Deputy Prime Minister Trinh Dinh Dung on May 11 chaired a meeting with ministries and departments to discuss possible incentives for solar-powered projects.
Hanoi (VNA) – Deputy Prime Minister Trinh Dinh Dung on May 11 chaired a meeting with ministries and departments to discuss pos❀sible incentives for solar-powered projects.
Dung asked the Ministry of Industry and Trade to continue refining a draft on the PM’s decision on solar energy development, adding that it should consider experience acquired by developed nations and developing countries throughout the process.
Areas designated for renewable energy development should be zoned off, he said, adding that the PM’s draft decision will be reported to the government’s regular meeting before being signed.
According to Deputy Minister of Industry and Trade Hoang Quoc Vuong, existing policies and mechanisms, including the 2004 Electricity Law, fail to provide financial incentives for solar power growth.
The draft PM’s decision is expected to clarify relevant investment procedures and power price subsidies to the construction of solar energy facilities.
In the morning the same day, Deputy PM Dung also held a meeting with ministries and agencies concerned to clear hindrances to underway power projects in the form of build-operate-transfer (BOT).-VNA
Central Quang Binh province started work on a 13.7 million USD project in Bo Trach district on July 1 to supply solar power to far-flung areas outside the reach of the national grid.
As traditional sources of energy like coal and petroleum are quickly becoming exhausted, resulting in high prices and unstable supply, Vietnam is seeking renewable resources.
The Shinsung Group from the Republic of Korea (RoK) kicked off two solar power projects worth a total of nearly 2.4 trillion VND (about 110 million USD) in the Central Highlands province of Dak Nong.
The Mekong Delta province of Hau Giang has granted approval to the construction of a 36MW solar power plant, said provincial People’s Committee Vice Chairman Le Canh Tuyen on January 29.
ietnam will promote development of renewable energy resources, aiming to increase the proportion of power produced from these sources in the national electricity structure.
The Government’s national power development plan that calls for a higher proportion of power generation from renewable energy by 2030, including water, wind, solar and biomass, has not met its targets
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
