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International News
Vietnam Emerges as Key Player in US Economic Diversification Strategy
President Joe Biden's visit to Vietnam marks a pivotal moment in the strengthening of economic bonds between the United States and Hanoi. This strategic move aims to reduce America's dependence on China and signifies a significant diplomatic shift, according to CNN News on 11 September 2023. The two former adversaries have formally upgraded their diplomatic relations to a "comprehensive strateg...
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Elon Musk’s Hyperloop Vision: Revolutionizing Travel Faster Than Sound in Next Decade
In a groundbreaking leap towards revolutionising transportation, Elon Musk's hyperloop concept is hurtling closer to reality. With a triumphant human test ride successfully conducted in November 2020, the horizon for its realisation could be less than a decade away, according to BusinessInsider on 23 July 2023. The genesis of the hyperloop's popularity traces back to 2013, ignited by Elon Musk'...
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China Invests US$3.95bn on UHV DC Transmission Line to Connect Two Regions
China has taken another monumental step towards its clean energy goals as the construction of an ultra-high voltage direct current (UHV DC) transmission line spanning an impressive 1,634km has commenced. The State Grid Corporation of China, the driving force behind this visionary project, revealed that it involves a substantial investment of approximately US$3.95 billion (28.1 billion CNY), accord...
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China Accelerates Vision with Transformative Upgrade of Railway Link to Vietnam
A monumental transformation is underway as China embarks on a journey to elevate an existing railway into its maiden high-speed rail connection to Vietnam. The inaugural step in this visionary endeavour was taken on 8 August 2023, marking the genesis of a new era in connectivity and transport, as reported by CGTN. The canvas of this transformative narrative is currently painted by the 46.9-kilo...
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Vietnam Set to Launch Second Metro Line in 2023, Underground Line Section Extended to 2027
As Vietnam's capital city looks towards a greener, more efficient future, the eagerly anticipated Nhon - Hanoi Station metro line promises to be a game-changer in urban transport. The elevated section of this revolutionary underground railway line is set to commence operations in 2023, a significant step towards easing traffic congestion and reducing emissions in the bustling city, according to th...
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China Approves Six New Nuclear Reactors to Expand as World’s Biggest Pipeline of New Atomic Energy
In a resolute move that underscores its commitment to bolstering its nuclear capabilities, China's State Council has granted the green light for the construction of six new nuclear power units, signifying a monumental stride in the nation's ongoing pursuit of expanding its extensive pipeline of groundbreaking atomic energy initiatives. The approved projects, with a combined estimated investment...
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Vietnamese Automaker Invests US$2 bn in EV Factory Construction in North Carolina, USA
Vinfast, a Vietnamese electric vehicle manufacturer under Vingroup, and a pioneer in electric vehicle (EV) manufacturing, held a groundbreaking ceremony for its North Carolina electric car plant on 28 July 2023. This achievement sets the stage for a transformative economic development project with an impressive $2 billion investment in the first phase of construction, sprawled across a sprawling 7...
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Unique Architectural Features of Asia’s Largest Wooden Building in Singapore
The Nanyang Technological University (NTU) of Singapore has just officially inaugurated the second-largest wooden building in the world with an area of 43,500 square metres and “the largest wooden building in Asia" in terms of the volume of timber used. The university named this masterpiece "The Gaia Timber" after the Greek goddess of Earth reflecting the building's focus on sustainability and eco...
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China and Pakistan Foster Sustainable Energy Cooperation with US$ 3.5 Billion Nuclear Power Plant
In a landmark collaboration, China and Pakistan have inaugurated the construction of Pakistan's largest nuclear power plant, a monumental project estimated at US$ 3.5 billion. Set to generate a colossal 1,200 megawatts of electricity daily for the national grid, the initiative signals a significant stride towards sustainable energy for the nation. As per a report on July 14, 2023, the groundbre...
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Bentley Systems Announces Allen Li has Joined as General Manager, China
EXTON, Pa. – June 6, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that Allen Li has been appointed to the new role of General Manager, China, reporting to Chief Revenue Officer Brock Ballard. Allen Li has had a long executive career at enterprise software leader SAP, including as Chief Operating Officer in China. He earned a b...
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