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ខ្មែរ International News
Thailand’s Visionary Leap: US$8.8bn ‘Eastern Aviation City’ Set to Soar in Easter Provinces
- 21 January 2024
In a groundbreaking venture, Thailand is poised to construct the ambitious 'Eastern Aviation City,' a cutting-edge transportation hub set to revolutionize the nation's east coast. With a staggering budget of US$8.8 billion, this transformative project encompasses the expansion of U-Tapao International Airport and the birth of Eastern Airport City, marking it as Thailand's most expansive undertakin...
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VinFast Accelerates Global Expansion with US$2bn Investment Plan in India
- 14 January 2024
In a strategic move to penetrate the dynamic Indian automobile market, Vietnamese electric vehicle manufacturer VinFast Auto Ltd. has inked a landmark agreement with the southern state of Tamil Nadu, outlining a substantial investment of up to US$2 billion. This visionary step places VinFast at the forefront of India's burgeoning electric vehicle landscape, aiming to capture a significant share of...
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UN Predicts Global Economy Down to 2.4% in 2024, Inflation Rises to Above 10% for Developing Countries
- 11 January 2024
In a pivotal economic report, the United Nations projects a slowdown in global economic growth to 2.4% by 2024, down from the estimated 2.7% in 2023, underscoring challenges surpassing earlier expectations. Both figures remain below the pre-pandemic 3% growth rate prevalent before the 19-year epidemic in 2020, according to VOA on 9 January 2024. The UN's forecast diverges from those of the Inte...
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Hanoi Unveils Ambitious US$4.2bn Smart City Project Anchored by Vietnam’s Tallest Skyscraper
- 26 November 2023
In a landmark move to propel urban development, Hanoi unveiled a visionary smart city project in November, covering a sprawling 272-hectare expanse and entailing a colossal investment of US$4.2 billion. The focal point of this monumental undertaking is the Phuong Trach Tower, a striking 108-storey financial skyscraper, slated to be Vietnam's tallest building. It is even taller than Malaysia's ...
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China Paves the Way for Transformative Investment in Vietnam’s North-South Railway
- 8 November 2023
In a strategic development on the sidelines of the recent Belt & Road Forum in Beijing, China Communications construction company Ltd. (CCCC) has unveiled a groundbreaking proposal to invest in Vietnam's ambitious North-South Railway project, taking regional cooperation and infrastructure innovation to new heights. The North-South Railway initiative, spanning approximately 1,500 kilometers ...
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Rising Skies in Southeast Asia: Why are South East Asian Countries Suddenly Expanding & Building New Mega-sized Airports?
- 5 November 2023
The azure skies of Southeast Asia are in the midst of a remarkable transformation. Seven ASEAN countries are embarking on ambitious airport expansion projects, reflecting the region's remarkable growth and the pressing need to meet burgeoning demand. Research by Nikkei predicts that the annual passenger capacity at airports in the capitals of these nations will soar to a staggering 653 million by ...
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Bentley Systems Recognizes the Year in Infrastructure 2023 as Groundbreaking for Infrastructure Intelligence
- 30 October 2023
Bentley Infrastructure Cloud Compounds Value of Engineering Data; iTwin Capabilities Added to Bentley Open Applications SINGAPORE – Oct. 12, 2023 – At its annual Year in Infrastructure conference, Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, described 2023 as a “groundbreaking year” for infrastructure intelligence. Citing users’ projects, CEO Gre...
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China Spends US$10bn to Dig Massive New Canal to Ease Trade Flow with ASEAN
- 18 October 2023
Recognizing that the eastern port where goods pass through the port near Taiwan looks unstable and is under US surveillance, China has invested a staggering US$10.3 billion (equivalent to 72.7 billion yuan) to carve out the sprawling Pinglu Canal. Stretching over 134 kilometers, this monumental waterway links the Xijin Reservoir near Guangxi's vibrant capital city, Nanning, to the bustling port of...
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Vietnam Emerges as Key Player in US Economic Diversification Strategy
- 12 September 2023
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
- 27 August 2023
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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