pv power silent about nhon trach 3 and 4 thermal power projects

PV Power silent about Nhon Trach 3 and 4 thermal power projects

It has been 18 months since PV Power completed its equitisation, raising expectations to implement large-scale projects, including Nhon Trach 3 and 4 thermal power plants. However, the date for the construction of these two projects is still uncertain.
fecon consistent with sustainability journey

FECON consistent with sustainability journey

All FECON projects have contributed to gearing Vietnamese infrastructure towards sustainable development.
scandal ridden brazil giant odebrecht seeks bankruptcy protection

Scandal-ridden Brazil giant Odebrecht seeks bankruptcy protection

Scandal-ridden Brazil construction giant Odebrecht, which has admitted to spending nearly US$800 million to bribe officials across Latin America to win contracts, filed for bankruptcy protection on Monday (Jun 17), judicial sources said.
vinfast makes a miracle for automobile industry

VinFast makes a miracle for automobile industry

Yesterday (June 14, 2019), the VinFast automobile manufacture plant was inaugurated after only 21 months of construction, three months earlier than planned.
wwii bomb in central berlin forces evacuation

WWII bomb in central Berlin forces evacuation

An unexploded American aerial bomb from World War II was found in central Berlin during construction work on Friday (Jun 14), forcing the evacuation of surrounding city blocks, police said.
japanese invested gypsum factory built in ba ria vung tau

Japanese-invested gypsum factory built in Ba Ria-Vung Tau

Yoshino Gypsum Vietnam Co., Ltd began construction on a 50 million USD gypsum factory in Phu My town in the southern province of Ba Ria - Vung Tau on June 13.
australia approves vast coal mine near great barrier reef

Australia approves vast coal mine near Great Barrier Reef

Australia approved the construction of a controversial coal mine near the Great Barrier Reef on Thursday (Jun 13), paving the way for a dramatic increase in coal exports.
condotel legal framework imminent

Condotel legal framework imminent

Condotel developers and buyers will breathe easier later in the year when the legal framework for the new type of property in Vietnam is to be released.
profit of giant song da plunges after equitisation

Profit of giant Song Da plunges after equitisation

Song Da Corporation JSC in its first year after equitisation recorded a low profit of VND22.3 billion ($969,565), equal to 11 per cent of its plan for 2018, even though owning assets of more than VND15.6 trillion ($678.26 million).
moc rules for condotels officetels coming this year

MoC: rules for condotels, officetels coming this year

Minister of Construction Pham Hong Ha said at the Tuesday meeting of the National Assembly that his ministry and the Ministry of Natural Resources would complete regulations relating to condotel and officetel this year.
vingroup starts construction of vinsmart manufacturing plant

Vingroup starts construction of VinSmart manufacturing plant

Once the second VinSmart phone manufacturing plant comes into operation, it will not only produce Vsmart phones but also become partner to world-leading smartphone manufacturers with strict quality requirements.
hcm city court upholds jail sentence for phan van anh vu

HCM City court upholds jail sentence for Phan Van Anh Vu

The Ho Chi Minh City People’s Court upheld a 17-year jail sentence for Phan Van Anh Vu, Chairman of the Board of Directors of the Bac Nam 79 Construction Company, on the charge of “abusing position and power while performing duties” during an appeal court on June 7. 
five metro line projects report a cost overrun of 347 billion

Five metro line projects report a cost overrun of $3.47 billion

The total investment capital of the five metro line projects in Hanoi and Ho Chi Minh City increased by VND80 trillion ($3.47 billion) against initial expectations due to delays in land clearance, arranging capital, and irresponsible investors.
housing projects to see more inspections

Housing projects to see more inspections

The Ministry of Construction and localities must conduct inspections on urban areas that may have violated their approved plans and issue strict punishments if violations are found, Deputy Prime Minister Trinh Dinh Dung said at a National Assembly (NA) question and answer session on Wednesday.
foreign investors divest floundering tasco

Foreign investors divest floundering Tasco

The performance of Tasco JSC has been plunging since the State Audit and Government inspectorate uncovered violations in its build-operate-transfer (BOT) and build-transfer (BT) projects and foreign investors like VinaCapital and Pyn Elite have announced selling off their Tasco shares.