Alongside that, the resolution also stressed on developing fast gas-fired electricity using liquefied natural gas (LNG), making electricity and gas gradually become an important power supply, supporting the regulation of the system. Furthermore, it calls for oil refineries to meet at least 70 per cent of domestic demand for refined petro products. It also touches on developing infrastructure to be able import eight billion cubic metres of LNG annually by 2030. … [Read more...] about Energy strategy fit for private backers
Crescent dunes solar energy project jobs
Binh Dinh approves wind farms
Hanoi (VNA) - The Ho Chi Minh City-based Fico JSC has been given initial approval from the Binh Dinh Economic Zone (EZ) Authority to develop two wind power plants in the Nhon Hoi EZ. Spanning 175ha, the Nhon Hoi 1 wind power plant would have a capacity of 30MW annually, and would cost more than 1.32 trillion VND (56.7 million USD) to build, according to the provincial portal. The 30MW Nhon Hoi 2 wind power plant, with an estimated cost of nearly 1.25 trillion VND (54 million USD), would cover 200ha. The two plants are slated for completion in September 2021. The investor would have its approval revoked if it failed to implement the projects within a year, according to the province. Last year, the central province of Binh Dinh granted investment licences to 83 domestically-financed projects with total registered capital of more than 48 trillion VND. Of the total, 10 projects worth 30 trillion VND were in the Nhon Hoi EZ./. … [Read more...] about Binh Dinh approves wind farms
From wood processing to noodles: Phu Tho boosts rural industry
With the help of industry promotion funding, rural industrial facilities continue to expand production and access modern equipment To encourage the development of local industries and crafts, industry promotion authorities have helped in the opening of new businesses, application of advanced technologies in production, the building of technical demonstration models, developing and registering trademarks for rural industry products, and selecting outstanding rural industry products for certification at regional and national levels. … [Read more...] about From wood processing to noodles: Phu Tho boosts rural industry
Vietnam treasures relationship with US
Head of the Party Central Committee’s Economic Commission Nguyen Van Binh made the statement during a reception in Hanoi on February 25 for US Deputy Assistant Secretary of the Treasury for Asia Robert Kaproth. Binh rejoiced over the substantial and effective development of Vietnam – US comprehensive partnership over the past years, especially in the context of the 25th anniversary of the normalized bilateral diplomatic ties this year. … [Read more...] about Vietnam treasures relationship with US
PM calls for greater efforts to ensure disease control, economic development
Council members laid stressed on continued administrative reform, and drastic measures taken to boost production and trade as well as domestic demand. They proposed credit support for businesses which are adversely affected by the COVID-19 epidemic, and projects on energy, infrastructure, processing, high-tech agriculture and information-technology. … [Read more...] about PM calls for greater efforts to ensure disease control, economic development
