Wind turbines at a farm in Ninh Thuan province. (Photo courtesy of Dang Quoc Bao)
Ninh Thuan (VNS/VNA) - Technical operation for 16 wind turbines began ata wind-power farm in the south-central province of Ninh Thuan on May 2.
The turbines will supply 179 million kilowatts per hour (kWh) of electricityper year from the second half of this year.
A source from Trung Nam Group told Viet Nam News that the 16 wind turbines,which were built at the solar-wind power farm complex in the province fromearly this year, were technically qualified in a trial operation on May 2.
The 16-turbine second stage of the project, designed with a capacity of 64Megawatts (MW), will supply renewable energy for the national grid later thisyear.
According to the group, 17 wind turbines were built in the first stage, whichwas completed last April, designed with 40MW to supply 110 million kWh per yearfor the national grid.
It said the wind-power project, which was invested with total capital of 600million USD in three stages, promises to provide more green energy sources forthe country.
A 12-wind turbine farm with 48MW capacity will start construction in the thirdquarter this year.
Trung Nam said it had been speeding up the construction of a solar powerproject with a total capacity of 450MW.
It is expected that the solar-wind power farm complex will supply a total 950million kWh per year for the country’s grid.
To date, Ninh Thuan has approved 13 wind power projects with a designedcapacity of 680MW. Of the total, three are already operational./.
The offshore Bac Lieu wind power plant in Bac Lieu city of the southern province of the same name celebrated its 1 billionth kWh with a ceremony on March 6.
The Ministry of Industry and Trade has issued a document requiring the development of wind power projects to obey the National Electricity Development Master Plan.
The People’s Committee in the central coastal province of Quang Binh had asked B&T Windfarm JSC to complete investment procedures in order to start the construction of a wind farm cluster no later than October 10 this year, according to the provincial portal.
Vietnam attracted 12.33 billion USD in foreign direct investment (FDI) in the first four months of 2020, a year-on-year decrease of 15.5 percent due to the impact of the COVID-19 pandemic, according the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
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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.
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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.