Power management centre launched on Phu Quy Island
The Phu Quy Island District Electricity Company has just inaugurated a management and operation centre on the island, which is said to be a starting point for future projects such as solar and other power plants to meet demand.
The Phu Quy Island Electricity Company in Binh Thuan province has got a modern supervisory control and data acquisition (SCADA) system to manage power supply.(Photo: VNA)
Binh Thuan (VNA) - The Phu Quy Island District Electricity Company has just inaugurated amanagement and operation centre on the island.
It cost more than 270 billion VND (240.8 million USD) and took two years tobuild.
Using a modern supervisory control and data acquisition (SCADA) system, thecentre manages the operations of the island’s two power plants, onediesel-fuelled and the other a wind plant.
The local power grid has also been upgraded and expanded to meet the increasingdemand for electricity, ensure steady and safe supply and modernise powerdistribution and management.
Tran Ngọc Linh, director of the Binh Thuan province Electricity Corporation,said the island has a total electricity generation capacity of 16MW, 10MW fromthe diesel plant and 6MW from the wind power plant.
He noted that reliable electricity supply is a pre-requisite to attract investment on the island.
The centre will be a starting point for future projects such as solar andother power plants to meet demand, he said.
Power is now available 24 hours to all households on the island at the sametariffs as on the mainland.
Situated 120km from Phan Thiet city, Phu Quy island spreads over an area of17sq.km and has a population of 28,000 and great potential in the maritimeeconomy and tourism. -VNA
The island district of Phu Quy in the central province of Binh Thuan has raised its forest coverage rate to 45 percent with a total area of 800 hectares.
As many as 300 national flags were presented to fishermen in Tam Thanh, Ngu Phung and Long Hai communes in Phu Quy island, the central province of Binh Thuan on March 12.
The south central coastal province of Binh Thuan has proposed the Government allocate investment to build two reservoirs in its island district of Phu Quy to ensure water supply for the daily life and production and provide fishery services.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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 Phu Quy Island Electricity Company in Binh Thuan province has got a modern supervisory control and data acquisition (SCADA) system to manage power supply.(Photo: VNA) 
