HCM City (VNA) – Nearly 5 trillion VND (216.5 millionUSD) will be invested in building a solar power plant in the south-central coastalprovince of Ninh Thuan.
According to the investor - Trung Nam Solar Power JSC, a member of Trung NamGroup, the 204 MW plant will cover more than 264 hectares of the Trung Nam windfarm in Bac Phong and Loi Hai communes, Thuan Bac district.
Work on the plant will start on July 7 and is scheduled to be completed in June2019.
It is expected to produce between 401 and 450 million kWh of electricity peryear, supplying more electricity for Ninh Thuan province in particular and thecountry in general.
On July 3, the Electric Power Trading Company (EPTC) of theElectricity of Vietnam (EVN) signed a power purchase agreement with the TrungNam Solar Power JSC.
Under the agreement, EPTC will purchase electricity from Trung Nam at a priceof 2,086 VND (9.35 cents) per kWh.
In August 2016, Trung Nam Group started work on a 100 MW wind power plant inthe province.
Earlier, the group had developed a few energy projectsincluding the 70MW Dong Nai 2 hydropower plant and the Krong No.2 and KrongNo.3 hydropower plants, with a combined output of 48MW, in the CentralHighlands province of Lam Dong. As of November 2017, all of its hydropowerplants had generated more than 1 billion KWh.-VNA
Vietnamese BIM Group and AC Group, the energy unit of the Philippines’s Ayala Corporation, began construction of a solar power plant in Phuoc Minh commune, Thuan Nam district, Ninh Thuan province.
The construction of a solar power plant with a capacity of 50 MW kicked off in Phuoc Dinh commune of Thuan Nam district, the south central province of Ninh Thuan, on March 31.
Dak Lak authorities have allowed 18 investors to conduct survey and build solar power projects in the Central Highland province after considering their financial capacity and experience.
Chairman of the People’s Committee of Quang Tri province Nguyen Duc Chinh on June 8 signed decisions approving two wind and solar power projects with total investment of over 2.7 trillion VND (120 million USD).
The southwestern province of Tay Ninh has granted investment licenses to five solar power projects worth over 14.3 trillion VND (629.9 million USD) in Duong Minh Chau and Tan Chau districts.
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.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Illustrative image (Source: VNA) 
