A ceremony was held on April 20 in the Mekong Delta province of Tra Vinh to establish the Duyen Hai Thermal Power Company under the Vietnam Electricity’s Power Generation Corporation 1 (EVNGENCO 1).
A ceremony was held on April 20 in the Mekong Delta province of Tra Vinhto establish the Duyen Hai Thermal Power Company under the VietnamElectricity’s Power Generation Corporation 1 (EVNGENCO 1).
The company, located in Dan Thanh village of Duyen Hai district, willbe responsible for a number of activities, including electricityproduction and trading, managing, operating and maintaining the DuyenHai thermal power plants and the Duyen Hai Power Centre seaport.
The Duyen Hai Power Centre, covering nearly 880 hectares in Dan Thanhcommune, Duyen Hai district has a capacity of roughly 4,308 megawatts.
The project, at a cost of more than five billion USDinvested by EVNGENCO 1, includes four units using coal fired traditionalcondensed steam turbine technology and the largest coal port in theMekong Delta.
Construction of the 622.5-megawatt-capacityturbine No. 1 has been completed and it is connected to the nationalpower grid on a trial basis.
The turbine will officially be linked with the national grid on July 25.-VNA
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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.
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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.
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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.
