The project is located in Ba Tri district. The construction of the green hydrogen plant is expected to start in late June and start a trial run in the first quarter of 2023. It marks the first green hydrogen project in Vietnam. The plant is expected to generate 24,000 tonnes of green hydrogen initially with an annual capacity of 150,000 tonnes of ammonia and 195,000 tonnes of oxygen. Later, the annual production capacity is expected to be 60,000 tonnes of green hydrogen, 375,000 tonnes of ammonia, and 490,000 tonnes of oxygen, which is more than double the capacity. The project is suitable for Vietnam’s policy to boost its clean energy usage and hence work on reducing its dependency on coal. Vietnam, a regional manufacturing powerhouse, wants to nearly double its total installed power generation capacity to 146,000MW by 2030 and prioritise using renewable energy while reducing dependency on coal. By Ha Vy … [Read more...] about TGS Green Hydrogen to develop new plant for nearly $850 million
Plants project ideas
Green Tourism – An ideal way to spread Muong ethnic culture
That is the statement of Le Quoc Thinh, Director of Cuc Phuong Tourism Services Joint Stock Company (Vedana Resort) when introducing events aiming at promoting Cuc Phuong and Ninh Binh tourism after a long period of shutdown due to COVID-19. According to Chairman of Nho Quan district People’s Committee Hoang Khac Tiep, “Nho Quan is endowed with many historical relics and landmarks such as Van Trinh cave, Yen Quang lake, Dong Chuong lake, Cuc Phuong hot mineral water.” In particular, with the natural reserve area and new-stone-age cultural relics, Cuc Phuong National Park has received the title of Asia's leading national park for two consecutive years (2019, 2020) rated by World Travel Awards. It is worth mentioning that Nho Quan has nearly 30,000 ethnic people living in Muong villages. The strategy set by the district is to exploit existing indigenous cultural elements to combine with the trend of ecotourism, which is thriving in Ninh Binh province. Tourists have opportunities to … [Read more...] about Green Tourism – An ideal way to spread Muong ethnic culture
Companies from China and India temped to move to Vietnam
Vietnam’s skilled workforce, optimistic economic outlook, and competitive wage prices are among the factors drawing foreign investors’ attention to the country. An estimated 21% of Indian companies that have operations in Southeast Asia or expect to do so in the future show their plan to expand their businesses in Vietnam in the next two years. Whilst, 26% of Chinese corporates in Vietnam are looking to prioritize growth here over the next two years. Car production at Thanh Cong Hyundai Plant. Photo: Viet Dung These are some of the key findings from HSBC Navigator: SEA in Focus , which surveyed more than 1,500 companies from six of the largest economies in the world, including China, France, Germany, India, the UK, and the US – all of which have operations in Southeast Asia or have plans to do so in the future. The survey gauges their sentiment on doing business in Southeast Asia, with a particular focus on trade, digitization, and sustainability. … [Read more...] about Companies from China and India temped to move to Vietnam