News
Energy giant PTT upbeat on Trump's oil pipeline plan revival
U.S. President Donald Trump’s decision to revive plans for the controversial Keystone XL oil pipeline could spur Thai energy giant PTT to resume development of an oil sands project in the Canadian province of Alberta, the state-owned company’s chief executive said Wednesday. Just after taking ...
Peninsula chain adds carefully chosen links in Myanmar, elsewhere
As it expands into Myanmar and Turkey, the operator of the Peninsula hotel chain is sticking with its signature formula of opening in the best of the best locations. The Peninsula Yangon will form a key part of a broader redevelopment project around the historic ...
Mooted Yangon expansion plans revived
Yangon Region Chief Minister U Phyo Min Thein said that the regional government will launch the Yangon New City project in Kyeemyindaing township, but firms involved in the Yangon Southwest New City were not informed about the new plan. A similar plan was initiated by the ...
US$1 billion in fresh investments pledged in Nghe An
Nghe An authorities presented eight investment certificates and signed 15 memorandums on investment with total capital pledges of US$1 billion at a meeting with investors in the north-central province on February 19. This annual event was held by Nghe An in coordination with the Bank ...
Exports prioritised to meet trade target
According to official figures from the Ministry of Commerce, trade volume reached US$23 billion until the end of January in this fiscal year. The ministry has set the target trade volume to be $31 billion, therefore the ministry will continue trying to achieve its target ...
Vietnam wants to develop high-tech wind power plants
Renewable energy, especially wind power, is believed to be the solution to Vietnam’s increasingly high demand for power. Fifty wind power projects have been registered in Vietnam so far, but only four of them, with the total capacity of 159.2 MW, have been put into commercial ...
Mekong Delta stores water to prevent saline intrusion in dry season
The volume of freshwater on canals in the Mekong Delta has decreased quickly, while saline intrusion has begun in many areas. Kien Giang has 200 kilometers of coastline. The sea is only several kilometers from production areas and the province’s central areas such as Rach Gia ...
Some business fields to face big challenges in 2017
The severe weather conditions in the first months of 2016 with drought and saline intrusion dealt a strong blow on Vietnam’s agriculture, leading to minus growth rate of the sector in the first half of the year. Agricultural production, which has just recovered from the damage ...
The real cost of Thailand scrapping its sugar subsidy program
Thailand is ending its sugar subsidy programme after complaints that it dragged down global sugar prices. But both rural farmers and the ruling junta could suffer from the decision. The Thai government has announced that it will end its programme subsidising its sugar industry nearly a ...
Hitachi sets up elevator engineer training hub in Chon Buri
Hitachi Ltd and Hitachi Building Systems Company on February 22 announced the official launch of the Asia Training Centre in Chon Buri province for engineers involved in the elevator and escalator business. The training centre, which is Hitachi’s first outside Japan, started soft operations last month, ...
