Hoa Binh hydropower plant to be expanded in Q2 of 2020
The Hoa Binh hydro power plant expansion project is expected to start in the second quarter of 2020 and be completed in 2023, according to Vietnam Electricity (EVN).
An overview of Hoa Binh Hydro Power Plant. (Source: baochinhphu.vn)
Hanoi (VNA) – The Hoa Binh hydro power plant expansion project is expectedto start in the second quarter of 2020 and be completed in 2023, according toVietnam Electricity (EVN).
The EVN Member Council has issued Decision No. 383/QD-EVN dated September 27,2019 on the project investment with total capital exceeding 9.22 trillion VND(396.46 million USD), including 30 percent of reciprocal capital and 70 percentfrom commercial loans.
The project aims to raise thenational power network’s peak power and maximise utilisation of waterdischarged from the plant in the flood season for generating power.
In addition, it will help improve frequencymodulation capability and stablise the frequency of the national electricitysystem and reduce the working intensity of available turbines of the plant,thus prolonging the life of equipment and saving maintenance and repair costs.
The plant expansion project will include twoturbines with total capacity of 480MW and electricity output of about 488.3million kWh per year.
According to EVN, the project was assigned andmanaged by the Hydropower Project Management Board No. 1, which has experiencein operating major hydro projects such as Son La and Lai Chau.
Pham Hong Phuong, director of the board, said the board has focused onselecting the project’s contractors to ensure the schedule, while coordinatingwith Hoa Binh province in compensation and land clearance work./.
The Government has mapped out plans to ensure the safety of reservoirs at the Hoa Binh and Son La hydroelectric plants, two of the country’s largest, said Tran Quang Hoai, permanent member of the Central Steering Committee for Natural Disaster Prevention and Control.
Chairman of the People’s Committee of the northern mountainous province of Hoa Binh Nguyen Van Quang has ordered authorities of Ky Son district to arrange a resettlement area for residents whose houses have been vulnerable to landslides on Road 445.
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.