“I think there are big opportunities for Vietnam with the climate finance coming available for both adaptation and also for mitigation, by which I mean cleaner energy technologies “

Northern Thai Nguyen province is hitting big economic jackpots thanks to its eye-catching investment achievements.

A US-Vietnamese consortium is to build Vietnam’s biggest thermal power plant in the form of build-operate-transfer (BOT) in the coal-rich northern province of Quang Ninh.

Vietnam is closer to having its own Disneyland-style theme park.Last month, South Fork Development won a licence to build an amusement park and resort complex in Phan Thiet town - a popular tourist destination 300 kilometres north of Ho Chi Minh City. The project has $50 million in registered investment capital, but a company director told Vietnam Investment Review it would cost closer to $1 billion to build the complex during the next five to seven years.

A Singaporean firm is to build two new residential properties in Ho Chi Minh City over the next two years. Keppel Land, which successfully developed Royal Park Sedona Suites serviced apartments in Hanoi and Saigon Centre office building in Ho Chi Minh City, is to build a luxury villa complex and Vietnam’s first “health conscious” development, a combined residential/sport estate.