A PVN worker points to the Long Phu 1 thermal power plant still under construction. Photo by VnExpress/Hoai Thu.U.S. sanctions have prevented the Russian contractor of a billion-dollar power plant in southern Vietnam from importing materials to complete construction.Around...
Thang Long Industrial Park II in the northern Hung Yen Province. Photo courtesy of Sumitomo.Japanese group Sumitomo plans to spend over JPY19 billion ($176 million) expanding two industrial parks in northern Vietnam.The company will invest over JPY14 billion ($130...
A Vertu New Signature Touch - The Floating Seahorse model being held up. Photo acquired by VnExpress.After a two-year hiatus, British luxury phone maker Vertu has announced resumption of sales at its Ho Chi Minh City store next month.Vertu...
A worker at Vingroup's automobile manufacturing factory in Hai Phong. Photo by VnExpress/Giang Huy.Vingroup and Vietjet Air are among seven Vietnamese companies named in Forbes Asia’s "Best Over A Billion" list.Five other Vietnamese firms in Forbes Asia’s latest listing...
Three wind towers generating electricity among rice fields in the south-central province of Ninh Thuan. Photo by Shutterstock/Nguyen Quang Ngoc Tonkin.Through a subsidiary, Filipino energy giant AboitizPower signed an agreement Friday to acquire Mekong Wind Pte. Ltd. in Vietnam...
Vietnam cityscape view from airplane window. Photo by Shutterstock/Natnan Srisuwan.Tour operator Vietravel’s proposed airline meets conditions to apply for the PM’s investment approval, Vietnam’s aviation authority says.The Civil Aviation Authority of Vietnam (CAAV) has submitted this conclusion to the...
Thien Minh Group also owns Hai Au Aviation JSC, a seaplane airline. Photo courtesy of TMG.Hospitality group Thien Minh is looking to establish an airline that can begin operations next year.The airline, called KiteAir, would be based in the...
A customer selects numbers on their lottery ticket at a street in Ho Chi Minh City. Photo by VnExpress/Phuong Dong.Private lottery firm Vietlott saw its net profits plunge 70 percent to VND64 billion ($2.8 million) in the first half...
A man sails a boat near a cargo ship of Vinalines, Vietnam's largest state-owned shipping firm and port operator. Photo by Reuters/Stringer.Vinalines reported a loss of VND633 billion ($27 million) in H1 after failing to sell loss-making ships whose...
Coteccons was the main contractor for Ho Chi Minh City's Landmark 81 (middle), the highest building in Vietnam. Photo by Shutterstock/David Bokuchava.Korea Investment Management sold most of its stake in construction giant Coteccons after a third straight quarter of...
