International News
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 […]
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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 […]
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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 $2 billion investment in the first phase of construction, sprawled […]
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Unique Architectural Features of Asia’s Largest Wooden Building in Singapore
The Nanyang Technological University (NTU) of Singapore has just officially inaugurated the second-largest wooden building in the world with an area of 43,500 square metres and “the largest wooden building in Asia” in terms of the volume of timber used. The university named this masterpiece “The Gaia Timber” after the Greek goddess of Earth reflecting […]
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China and Pakistan Foster Sustainable Energy Cooperation with US$ 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 […]
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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 […]
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Vietnam Breaks Ground on Mekong Delta Expressway
The government of Vietnam has broken ground on a 188km expressway which will stretch across the Mekong Delta to Tran De, a South China Sea port city. The six-lane expressway is expected to cost US$1.9 billion from the government budget and is expected to be completed in 2026. The new road will connect with Vietnam’s […]
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Ho Chi Minh City and Hanoi Shine as Top Investment Destinations in the 2023 Asia-Pacific Survey
A recent Asia-Pacific Investor Interest Survey 2023 released by CBRE reveals some great news for Vietnam’s real estate sector. Based on the experience of 500 regional real estate investment experts, Ho Chi Minh City and Hanoi have been ranked as the top 10 most attractive destinations for cross-border investment in the Asia-Pacific region. Ho Chi […]
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Bentley Systems Announces New Capabilities for Carbon Assessment in iTwin Experience
Capabilities Unlock Carbon Data Management for Infrastructure Projects EXTON, Pa. – June 26, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, is announcing at the Environment Analyst Global Business Summit, the availability of new carbon assessment capabilities in iTwin Experience to enable infrastructure professionals to seamlessly quantify carbon reduction opportunities in […]
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Indonesia Injects US$1bn More into New Capital ‘Nusantra’
The Indonesian government has approved the injection of an additional US$1 billion for the development of the nation’s new capital city ‘Nusantra’ which is located in East Kalimantan province on Borneo island. The Nusantra mega project is projected to cost US$32 billion, 80% of which is expected to be sourced from private investment. The Indonesian […]
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