The south central coastal province of Ninh Thuan has worked to turn itself among leading localities of Vietnam in renewable energy, with a total installed capacity of 3,475 MW as of late 2021.
A hybrid project of solar and wind power in Ninh Thuan (Photo: baoxaydung.com.vn)
Ninh Thuan (VNA) –📖 The south central coastal province of Ninh Thuan has worked to turn itself among leading localities of Vietnam in renewable energy, with a total installed capacity of 3,475 MW as of late 2021.
Most of renewable energy projects in the province are invested by the private sector, contributing to ensuring national energy security. The sector is among three economic pillars alongside tourism and agriculture that bring Ninh Thuan into top five localities posting the fastest economic growth rate in the past five years.
The province was also the first to allow private investment in the 500kV transmission line to transfer renewable energy to the national grid.
A lack of synchronisation in developing power projects, particularly wind and solar power ones, pose the greatest challenge for renewable energy at present.
A wind farm in Vietnam (Illustrative photo: VNA)
To address bottlenecks and realise the target to turn the province into an energy hub of the country, Ninh Thuan aims to develop the electricity generation and distribution and support industries in a concerted manner, ensuring suitable resources, mechanisms and policies.
It will step up human resources training and development, State management, digital transformation, and science-technology application in the energy sector.
Credit policies will be carried out flexibly and effectively, creating optimal conditions for firms’ access to capital.
Vice Chairman of the provincial People’s Committee Phan Tan Canh said Ninh Thuan aims to raise extra capacity of renewable energy projects to about 3,000 MW so as to reach an accumulation capacity of 6,500 MW by 2025.
The province also targets to set up a renewable energy research and development centre and attract investment projects in manufacturing main devices of the energy sector, and those that consume a large amount of electrical energy./.
Trungnam Group put a wind power plant with a capacity of 46.2MW into operation in Ninh Phuoc district of the central province of Ninh Thuan on November 14.
The south-central province of Ninh Thuan has applied measures to restructure its fisheries sector and support local fishermen to develop a high-capacity fleet for higher efficiency in offshore fishing.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
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.
A hybrid project of solar and wind power in Ninh Thuan (Photo: baoxaydung.com.vn)
A wind farm in Vietnam (Illustrative photo: VNA)
