Deputy PM lauds Irish company’s investment in wind power
Deputy Prime Minister Trinh Dinh Dung has highly appreciated Ireland-based Mainstream Renewable Power’s interest in renewable energy in Vietnam, especially its investment in an offshore wind farm in the southern province of Soc Trang.
Hanoi (VNA) – Deputy Prime Minister Trinh Dinh Dung has highlyappreciated Ireland-based Mainstream Renewable Power’s interest in renewableenergy in Vietnam, especially its investment in an offshore wind farm in thesouthern province of Soc Trang.
Ata reception for Andy Kinsella, Chief Executive Officer of the company, in Hanoion November 21, Dung said Vietnam has paid due heed to developing green energy.
TheVietnamese Government has issued specific mechanisms for the development ofeach kind of renewable energy, including the review of wind power price, hesaid, adding that the exploitation and use of renewable energy will helpVietnam diversify and control supply sources while protecting the environmentand realising its commitments to reducing greenhouse gas emissions in the ParisAgreement.
Regardingthe wind farm in Soc Trang, the Deputy PM suggested the Irish company cooperatewith domestic firms and use local products during the construction.
Theproject should align with the development of Vietnam’s power network, hestressed.
Forhis part, Kinsella said his company highly values the Vietnamese Government’smechanisms and policies towards renewable energy and wind power in particular.
Thecompany has completed technical preparations and is ready to begin the constructionof the 2 billion USD project in mid-2020, he said, adding that the wind farm isset to be operational in 2023.
Accordingto Kinsella, Mainstream Renewable Power has devised policies on cooperationwith Vietnamese firms, as well as the use of local technologies andmaterials./.
Since 2017, the Vietnamese Government has issued a number of priority policies to develop renewable energy to boost production and attract domestic and foreign investment, heard a workshop in Hanoi on September 17.
The People’s Committee of central Quang Tri province has approved in principle three wind power projects with a combined investment capital of nearly 5 trillion VND (215.6 million USD), online newspaper baodautu.vn reported.
The Ministry of Industry and Trade (MoIT)’s Electricity and Renewable Energy Authority and the Belgian Embassy held a seminar in Hanoi on October 24 discussing renewable energy development.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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.
Illustrative image (Source: VNA) 
