Mitsubishi to invest in 600-MW wind power project in Laos
Japanese trading conglomerate Mitsubishi Corp. is planning to cooperate with Thailand’s renewable-energy developers to develop a massive onshore wind farm in Laos that will supply electricity to Vietnam, Nikkei Asia reported on June 17.
Tokyo (VNA) – Japanese trading conglomerate Mitsubishi Corp. isplanning to cooperate with Thailand’s renewable-energy developers to develop amassive onshore wind farm in Laos that will supply electricity to Vietnam,Nikkei Asia reported on June 17.
The facility will have power generation capacity of 600 megawatts, making itone of the largest onshore wind farms in Southeast Asia. Total investment forthe project is expected to run to hundreds of millions of US dollars.
A Mitsubishi subsidiary will take a 20 percent stake in a joint venture to beformed with two Thai renewable-energy developers.
Construction of the plant is slated to start by the end of this year withoperations to begin in 2024.
A grid network will be built to send power to a Vietnamese state-run unit undera 25-year contract.
Vietnam's demand forelectricity has expanded rapidly in tune with its economic growth. To offsetpart of that demand, the country in 2016 agreed with Laos to share electricity.
Nikkei Asia said coaland hydropower each account for roughly 40 percent of Vietnam's energysources. But during Vietnam's dry seasons, usage at hydroelectric plantsdeclines, leading to severe power shortages.
Vietnam is rollingout renewable-energy projects, including wind and solar, but few areas in thecountry's inland region are suitable for wind power, it noted./.
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Japan’s Mitsubishi Motors has pledged to invest 11.2 trillion rupiah (778.7 million USD) in Indonesia to develop electric vehicles, increasing annual capacity from 220,000 to 250,000 units.
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The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
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The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
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The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Illustrative image (Photo: Reuters) 
