mid-2018 to put it into commercial operation by June 2019.
Bamboo Airways to try new model in high-stakes local aviation market
While Bamboo Airways is making bold moves in high hopes of taking off in late 2018, there are doubts it could follow in the footsteps of previous losing efforts amid stiffening competition in the potential domestic aviation market.
Vietnam’s largest casino to open gates next year
Macau’s biggest junket operator Suncity Group Holdings Ltd. is undaunted in its ambition to start operating Vietnam’s largest casino in the central province of Quang Nam. The project is expected to be launched next year.
Hatching a smart city after 43 years
After 43 years of liberation and development, Ho Chi Minh City has been steadily transforming itself into a more modern and sustainable city. The next step is to become a smart city in the era of Industry 4.0.
A cashless economy on the horizon
Vietnam is making every effort to promote a cashless economy, with a focus on the development of digital payments so as to reach out to a wider demographic.
Laguna Lang Co receives investment certificate for expansion and casino
Banyan Tree Holdings from Singapore, a leader in hotels, resorts, and luxury apartments in the Asia-Pacific region, has been granted an investment certificate to increase its total investment capital at Laguna Lang Co integrated resort to US$2 billion.
Vietnamese retailers prepare for e-commerce landfall
The landfall of foreign e-commerce giants arriving to Vietnam is not only a threat for traditional retailers but also an opportunity to streamline and improve their operation methods.
Import-export firms fear possible rise in terminal handling charge
Import-export businesses in Vietnam are worrying about a possible increase in terminal handling charges by shipping lines, which would decrease their competitiveness.
PV Power to take over Nhon Trach 3 and 4 thermal power plants
PetroVietnam Power Corporation (PV Power), Vietnam’s second largest electricity producer, will replace PetroVietnam as the investor of Nhon Trach 3 and 4 thermal power plants located in Ong Keo Industrial Zone (IZ) in the southern province of Dong Nai.