Dak Lak says no to 17 small and medium hydropower projects
The Central Highlands province of Dak Lak has rejected proposals for 17 small and medium-sized hydropower projects with combined capacity of 27.4 MW, a local official said.
Dak Lak (VNA) – The Central Highlandsprovince of Dak Lak has rejected proposals for 17 small and medium-sizedhydropower projects with combined capacity of 27.4 MW, a local official said.
The province has also halted construction of the10MW Drang Phok hydropower plant because the project needs to use more than 60hectares of special - use forest in Yok Don National Park, according to Y GiangGry Nie Knong, Vice Chairman of the provincial People’s Committee.
Most of the proposals were knocked back as theyrequired the use of forest land, the Vice Chairman said. The building of theseplants would damage the forest resources and the ecosystem in the area.
Dak Lak is home to 24 operational hydropowerplants, with combined capacity of 957 MW.
The Central Highlands province has hugepotential for wind and solar power development.
According to the province’s planning until 2020,with a vision through 2030, it aims to produce 5,250 MW of solar and windpower.
The wind power projects are mostly based inKrong Buk, Cu Mgar, Krong Nang, Ea Hleo and Buon Ho town, with combinedcapacity of 1,382 MW. The rest is generated from solar power.
There are 12 wind and solar power projects, worthdozens of trillion VND, which have been approved by the province.-VNA
Developing mainstream hydropower projects on the lower Mekong River could lead to long-term and unrecoverable losses to its deltas and the water environment, impacting millions of people.
Up to 2.25 million hectares of natural forests in the Central Highlands are not allowed to be open to commercial projects, said Prime Minister Nguyen Xuan Phuc.
IFC, a member of the World Bank Group, and the Singapore-based Armstrong S.E. Clean Energy Fund have announced investments in the Gia Lai Electricity Joint Stock Company (GEC).
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
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.