The Solkiss Company of the Republic of Korea will invest in a solar power project in Thac Ba Lake in Yen Binh district, the northern province of Thai Nguyen, a local official said.
A power plant with a capacity of 500 MW will be built on Thac Ba Lake (Photo: VNA)
Yen Bai (VNA) – The Solkiss Company ofthe Republic of Korea will invest in a solar power project in Thac Ba Lake in YenBinh district, the northern province of Yen Bai, a local official said.
Director of the provincial Department of Industryand Trade Truong Ngoc Bien said the project will combine wind, solar and waterenergy to produce electricity. The province and the RoK Company signed amemorandum of understanding (MoU) on the project early this year in Seoul.
According to the MoU, the province will assistthe investor in conducting necessary survey and research as well as in implementingthe project. The province will also negotiate with the Electricity of Vietnam(EVN) on electricity selling price.
The Solkiss Company will establish a YenBai-based Solkiss Company, and train local workers to work for the plant.
The company also pledged to bring more investorsto explore investment potential in Yen Bai province.
President of the Solkiss Company Do Young Woosaid the company will invest 25 trillion VND (1.1 billion USD) in building the powerplant with a capacity of 500 MW.
The Ministry of Industry and Trade expressedsupport of the investment project in the document No. 40/TB-BCT issued onFebruary 23, 2017.
Do Duc Duy, Chairman of the provincial People’sCommittee, called on the Government and relevant bodies to offer incentives forthe project because it applies advanced and environmentally friendlytechnology.
He also pledged that the province will create thebest condition for foreign investors, including Solkiss Company.-VNA
Vietnam is not expected to meet its target of generating 800 MW of wind power by 2020 as a proposal to increase the regulated selling price of wind power has been postponed.
The US ACO Investment Group wants to implement renewable energy projects in Vietnam’s southern province of Binh Duong, Chairman and CEO of the group Hari Achuthan said at a working session with local authorities on February 22.
Da Nang has announced its first solar power project, funded with 415,000 USD from the European Commission (EC) and 75,000 USD from the city’s counter fund.
The southern province of Binh Phuoc has two communes eligible for solar power projects with capacity between 130-300 MW, according to the Power Development Project Management Board No.6.
The south-central coastal province of Ninh Thuan is calling for investment in renewable energy development, aiming to turn itself into a clean energy hub of the country.
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.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
A power plant with a capacity of 500 MW will be built on Thac Ba Lake (Photo: VNA) 
