Mekong Delta province Tra Vinh eyes 14,452 MW in wind power by 2030
Vietnam’s Mekong Delta province of Tra Vinh will prioritize the development of renewable energy, particularly 14,452 MW from wind power, according to its newly-announced plan for 2021-2030, with a vision to 2050.
Tra Vinh province announced the socio-economic development plan last Saturday, with the participation of Prime Minister Pham Minh Chinh, Minister of Planning and Investment Nguyen Chi Dung, Minister of Transport Nguyen Van Thang, and other top officials.
Prime Minister Pham Minh Chinh speaks at the announcement of Tra Vinh province's plan for 2021-2023 in Tra Vinh province, Vietnam's Mekong Delta, October 14, 2023. Photo courtesy of the government's news portal.
The plan features 19 locations for wind farms. The biggest ones are offshore Duyen Hai town with 5,000 MW; offshore Duyen Hai town and Duyen Hai district with 2,000 MW; and offshore Tra Vinh sea with 2,000 MW.
The plan also includes five under-construction power projects of 396 MW in the province, including the Tra Vinh 25-MW biomass power plant and four wind power plants of Duyen Hai, Dong Thanh 1, Dong Thanh 2, and Thang Long with capacities of 48 MW, 80 MW, 120 MW, and 96 MW, respectively.
Per the plan, renewable energy is a priority for the province, with the goal of transforming Tra Vinh into a clean energy hub of the Mekong Delta and ensuring energy security in the southern region.
Speaking at the event, PM Chinh advised Tra Vinh authorities on the implementation of the plan, including a focus on utilizing all resources, especially the public-private partnership model, streamlining administrative procedures, and investing in education-training for key sectors such as high-tech agriculture, renewable energy, logistics, and tourism.
Tra Vinh province's plan until 2030 also sets a major target of gross regional domestic product (GRDP) growth of 11.5%, driven by a 3.32% increase in agriculture-forestry-fisheries, 15.49% in construction-industry, and 10.81% in services. It also aims to raise the annual export revenue to $1.7-1.8 billion and its total investment to VND350-400 trillion ($14.3-16.4 billion).
Besides, Tra Vinh province plans to improve the rate of its trained workforce to 75%, and annual labor productivity growth of 11.65%, with 30,000 new jobs yearly.
- Read More
Golden Gate targets 200% profit hike as restaurant operator accelerates expansion
Vietnamese restaurant operator Golden Gate Group is targeting record revenue and a sharp rebound in profit in 2026 as the company accelerates expansion across its dining and beverage chains, including efforts to revive coffee brand The Coffee House.
Companies - Wed, June 3, 2026 | 8:00 am GMT+7
Masan Consumer showcases Vietnamese brands at THAIFEX 2026
Masan Consumer took part in THAIFEX – Anuga Asia 2026, one of Asia's largest food and beverage trade exhibitions, as the Vietnamese consumer goods company seeks to expand its international footprint and promote Vietnamese cuisine to global consumers.
Companies - Tue, June 2, 2026 | 5:12 pm GMT+7
Phu My Hung expands northern Vietnam footprint with eco-urban project near Hanoi
Taiwan-backed Phu My Hung is moving ahead with a large eco-urban project in Vietnam’s northern province of Phu Tho as the developer accelerates its expansion beyond Ho Chi Minh City.
Real Estate - Tue, June 2, 2026 | 4:19 pm GMT+7
HSBC provides sustainability-linked trade facilities to Vietnam's leading modern grocery chain Bach Hoa Xanh
HSBC Vietnam has provided short-term sustainability-linked trade facilities to Bach Hoa Xanh Trading JSC, one of Vietnam’s leading modern grocery chains owned by Mobile World Investment Corporation (HoSE: MWG).
Banking - Tue, June 2, 2026 | 3:09 pm GMT+7
Leading Vietnamese insurer Bao Minh targets $76 mln capital base by 2029
Bao Minh Insurance Corporation (BMI) plans to raise its charter capital to VND2 trillion ($75.96 million) by 2029 and maintain a minimum 15% dividend payout, executives said at the insurer's annual shareholder meeting in Ho Chi Minh City on Monday.
