T&T Group, US partner reach deal in renewable energy in Vietnam
The T&T Group on September 21 signed several MoUs and contracts with US partners within the framework of President Nguyen Xuan Phuc’s working trip to the US.
At the signing ceremony between firms of Vietnam and the US (Photo: VNA)
Hanoi (VNA) – The T&T Group on September 21signed several MoUs and contracts with US partners withinthe framework of President Nguyen Xuan Phuc’s working trip to the US.
The Vietnamese firm inked an MoU with UPC Renewables on working together inoffshore and nearshore wind and solar power projects in several provinces in Vietnam with a combined capacity of nearly 1,500 MW and total investment of about 2.5billion USD.
T&T Group also sealed two deals in buying animal feed materialstotalling 525 million USD.
Accordingly, its agricultural arm T&T Agri willimport 1.25 million tonnes of materials worth 450 million USD from The Delong Company next year. The other is an agreement in principle valuing at 75 million USD peryear also between T&T Agri and US firm Valero.
Meanwhile, the group's pharmaceutical arm, T&T Pharma reached a deal worth 23 million USD to be the sole distributor of Nutraceuticals dba Au Naturel, Inc for five years.
The deal followed numerous contracts that T&T Pharma had earlier reached with European partners inclinical trial, procurement and technology transfer for the production of COVID-19vaccine and Real Time RT-CPR test kits./.
The Vietnam Sustainable Energy Alliance (VSEA) raised concerns over the draft of the National Power Development Plan for the 2021 - 2030 period (PDP VIII).
The International Renewable Energy Expert, a local solar power cell producer, has introduced the first made-in-Vietnam Agri-PV (Agriculture photovoltaic module) for dual-use solar energy agriculture projects in domestic and export markets.
President Nguyen Xuan Phuc had meetings with many foreign leaders and World Bank Group (WB) President David Malpass shortly after he arrived in New York on September 21 (local time) for the General Debate of the UN General Assembly’s 76th session (UNGA 76).
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.
At the signing ceremony between firms of Vietnam and the US (Photo: VNA) 
