The Economic Zone Management Authority of the southern province of Tra Vinh on August 8 licensed to Ho Chi Minh City-based Asia Energy Petroleum Corporation and Unison eTech Co, Ltd from the Republic of Korea (RoK) to develop the first phase of the Duyen Hai wind power plant.
Tra Vinh (VNA) - TheEconomic Zone Management Authority of the southern province of Tra Vinh onAugust 8 licensed to Ho Chi Minh City-based Asia Energy Petroleum Corporationand Unison eTech Co, Ltd from the Republic of Korea (RoK) to develop the firstphase of the Duyen Hai wind power plant.
Located in Dong Hai commune, Duyen Hai district,the 125 million USD first phase has a designed capacity of 48.3 MW with 21turbines, each rumbling with 2.3 MW.
Once operational in December 2019, the projectis expected to generate over 135,200 MWh per year.
According to the province’s wind powerdevelopment plan to 2020 with a vision to 2030, the locality aims to build sixwind power plants in Duyen Hai district and Duyen Hai town, said Nguyen QuynhThien, Deputy Director of the Economic Zone Management Authority.
Total cumulative installed capacity of localwind power plants are hoped to reach 270 MW with a power output of 634 millionkWh, he added.
Previously, the Authority granted an investmentlicence to the RoK’s Tra Vinh 1 Power Plant Limited Company and made investmentplans for Ecotech Company and Thai Hoa Company.-VNA
The Trung Nam Construction Investment Corporation and the Trung Nam Wind Power JSC signed contracts with partners on June 10 to implement wind and solar power projects in Ninh Thuan province.
In 2017, the south central coastal province of Ninh Thuan is focusing on luring capable and strategic businesses and investors in the two key sectors of renewable energy and marine economy.
Authorities of the Mekong Delta province of Bac Lieu had separate meetings with two foreign firms, UPC Ranewables and Kimin Power, on feasibility study reports on wind power projects to be developed by the firms.
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.