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Vietnam home to nearly 50,000 rooftop solar projects

There are some 50,000 operational rooftop solar projects around Vietnam with a combined capacity of about 1,200 MWp, Electricity of Vietnam (EVN) has revealed.
Vietnam home to nearly 50,000 rooftop solar projects ảnh 1There are some 50,000 operational rooftop solar projects around Vietnam (Illustrative photo: VNA)

Hanoi (VNA) -🦋 There are some 50,000 operational rooftop solar projects aroundVietnam with a combined capacity of about 1,200 MWp, Electricity of Vietnam (EVN)has revealed.

Ofthese, 25,700 with 758.2 MWp were installed in the first eight months of 2020. EVNreported that the sector generated and imported a total of 164.05 billion kWh fromJanuary-August, a year-on-year rise of 2.01 percent. Ofthis, hydropower produced 39.03 billion kWh, down 12.75 percent against the sameperiod last year, and coal-fired plants 88.87 billion kWh, up 11.66 percent. Meanwhile,24.96 billion kWh was generated by gas-fuelled plants and 1.04 billion kWh byoil-fired plants, respectively. Electricityproduced from renewable sources totalled 7.27 billion kWh. Some 6.39 billionkWh was from solar energy alone, surpassing the target and up 2.94-foldcompared to the same period of 2019. Notably,the proportion of customers using cashless payments for electricity bills stoodat 61.5 percent in August./.
VNA

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A motorbike production line of Honda Vietnam — a Japanese company located in Phu Tho province. (Photo: VNA)

꧂ Phu Tho emerges as FDI magnet following mergence

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.
Infraction levels will correspond to fines of 1-80 million VND, depending on the nature and number of invoicing violations. (Photo: vietnamfinance.vn)

ꦜ Maximum fine of 3,000 USD proposed for violating invoice regulations

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.
At the strategic partnership signing ceremony between Sun PhuQuoc Airways and Amadeus. (Photo: Sun Group)

❀ Sun PhuQuoc Airways enters strategic partnership with Amadeus to build a five-star aviation technology ecosystem

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.
A local resident makes a bank transfer using the Momo app. (Photo: VNA)

🍨 Banks accelerate digitalisation, non-cash payments

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.
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