Phu Yen, Ninh Thuan attractive to energy project developers
The south-central coastal provinces of Phu Yen and Ninh Thuan have become attractive destinations for investors operating in the energy industry thanks to great potential for renewable energy development.
Hanoi (VNA) – The south-central coastal provinces of Phu Yen and Ninh Thuanhave become attractive destinations for investors operating in the energyindustry thanks to greatpotential for renewable energy development.
The Minh Thach DL Green Hydro JSC has recently proposed the People's Committee of Phu Yen province invest in a complexof green hydro - ammonia production plants, for an annual production of 45,000 - 55,000 tonnes of hydrogen or 270,000 tonnes of ammonia.
The investor planned to carry out the construction of power supply infrastructure facilities in Song Cau town and Son Hoa to produce 450 MW of wind power and 707 MWp of solar power to serve the project.
Besides, the company proposed building the 20-ha project in the Hoa Tam Industrial Parkin the South Phu Yen Economic Zone.
The project aims to export green hydrogen and ammonia to China, the Republic of Korea (RoK), and Japan, as well as servedomestic demand, contributing to developing renewable energy, reducing CO2 emissions,and adapting to climate change towards promoting local economic growth and budget revenue.
Meanwhile, in late March, Nexif Ratch Energy SE Asia Pte., Ltd of Singapore andthe Binh Dinh provincial People’s Committee signed a memorandum ofunderstanding (MoU) on investing in developing a 150-MW wind power plant with atotal investment of 5.5 trillion VND (nearly 217 million USD) in Van Canhdistrict.
According to Cyril Dissescou, Managing Director of Nexif Ratch Energy, about143 MW of onshore wind power generated by the plant will be distributed in BinhDinh by 2030, laying a foundation for renewable energy developers like his firmto expand business in the locality.
Chairman of the provincial People’s Committee Pham AnhTuan, the local authority has granted Nexif Ratch Energy permission to installwind measurement poles to assess the wind potential in Van Canh, aiming to serveinvestment research for the project.
Previously, at a conference to announce the Master Plan ofBinh Dinh in the 2021 – 2020 period, with a vision to 2050 late last year, theprovincial People’s Committee handed over three MoUs related to an onshore, nearshore,and offshore wind power project worth 4.8 billion USD; and a 2.4-trillion-VND biomasspower plant project to investors.
Additionally, the German Chamber of Industry and Commerce in Vietnam (AHK Vietnam) has proposed developing an offshore wind power project worth 4.6billion USD in Phu My district./.
The implementation of the Politburo’s resolution on orientations for the oil and gas sector development strategy is not only important to this sector but also creates opportunities for Ba Ria - Vung Tau province to make breakthroughs and become a growth powerhouse.
An agreement signing ceremony to develop a wind power plant project in Savannakhet province was held in Vientiane on July 6 between representatives of the Lao Government and Vietnam's AMI Renewables Quang Binh Investment Joint Stock Company.
Apart from providing green energy, developing offshore wind power also supports Vietnam in achieving its commitment to net-zero emissions by 2050 that the country made at the 26th United Nations Climate Change Conference of the Parties (COP26), said Danish Ambassador to Vietnam Nicolai Prytz.
Vietnam remains committed and focused on enhancing the development of hydrogen energy production and hydrogen-source fuels in regions with potential and advantages in renewable energy, close to major consumer markets.
Deputy Prime Minister Tran Hong Ha received Australian Ambassador to Vietnam Andrew Goledzinowski and leaders of Corio Generation of Australia’s Macquarie Group in Hanoi on March 28.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
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.
At a wind power plant (Photo: Baochinhphu) 
