The Prime Minister has given the green light to the construction of the Bac Ai pumped-storage hydroelectricity plant in the south central province of Ninh Thuan.
Hanoi (VNA) – The Prime Ministerhas given the green light to the construction of the Bac Ai pumped-storagehydroelectricity plant in the south central province of Ninh Thuan.
Invested by the Electricity of Vietnam, theproject will be located in Bac Ai district’s Phuoc Tan and Phuoc Hoa communes.
It will consist of four turbines withcombined capacity of 1,200MW.
The Ministry of Industry and Trade istasked with examining the design and financial evaluation of the project.
Pumped storage is the largest-capacity formof grid energy storage available. The method stores energy in the form of waterpumped from a lower elevation reservoir to a higher elevation. Off-peakelectric power is used to run the pumps. During periods of high electricaldemand, the stored water is released through turbines to produce electricpower.-VNA
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The National Assembly has adopted a resolution on stopping to implement the Ninh Thuan nuclear power plant project, reasoning the country’s current economic situation.
The central coastal province of Ninh Thuan and the Russian locality of Kursk signed a memorandum of understanding (MoU) on December 8 to strengthen cooperation.
The Vietnam Red Cross and a group of HCM City officials led by municipal Party Committee Secretary Dinh La Thang visited and presented the Tet (Lunar New Year) gifts to poor households and Agent Orange (AO) victims in Ma Noi mountainous commune, Ninh Son district, Ninh Thuan province on January 7.
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.
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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.
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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.
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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.
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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.
Illustrative image (Source: pinterest.com)
