Ninh Thuan’s first solar power plant connected to national grid
BP Solar 1 solar power plant in the south central province of Ninh Thuan was inaugurated on January 20, becoming the first Vietnamese constructed project to get connected to the national grid so far.
BP Solar 1 solar power plant becomes the first Vietnamese constructed project to get connected to the national grid so far. (Photo: VNA)
Ninh Thuan (VNA) – BP Solar 1 solar power plant in the southcentral province of Ninh Thuan was inaugurated on January 20, becoming thefirst Vietnamese constructed project to get connected to the national grid sofar.
Work on the 62-hectare plant started in June 2018 at a total cost of more than1.31 trillion VND (56.32 million USD). The project, including transmissionlines and transformation stations, was designed to generate some 74.45 millionKWh per year.
According to Chairman of the provincial People’s Committee Luu Xuan Vinh, theplant’s construction was completed earlier than the set plan, showing the determinationand capacity of its investor- the BP Solar Join Stock Company.
He hoped that other investors of solar power projects will accelerate theirwork to connect to the national grid soon, making Ninh Thuan a renewable energycentre of the country.
Vinh also expressed his wish that the investors will pay due attention tocreating jobs for local people a as well as implementing social welfarepolicies to improve local livelihoods.
To date, Ninh Thuan province is home to 25 solar power projects approved by thePrime Minister and the Ministry of Industry and Trade. The province is expectedto attract capital to develop solar power projects with a total capacity of3.912 MW between now and 2030.-VNA
Four wind power projects are scheduled to be completed in the south central province of Ninh Thuan by the end of 2018, according to the provincial People’s Committee.
The central province of Ninh Thuan is speeding up the construction of wind and solar power plants in order to generate commercial electricity as scheduled.
Vietnam has been urged to reduce its use of coal-fired energy and develop renewable energy to proactively respond to climate change and ensure energy security, heard a panel discussion of the Vietnam Economic Forum 2019 in Hanoi on January 17.
Vietnam’s solar power plants are facing a crisis in consumption of their electricity because there has not been synchronous development of power transmission infrastructure or a suitable operation mechanism.
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.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
BP Solar 1 solar power plant becomes the first Vietnamese constructed project to get connected to the national grid so far. (Photo: VNA) 
