Thailand’s Banpu and its power business arm Banpu Power (BPP) have joined forces to acquire El Wind Mui Dinh, an onshore wind farm in the south-central province of Ninh Thuan, in a deal worth US$66 million.
The Thai-based SCG group on November 8 presented its Sharing the Dream scholarships to 50 high school students in the Mekong Delta province of Long An, its second destination for the activity this year after Ho Chi Minh City.
Thai financial firm Srisawad Corporation is looking to acquire the Finance Leasing Company I (ALC I) of the Vietnam Bank for Agriculture and Rural Development (Agribank) at an estimated cost of 523 billion VND (22.45 million USD).
Credit taken out by Thai Beverage Co Ltd and its affiliates to fund the acquisition of a stake worth US$4.8 billion in Saigon Beer Alcohol Beverage (Sabeco) led Vietnam’s foreign debt to rise sharply in 2017, according to a recent Government report sent to the National Assembly.
The Vietnamese Government has created favorable conditions for Amata to operate in the country in more than 20 years, said Vikrom Kromadit, Chairman of the Thai-based industrial estates group.
Thailand's developer Amata VN Pcl said on May 18 it planned to spend $200 million this year on developing two industrial estates in Vietnam to meet robust demand for investments from foreign investors.
Tostem Thai is among the first Thai companies to relocate its assembly lines to Vietnam in a bid to grasp opportunities to be brought by the ASEAN Economic Community (AEC) once it is formed at the end of the year.
Germany’s Metro AG will stay in Vietnam by launching a new business after it sells its wholesale store chain to a Thai firm.
Thailand-based Absolute Hotel Services (AHS) has taken over the management role in a five-star hotel under the management of Switzerland-headquartered Mövenpick Holding AG in Ho Chi Minh City.
Central Quang Tri province’s People’s Committee and Thailand’s EGAT International Company (EGATi) on July 11 inked a memorandum of understanding (MoU) on cooperation in building a thermal power plant in the locality.