July 31, 2019 | Editor's Note
Economic growth rates in Southeast Asia have remained robust with a few outliers. Bolstered by strong public investment spending, investment growth emerged as the leading driver of economic growth during 2018. The recovery in...
Read MoreJuly 31, 2019 | Key Developments, Vietnam
The Export-Import Bank of Korea will open a $2 billion credit line to Vietnam’s state-owned oil and gas group PetroVietnam. This will help South Korean companies venture into Vietnam’s fast growing economy and participate in the...
Read MoreJuly 31, 2019 | Key Developments, Vietnam
The Viettel Group, Vietnam’s largest mobile network operator, and Sweden’s Ericsson Group have successfully conducted the first call using 5G technology in the country. The call was a part of Viettel’s 5G technical testing...
Read MoreJuly 31, 2019 | Key Developments, Vietnam
VTC Pay, Vietnam-based mobile wallet and payment gateway, has partnered with DOCOMO Digital to scale the mobile commerce ecosystem in the country. DOCOMO Digital’s platform connects international merchants and payment providers...
Read MoreJuly 31, 2019 | Key Developments, Vietnam
The administrative boundaries of six communes in Long Thanh district in the southern province of Dong Nai will be officially changed to enable the construction of the country’s new Long Thanh International Airport. The changes...
Read MoreJuly 31, 2019 | Key Developments, Vietnam
The authorities of Vietnam’s capital city of Hanoi will allocate $109.87 million from its budget for the Vinh Tuy Bridge expansion project for connecting the inner city of Hanoi and outlying district of Long Bien. The project...
Read MoreJuly 31, 2019 | Key Developments, Vietnam
Two solar power plants developed by the JV of the Thanh Thanh Cong Group and Gulf Energy Group of Thailand have been inaugurated in Trang Bang district of the southern province of Tay Ninh. The plants cover an area of 120...
Read MoreJuly 31, 2019 | Key Developments, Vietnam
Osaka Gas Singapore Private Limited, a wholly owned subsidiary of Osaka Gas Company Limited, Sojitz Corporation and Sojitz Vietnam Company Limited have reached an agreement to establish a JV, Sojitz Osaka Gas Energy Company...
Read MoreJuly 31, 2019 | Key Developments, Vietnam
Pacifico Energy, an Asia-based developer of renewable energy, has commenced operations of the 40 MWp Mui Ne Solar Power Plant in Phan Thiet City in Binh Thuan province of Vietnam. Construction of the plant began in October 2018....
Read MoreJuly 31, 2019 | Key Developments, Vietnam
The Electricity of Vietnam Southern Power Corporation (EVNSPC) began construction and put into operation hundreds of grid projects in the first six months of 2019. The corporation started work on 15 110kV grid projects and...
Read MoreJuly 31, 2019 | Key Developments, Vietnam
The Vinh Son-Song Hinh Hydropower Joint Stock Company (VSH) has approved a capital mobilisation plan to complete the VND 9.43 trillion Thuong Kon Tum hydropower plant, the biggest of its kind in Vietnam’s central province of Kon...
Read MoreJuly 31, 2019 | Key Developments, Vietnam
Three large solar PV projects have been commissioned recently in Vietnam, adding 529 MW of solar capacity to the country. In late June 2019, a JV of the Truong Thanh Vietnam Group and B.Grim (Thailand) inaugurated the 257 MWp...
Read MoreJuly 31, 2019 | Key Developments, Thailand
Thailand’s mobile operators have announced that they will participate in an allocation of three licences in 700 MHz spectrum, with a combined value of THB5 3.4 ($1.71 billion). The country’s largest operator, Advanced Info...
Read MoreJuly 31, 2019 | Key Developments, Thailand
The Thailand government plans to merge TOT Public Company Limited and CAT Telecom Public Company Limited into a single entity – National Telecom (NT). NT is expected to commence operations by end 2019. The Ministry of Digital...
Read MoreJuly 31, 2019 | Key Developments, Thailand
Thailand’s Ministry of Transport has put the Airports of Thailand Public Company Limited’s (AoT) plan to build a second terminal at Suvarnabhumi airport on hold. According to the transport ministry, the 42 billion baht terminal...
Read MoreJuly 31, 2019 | Key Developments, Thailand
The launch of Bangkok’s common ticketing system, designed to link all modes of public transport, has been pushed back to 2020. The launch has been postponed due to delays in system development. The decision about whether the...
Read MoreJuly 31, 2019 | Key Developments, Thailand
The Department of Railways, Lao Ministry of Public Works and Transport, has signed an MoU with Thailand’s Sermsanguan Construction Company Limited to commence work on Phase II of the Laos-Thailand railway line. The 7.5 km long...
Read MoreJuly 31, 2019 | Key Developments, Thailand
The Thailand cabinet has approved a budget of about 752 million baht for the State Railway of Thailand (SRT) to hire consultants to study the design of Phase 2 of the Thai-Chinese high speed electric train project. The design...
Read MoreJuly 31, 2019 | Key Developments, Thailand
Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) is expected to complete the transfer of operatorship of Australia’s Montara oil project to Jadestone Energy in the third quarter of 2019. Earlier, in July...
Read MoreJuly 31, 2019 | Key Developments, Singapore
Singtel and M1 have won two pilot projects for carrying out public trials on industrial 5G uses. The two contracts were awarded by the Infocomm Media Development Authority and state-owned Port of Singapore Authority (PSA). While...
Read More