Decision No.13/2020/QD-TTg issued last week on encouraging mechanisms for solar power development in Vietnam sets the deadline of December 31 for solar systems of any scale to attain a certificate of delivery and enjoy the feed-in tariff 2 (FiT2) rate, which is considered to be financially attractive. The price of each kilowatt-hour generated from ground-mounted, […]
Read MoreIn the first three months of this year, Electricity of Vietnam mobilised 2.76 billion kWh of renewable energy, including 2.31 billion kWh of solar power, signifying a 28-fold increase on-year. The hike in solar power generation was due to the multitude of power projects coming online before the feed-in tariff deadline According to statistics published […]
Read MoreThai-listed energy firm Super Energy Corporation has recently announced that it would invest in four solar power plants in Binh Phuoc province, Vietnam with the total capacity of 750MW. Accordingly, Super Energy Corporation would pay approximately $73 million to purchase controlling stakes of 70-100 per cent of the four Loc Ninh 1-4 solar plants through […]
Read MoreDanang People’s Committee is looking for investors to join in the development of shared infrastructure at Lien Chieu Port, which has the total investment of VND3.43 trillion ($149.13 million). Danang is looking for investors in the infrastructure that sets the foundations to put Lien Chieu Port underway Danang People’s Committee has submitted a document requesting […]
Read MoreAmid an array of difficulties caused by the COVID-19 pandemic, the wood industry is exerting every effort to maintain business and production, while implementing initiatives and defining strategic lines of products and markets. Amid an array of difficulties caused by the COVID-19 pandemic, the wood industry is exerting every effort to maintain business and production, while implementing initiatives and […]
Read MoreIndustrial park owners are forecasting a drop in 2020 profits, blaming the ongoing damage inflicted by the COVID-19 pandemic. Industrial park owners are forecasting a drop in 2020 profits, blaming the ongoing damage inflicted by the COVID-19 pandemic. The Dong Nai-based Industrial Urban Development JSC No 2 (D2D) expects post-tax profit to slump by 51.5 percent year-on-year […]
Read MoreVietnamese Ambassador to the US Ha Kim Ngoc had an online meeting on April 14 with Chairman of the Business Council for International Understanding (BCIU) Peter Tichansky and senior officials of 40 major US enterprises to discuss bilateral cooperation and investment opportunities. Vietnamese Ambassador to the US Ha Kim Ngoc had an online meeting on April […]
Read MoreThe location of the new airport on Gò Găng Island in Long Sơn Commune, the southern province of Bà Rịa – Vũng Tàu. — Photo vietnamnet.vn A new airport covering 248.5ha is scheduled to be built on Gò Găng Island, Long Sơn Commune in the southern province of Bà Rịa–Vũng Tàu this year. It has […]
Read MoreExport processing and industrial zones in HCM City saw a 86 per cent increase in investment during the first quarter. — VNA Photo Mạnh Linh Export processing and industrial zones in HCM City saw US$117 million of investment poured into the zones in the first quarter, a 86 per cent increase compared to the same period […]
Read MoreStark Corporation PCL of Thailand has completed the purchase of 100 per cent equity in Thinh Phat Cables JSC (Thipha) and Dong Viet Non-Ferrous & Plastic JSC for $240 million. The transaction was implemented by Stark Corporation’s subsidiary Phelps Dodge International (Thailand) Co., Ltd., a leading Thai and Southeast Asian wire and cable manufacturer. According […]
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