At the ceremony to launch construction of the wind power plant (Photo: VNA)
Bac Lieu (VNA) – ౠThe construction of two wind farms with a combined capacity of 100 MWbegan in Hoa Binh district of the Mekong Delta province of Bac Lieu on July 26.
The wind power plantsare built with a total investment worth over 5.22 trillion VND (about 226.66million USD). They are expected to generate about 400 million KWh annually,raking in excess of 800 billion VND per year. Phase 2 of the HoaBinh 1 wind farm, spanning 935ha, is being built on the same premise as Phase 1in a bid to raise land use efficiency. Meanwhile, the HoaBinh 2 wind farm will be in Vinh Thinh commune, covering a coastal area ofnearly 1,120 ha. The projects are toensure energy security and bolster the use of clean energy to mitigateenvironmental pollution and contribute to the local socio-economic development. Chairman of thePeople’s Committee Duong Thanh Trung said in addition to four wind powerprojects underway in the province’s coastal areas, Bac Lieu will welcome anumber of new projects in the coming time with an aggregate capacity of 470 MW andnearly 1 billion USD in investment. Besides, a4-bilion-USD liquefied natural gas (LNG)-fueled power plant will be inauguratedin the province by early 2021. He pledged that localauthorities will create optimal conditions for the two projects, which are setto put into operation by November next year. The province, with a56 km-long coastline, holds great potential for developing wind and solar power./.
The Ministry of Industry and Trade (MoIT) has directed the Electricity of Vietnam (EVN) to prepare solutions in order to ensure electricity supply in 2020, especially in the dry season.
The Ho Chi Minh City-based Fico JSC has been given initial approval from the Binh Dinh Economic Zone (EZ) Authority to develop two wind power plants in the Nhon Hoi EZ.
The southern province of Bac Lieu topped the country in attracting foreign investment in the first four months of 2020 with a single project worth 4 billion USD producing electricity from LNG, the Ministry of Planning and Investment’s Foreign Investment Agency (FIA) has reported.
Electricity of Vietnam (EVN) is seeking investors in new electricity projects, including solar power plants on reservoirs, in an effort to ensure the safe and stable operation of the country’s electricity market.
The Mekong Delta province of Bac Lieu has decided to expand the cultivation of ST 24 and ST 25, two local rice varieties that rank among the world’s best, this year.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.