The conference featured Prime Minister Pham Minh Chinh, and top government officials, including minister of Planning and Investment Nguyen Chi Dung and minister of Industry and Trade Nguyen Hong Dien. The 2.2GW Son My 2 CCGT power plant will be located in Binh Thuan province. The $1.8 billion plant will have a 20-year contract with the Vietnamese government. Speaking at the conference, Joseph Uddo, president of AES Vietnam said, “The investment policy for Son My 2 CCGT power plant marks a significant milestone enabling us to move ahead with the project. “We are honoured to receive the approval in this significant event today on the action plan to implement Resolution No. 26-NQ/TW of the Politburo, recognising the importance of the power plant project in ensuring energy security, promoting international investment and the socioeconomic development of Vietnam.” Son My 2 complements AES’ investment plans in gas infrastructure in the country and the … [Read more...] about AES receives investment policy for Son My power plant
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AES receives Investment Policy Decision for 2.2 GW Son My 2 CCGT plant in Vietnam
The conference featured Prime Minister Pham Minh Chinh, and top government officials, including minister of Planning and Investment Nguyen Chi Dung and minister of Industry and Trade Nguyen Hong Dien. The 2.2GW Son My 2 CCGT power plant will be located in Binh Thuan province. The $1.8 billion plant will have a 20-year contract with the Vietnamese government. Speaking at the conference, Joseph Uddo, president of AES Vietnam said, “The investment policy for Son My 2 CCGT power plant marks a significant milestone enabling us to move ahead with the project. “We are honoured to receive the approval in this significant event today on the action plan to implement Resolution No. 26-NQ/TW of the Politburo, recognising the importance of the power plant project in ensuring energy security, promoting international investment and the socioeconomic development of Vietnam.” Son My 2 complements AES’ investment plans in gas infrastructure in the country and the … [Read more...] about AES receives Investment Policy Decision for 2.2 GW Son My 2 CCGT plant in Vietnam
Dragon fruit prices triple after China resumed border trading
Dragon fruit grown in Long An Province. VNA/VNS Photo Red-fleshed dragon fruit is being sold at around VND38,000 per kg and white-fleshed dragon fruit VND25,000 per kg, triple the price from the same period last year, after China eased trade restrictions related to COVID-19. At farms in Cho Gao District in Tien Giang Province, the price of red-fleshed dragon fruit is VND38,000 per kg (for type 1 – the best quality); VND28,000-32,000 (for type 2); and VND23,000-25,000 (for type 3). In Binh Thuan Province, the price of white-fleshed dragon fruit is between VND18,000-25,000 per kg, also triple from the same period last year. A leader of the Thuan Tien Cooperative in Binh Thuan Province’s Ham Thuan Bac District said China is Viet Nam’s main export market, accounting for 90 per cent of dragon fruit exports, so when it resumed border trading, it helped increase prices. Since January, Chinese customs has no longer required goods to be tested for COVID-19 at border gates with Viet … [Read more...] about Dragon fruit prices triple after China resumed border trading
Food and beverage cooperatives seize new opportunities amid economic difficulties
Some food and beverage products from a cooperative in Ben Tre Province attract consumers.— Photo vnbusiness.vn After the Lunar New Year holiday, many cooperatives, especially those in the food and beverage (F&B) sector, have accelerated their production to fulfil domestic and export orders. Ly Hong Tien, Director of Hau Giang Xanh Cooperative in Hau Giang Province, told vnbusiness.vn that thanks to the links her cooperative has established with distributors, it was completing many orders of processed that lat fish to serve local demand and that for exports. According to experts, though economic difficulties would continue in 2023, there remained untapped business opportunities for small firms and cooperatives in the F&B industry. Experts said that when an economy was unstable, investors intended to return to industries with high demand as the F&B sector is an essential industry. A recent report by iPOS.vn said that Viet Nam had around 338,600 restaurants and … [Read more...] about Food and beverage cooperatives seize new opportunities amid economic difficulties