Da Nang (VNA) - The central city of Da Nang is set to build the first solar farm in the country that could connect to the national grid as early as the first quarter of 2018, project officials said. They said that the project is part of the city’s efforts to develop renewable energy and promote ‘green growth’ in the 2017-18 period. The farm will be built on 6.7ha of the closed Khanh Son Landfill in Lien Chieu district at a cost of 112 billion VND (nearly 5 million USD). It will have a capacity of 4.4MWp (megawatts photovoltaic), helping reduce nearly 5,000 tonnes of carbon emissions each year. According to the Bach Khoa Solar Power Investment and Development JSC, the project owner, the solar farm will supply 7.7 million kWh (kilowatt per hour) per year to the city’s power grid. In April this year, Prime Minister Nguyen Xuan Phuc issued a decision on pricing that aims to encourage the development of solar power projects. The Decision 11/2017/QD-TTg, which … [Read more...] about Da Nang to develop nation’s first solar farm
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Hanoi (VNA) –Vietnam’s aquatic product exporters are being hit hard by the impacts of COVID-19, but there are still opportunities for domestic businesses despite the gloomy outlook, experts have said. They explained that the new coronavirus epidemic will hinder aquatic product exports from China – the world’s largest supplier with value exceeding 20 billion USD in 2017, thus leading to a global shortage. As a result, Vietnamese fishery businesses should take this chance to diversify their markets, they suggested. Moreover, the EU-Vietnam Free Trade Agreement (EVFTA), which was ratified by the European Parliament on February 12, 2020, is expected to facilitate Vietnam’s export of aquatic products. After the pact comes into force, taxes imposed on some processed seafood products like oyster, cuttlefish and octopus will drop from 20 percent to zero. The zero percent tariff will also be applied to frozen cuttlefish, octopus, surimi, … [Read more...] about Aquatic product exporters seek ways to overcome COVID-19 impact
Vietnam export growth brings risk of charge of currency manipulation Increasing exports to the US, Vietnam is a step closer to the risk of alleged monetary manipulation as US President Trump tries to reach a trade agreement with China at a negotiation round this October. … [Read more...] about What if the US no longer considers Vietnam a ‘developing country’?
This move to expand into new markets such as the EU will serve to help large seafood export businesses in Phu Yen overcome difficulties they face as a result of the "yellow card" imposed by the European Commission (EC). Furthermore, it will also help them seek new customers from markets such as the United States, the Middle East, and other countries. … [Read more...] about EVFTA sets strict requirements on origin traceability for seafood businesses
Lê Thành Bình checks the first strawberry plot at the Việt Phú Farm in Đà Nẵng City. The farm was built on an aware dump in a community in Sơn Trà District. — VNS Photo Công Thành … [Read more...] about Safe farm develops from polluted dump