French Development Agency lends 74.7 million EUR to EVN’s hydropower project
Hanoi (VNA) – The Vietnam Electricity Group (EVN) on June 29 signed a credit agreement with the French Development Agency (AFD) on a loan of 74.7 million euros (82.6 million USD) to develop the expanded Ialy hydropower plant in the Central Highland province of Gia Lai.
Vietnam, Laos enjoy flourishing trade ties
Hanoi (VNA) – The special Vietnam – Laos friendship has been growing unceasingly across the board in the recent past, including in trade, which has been developing in an increasingly substantive manner.
Mainstream to buy stake in 405MW Vietnamese solar
Mainstream Renewable Power is to acquire an 80% shareholding in Vietnamese outfit Technology and Development Joint Stock Company, which has a 405MW portfolio of solar projects in the Dak Nong province of central Vietnam.
Vietnam’s largest Waste-to-Energy Plant Nears Completion
The Soc Son Waste-to-Energy (WTE) project in Nam Son Waste Treatment Complex was approved by Hanoi’s administration in late 2017 with a total investment of VND7 trillion ($303 million).
Power plan revised to render market more competitive
The government this month requested the Ministry of Industry and Trade to review and re-submit the Power Development Plan VIII as the scheme is geared towards speeding up establishment of a competitive electricity market.
Sustainable Vietnam-Based Denim Factory Runs On Renewables, Builds An Inclusive Workplace
Based in Ho Chi Minh City, Vietnam, denim factory Saitex runs completely on renewable energy sources with a recycling system on-site and recently launched a new production line in an effort to include differently-abled people and people from disadvantaged backgrounds into the mainstream fashion workforce.
Strong Winds to Spin Power Turbines for Vietnam, Laos
TOKYO, Japan, June 22, 2021 (ENS) – Japan’s Mitsubishi Corporation has just boosted development of what will be Southeast Asia’s largest onshore wind farm in southern Laos, by announcing a major investment in the project. Power from the wind farm will be sold to Vietnam Electricity, the state-owned electric power company under a 25 year agreement.
Vietnam Issues Preferential Tariffs, Rules of Origin Guidelines for UKVFTA
As the UK-Vietnam free trade agreement (UKVFTA) took effect on May 1, Vietnam has been issuing several regulations to implement the free trade agreement. Investors should be aware of the implementing decrees to take advantage and reduce costs if trading goods between the two countries.
