Construction began on the Nghi Son 2 Thermal Power Plant at the Nghi Son Economic Zone in the central province of Thanh Hoa on September 18.
The plant is being built at a total cost of 2.3 billion USD, with 25 percent contributed by a joint venture between Japan’s Marubeni Group and the Republic of Korea Electric Power Corporation (Kepco) and the remaining coming from foreign banks.
It will use the world’s most cutting-edge technologies to ensure productivity and cut coal losses and emissions.
Included in the master plan of the Nghi Son Power Centre, the project, together with the 600MW Nghi Son 1 Power Plant, forms part of the national power development plan during the 2011-2020 period with a vision towards 2030 approved by the Prime Minister.
The 1,200 MW plant includes two turbines with the first scheduled to be operational in September 2019 and the second in March a year later, expected to churn out a total of 8 KWh annually.
To ensure the project’s progress, the provincial People’s Committee has promptly addressed issues regarding land clearance, electricity and water supply, and ensuring security at the construction site.-VNA
The Ministry of Industry and Trade (MoIT) has issued Circular No. 23/2015/TT-BCT regulating procedures for investing in thermal electricity plant projects in Vietnam under the form of build-operate-transfer (BOT).
The construction of the Song Hau 1 Thermal Power Plant started on May 16 with a ground-breaking ceremony in Chau Thanh district, the Mekong Delta province of Hau Giang launched by Prime Minister Nguyen Tan Dung.
The Ministry of Industry and Trade (MoIT) on July 18 announced the start of work on the construction of the Vinh Tan 1 thermoelectricity in central Binh Thuan province.
Prime Minister Nguyen Tan Dung attended a ceremony to inaugurate the Vung Ang 1 Thermal Power Plant in Ky Anh district, the central province of Ha Tinh on September 17.
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.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Illustrative photo. (Photo: VNA)
