The Ministry of Industry and Trade removed 471 hydropower plant projects from its power development plan after reviewing the plan in accordance with a National Assembly resolution passed in 2013.
Hundreds of small hydropower plant projects are stopped after the Ministry of Industry and Trade and localities review power plants in the last three years. (Photo: chinhphu.vn)
Hanoi (VNA) -♔ The Ministry of Industry and Trade removed 471 hydropower plant projects from its power development plan after reviewing the plan in accordance with a National Assembly resolution passed in 2013.
According to the ministry and the people’s committees of provinces nationwide, the projects are mostly small hydropower plants which require huge area of land, are difficult to connect to the national grid and fail to attract investors.
Relevant authorities were asked to carefully examine and assess hydropower project proposals to reject unqualified ones, particularly those that fail to meet environmental and social requirements.
In August 2016, the ministry asked the people’s committees in the five Central Highlands provinces of Dak Lak, Dak Nong, Gia Lai, Kon Tum and Lam Dong and neighbouring provinces, including Quang Ngai, Quang Nam, Phu Yen and Khanh Hoa, to review hydropower plant projects with regard to their impact on forest land.
Any project that likely leaves a negative impact on forest land was stopped.
Investors of hydropower plants whose construction or operation influenced forest land are required to grow alternative forest cover and pay forest environment service fees as committed.
If not, such plants would be stopped as well.
The ministry also asked localities to tighten overseeing the construction of hydro power plants, so that roads that were supposed to serve construction would not be used to transport illegally-logged timber.
According to the ministry, 306 hydropower plants are operating across the country, with total designed capacity of over 15, 474 MW. Construction of another 193 plants, with capacity of more than 5,662 MW, is ongoing. Some 254 projects (over 3,000 MW) are being studied for investment and 59 projects (421 MW) are being reviewed.-VNA
Developing mainstream hydropower projects on the lower Mekong River could lead to long-term and unrecoverable losses to its deltas and the water environment, impacting millions of people.
Mainstream hydropower projects on the Mekong River caused a loss of 5.2 trillion (231 million USD) in seafood and agriculture output to the Mekong Delta.
Chairwoman of the National Assembly (NA) Nguyen Thi Kim Ngan requested the Ministry of Natural Resources and Environment to put forth effective measures to address environmental pollution.
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.