Bargasse can be used for producing cheap electricity (Photo: VNA)
Hanoi (VNA) - The Vietnam Sugarcane and Sugar Association (VSSA) hopes to set up power plants that run on sugarcane by-products.
VSSA Chairman Pham Quoc Doanh said at the fifth annual International Sugarcane Conference recently held in the central province of Binh Thuan, that Vietnam's 41 sugar factories annually produced up to 4.5 million tonnes of bagasses, the fibrous remains after the juice is extracted from the cane. He said this could generate up to 1.4 billion kilowatts of electricity per year.
By 2020, the country will produce about 20 million tonnes of sugarcane which can turn out 2,400 megawatts of electricity.
Doanh said that if Vietnam could manage to process these sugar by-products, they should eventually produce 10 percent of the national electricity turnover. Countries within the Asia Pacific region, such as Brazil, Thailand or the Philippines, have successfully used bagasse to generate electricity.
Electricity generated by bagasse is a clean alternative source which lessens dependence on thermal power or fossil fuels and help reduce hydro power plant production during the dry season.
Pham Hong Duong, Chairman of TTC Bien Hoa Sugar Corporation, told the conference that the price difference between bagasse-based electricity in Vietnam and Thailand and the Philippines was the main reason why not many power plants have invested in this form of energy.
💟 According to Duong, the current price for each kilowatt of electricity generated by bagasse in Vietnam is roughly 0.05 USD, while the same amount costs 0.11 USD in Thailand and 0.13 USD in the Philippines.
The conference, held in Phan Thiet city, was co-organised by the VSSA and TTC Group.-VNA
Students from northern mountainous Tuyen Quang and Lao Cai provinces swept the first prizes in the Green Creativeness Contest held to unearth outstanding environmental protection ideas and models.
The biomass power plant invested by the KCP Vietnam Industries Limited in the south central province of Phu Yen was connected to the national grid on April 2.
A delegation from the General Directorate of Energy and the Global Green Growth Institute on Aug 30 held a working session with Soc Trang on the planning for biomass power development in the locality.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
Bargasse can be used for producing cheap electricity (Photo: VNA) 
