Trung Nam Group inaugurates 12-trillion-VND solar power project
Trung Nam Group inaugurated a 450 MW Trung Nam-Thuan Nam solar power farm project, a 500kV transformer station and a 220/500kV transmission line in Ninh Thuan province on October 13.
Workers install the 220/500kV transmission line for Trung Nam - Thuan Nam solar complex in Ninh Thuan province.(Photo courtesy of Trung Nam Group)
NinhThuan (VNS/VNA)ꦫ — Trung Nam Group inaugurated a 450 MW TrungNam-Thuan Nam solar power farm project, a 500kV transformer station and a 220/500kVtransmission line in Ninh Thuan province on October 13.
The12 trillion VND (518 million USD) project spans more than 557 ha in Phuoc Minh commune,Thuan Nam district, and includes more than 17km of transmission lines of 500kV,220kV stretching from Ninh Thuan to Binh Thuan province. Luu Xuan Vinh, Chairman of the Ninh Thuan People's Committee,said the project will also make an important contribution to easing therate of unused plants that wasted thousands of billions of VND eachyear and improve the business environment in the province. Theplant started operating on September 29 and is expected to produce 1.2billion kWh of electricity in the first year and more than 1 billion kWh fromrenewable sources every year. NguyenTam Tien, general director of the Trung Nam Group, said though the projectrequires complicated implementation in the COVID-19 pandemic, the groupwith high determination completed in 102 days from the middle of May with thehard work of 8,000 officials, engineers and workers.
Theofficial further said the project will contribute important capacity forregional power grids in Ninh Thuan and the south-central coast. ꦫ Twotransformer stations of the project, with a total capacity of 1.800MVA andlines designed to improve connectivity, will increase system reliability in theregional power grid.
TrungNam Group is also the executing unit of Ca Na general seaport project with thecapacity of 70,000 - 100,000 DWT per year in Ninh Thuan. Once finished byDecember 2022, the seaport will make an important contribution to supportingthe transportation of equipment, especially super-heavy equipment for renewableenergy projects and gas power projects in the field in the province, as a hubof renewable plants in Vietnam./.
A long-term plan for renewable energy sources such as solar and wind must be devised for Vietnam to realise its goal of connecting the entire country to the national grid, experts have said.
A ground-breaking ceremony was held on August 25 for the first phase of Ca Na Seaport Complex project in Thuan Nam district of the south central province of Ninh Thuan.
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 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.