Novaland Group is in the final stages of a comprehensive restructuring effort, addressing legal, bond, and cash flow crises as it seeks to regain its position as a major player in Vietnam’s real estate market.
Taseco Land has initiated construction on its inaugural industrial park, Taseco Dong Van 3, located in Duy Tien district, Ha Nam province. The development aims to rapidly establish infrastructure to attract foreign investment into Vietnam.
The Asian Development Bank (ADB) and Binh Duong Water Environment Joint Stock Company (BIWASE) signed a $13 million loan to finance the construction and operation of a composting plant, and waste-to-energy (WTE) facility in Binh Duong province.
Indochina Kajima Development Limited has announced the start of construction for a new luxury resort at Bai Nom beach, Phu Yen province.
The two projects represent a total gross area of nearly 1,200 hectares. Their construction is scheduled in 2022 and 2023, following WHA's 3,200ha industrial zone located in Nghe An province.
Dr. Hoang Hiep, Portcoast team leader of the project on Hyosung Vina chemicals port says that two pivotal factors contributing to work construction’s digitalization are laser scanners and people.
Spending over VND9 trillion ($391.3 million) in the first half of the year on the construction of its Dung Quat Iron and Steel integrated complex through borrowings, Hoa Phat Group is paying an enormous amount of interest on its debts each day.
Share price of Conteccons Construction JSC (HOSE: CTD) hit its record low of VND96,800 ($4.2) in three years on June 18, witnessing a fall of over 33 per cent on-year.
The facade of 25-storey hotel in the downtown area of Hanoi is being covered with gold-plated tiles, with construction expected to complete just in time for the Formula One race next year.
The Korean company has not been able to start construction on a research and development centre in Hanoi three years after it received investment licence.
Hoa Binh Construction Group has unveiled an ambitious plan to turn itself into an international building contractor.
Vietnamese industrial and civil contractor Hoa Binh Construction Group will issue 25 million shares to Hyundai Elevator.
Construction of the mixed-use development has been stalled for years.
The construction of Formula 1 circuit surrounding My Dinh Sports Complex is expected to be completed next March.