Finance - Tue, June 2, 2026 | 1:57 pm GMT+7
Vietnam's central bank to publish FX purchase, reserve data from 2027
The State Bank of Vietnam (SBV) has committed to publishing data on its foreign currency purchases and foreign exchange reserves starting in 2027, according to a joint statement issued by the Vietnamese central bank and the U.S. Treasury Department.
Banking - Tue, June 2, 2026 | 12:08 pm GMT+7
Antesco raises foreign ownership cap to 49% to attract international capital
Following its listing on the Ho Chi Minh Stock Exchange (HoSE), food processor An Giang Fruit-Vegetables & Foodstuff JSC (Antesco) is stepping up efforts to attract international investors through ESG initiatives and a higher foreign ownership limit.
Companies - Tue, June 2, 2026 | 11:11 am GMT+7
State-controlled Hai Phong Port eyes record profit as major port expansion restores market leadership
State-controlled Port of Hai Phong JSC (UPCoM: PHP) is targeting record earnings in 2026 after new deep-water terminals at Lach Huyen helped the company regain its leading position in the northern city of Hai Phong.
Companies - Tue, June 2, 2026 | 8:30 am GMT+7
Vietnam Education Publishing House promotes Vietnamese knowledge, culture abroad
Vietnam Education Publishing House has launched a “Vietnamese Bookshelf” at the Russia-Vietnam Cultural Center in St. Petersburg, marking a key event during “Vietnam Week” in the Russian city.
Companies - Tue, June 2, 2026 | 7:30 am GMT+7
Vietnam Manufacturing Purchasing Managers' Index hits record high since Feb
The S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) rose to 52.8 in May, up from 50.5 in April and reaching its highest since February, just before the outbreak of war in the Middle East.
Economy - Mon, June 1, 2026 | 8:19 pm GMT+7
Brewing Tomorrow: How Carlsberg Vietnam turns sustainability into everyday action at World Environment Day 2026
More than 150 volunteers from Carlsberg Vietnam, including senior leaders, employees, family members, local residents, and representatives from the Embassy of Denmark in Vietnam, joined a beach clean-up activity in Danang as part of the company’s World Environment Day 2026 program, reaffirming its long-term commitment to sustainability and environmental action in Vietnam.
Companies - Mon, June 1, 2026 | 7:20 pm GMT+7
Automakers in Vietnam back E10 gasoline rollout as biofuel goes nationwide
Major Japanese automakers and motorcycle manufacturers in Vietnam have confirmed that most of their vehicles are compatible with E10 biofuel gasoline, as the country has begun nationwide sale of the fuel in a push to reduce emissions and cut reliance on conventional fossil fuels.
Economy - Mon, June 1, 2026 | 4:44 pm GMT+7
VinFast partners with Nvidia, Autobrains to develop level-4 robotaxi system for Southeast Asia
VinFast, the EV arm of Vietnamese conglomerate Vingroup (HoSE: VIC), and AI mobility company Autobrains has announced a strategic collaboration for a next-generation level 4 program for Southeast Asia built on NVIDIA DRIVE Hyperion.
Companies - Mon, June 1, 2026 | 3:56 pm GMT+7
Samsung Thai Nguyen, TTC solar plant become first participants in Vietnam's direct power purchase mechanism
Samsung Electronics Vietnam Thai Nguyen (SEVT) and TTC Duc Hue 2 Solar Power Plant have become the first entities to operate under Vietnam's direct power purchase agreement (DPPA) mechanism through the national grid from June 1.
Companies - Mon, June 1, 2026 | 3:40 pm GMT+7
Aboitiz Foods, Grab seek to expand investments in green agriculture, digital economy in Vietnam
Philippine food and agribusiness group Aboitiz Foods and Southeast Asian technology company Grab are seeking to expand their investments and partnerships in Vietnam in areas including energy, agriculture-food, digital transformation, smart cities, and green transportation.
Economy - Mon, June 1, 2026 | 12:23 pm GMT+7
HCMC metro stations await commercial ecosystem despite growing ridership
More than a year after the launch of its first metro line, Ho Chi Minh City is still working to develop the commercial economic ecosystem that has underpinned the success of urban rail networks in cities like Tokyo and Hong Kong.
Economy - Mon, June 1, 2026 | 12:12 pm GMT+7




















