Tra Vinh province calls for investments in eight wind power projects

By Tri Duc
Thu, May 9, 2024 | 3:03 pm GMT+7

Vietnam’s Mekong Delta province of Tra Vinh is calling for investments in eight wind power projects with a total capacity of 464 MW, part of its investment promotion program for 2024.

The projects are located in Duyen Hai district and Duyen Hai town. Duyen Hai district will be home to the 48-MW Dong Hai 3 wind power plant, 96-MW Duyen Hai 2 wind power plant, 48-MW phase 2 of V1-1 Tra Vinh wind power plant, and 48-MW Long Vinh wind power plant.

The projects in Duyen Hai town are the 48-MW expansion of V1-2 wind power plant, 48-MW phase 2 of V1-3 wind power plant, 80-MW phase 2 of V1-5 and V1-6 wind power plants, and 48-MW wind power plant No.3.

A wind power plant in Tra Vinh province, southern Vietnam. Photo courtesy of Truong Thanh Vietnam Group.

A wind power plant in Tra Vinh province, southern Vietnam. Photo courtesy of Truong Thanh Vietnam Group.

All projects adhere to the provincial master plan, and the latest power development plan VIII (PDP VIII), Tra Vinh authorities said.

Tra Vinh boasts renewable energy potential of 14,452 MW, including 13,424 MW of wind power, thanks to its long coastline of 65 kilometers, according to the provincial master plan.

Currently, Tra Vinh is home to nine wind power projects, of which five totalling 322 MW are operational and four are under construction.

Comments (0)
  • Read More
Vietnamese businesses able to leverage e-commerce, overcome market challenges: experts

Vietnamese businesses able to leverage e-commerce, overcome market challenges: experts

Amidst the rapid expansion of low-cost Chinese e-commerce platforms like Temu, 1688 and Taobao, several Vietnamese businesses have managed to hold their own, showing how e-commerce can be leveraged to achieve success, experts say.

Finance - Wed, November 6, 2024 | 11:09 am GMT+7

Vietnam’s Eximbank seeks to move headquarters to Hanoi after ownership changes

Vietnam’s Eximbank seeks to move headquarters to Hanoi after ownership changes

Eximbank, among the leading mid-sized banks in Vietnam, has announced a plan to move its head office from Ho Chi Minh City, the largest economic hub in the south, to Hanoi after recent changes in shareholders.

Banking - Wed, November 6, 2024 | 10:41 am GMT+7

Coffee trading floor should be set up in Vietnam Central Highlands for risk management: experts

Coffee trading floor should be set up in Vietnam Central Highlands for risk management: experts

A coffee trading floor should be set up soon to set price benchmarks and manage market risks, experts said Sunday at a workshop.

Economy - Wed, November 6, 2024 | 8:18 am GMT+7

State utility EVN proposes trial of two-tier electricity pricing model

State utility EVN proposes trial of two-tier electricity pricing model

State utility Vietnam Electricity (EVN) has proposed piloting a two-tier electricity pricing mechanism for some customer groups before it is expanded nationwide starting January 1, 2025.

Economy - Tue, November 5, 2024 | 8:16 pm GMT+7

Registered FDI in Vietnam rises 1.3% in to $27.3 bln in Jan-Oct

Registered FDI in Vietnam rises 1.3% in to $27.3 bln in Jan-Oct

Registered foreign direct investment (FDI) in Vietnam totaled $27.26 billion in the first 10 months of this year, up 1.9% year-on-year, according to the Ministry of Planning and Investment.

Economy - Tue, November 5, 2024 | 5:35 pm GMT+7

Thailand’s Krungsri aims to wholly acquire Hanoi-based SHBFinance soon

Thailand’s Krungsri aims to wholly acquire Hanoi-based SHBFinance soon

Bangkok-domiciled Krungsri, officially known as Bank of Ayudhya Public Company Limited, has offered to acquire the remaining 50% stake in SHBFinance from private lender SHB before their initially agreed timeline.

Finance - Tue, November 5, 2024 | 4:23 pm GMT+7

LG Electronics to expand R&D operations in Vietnam to in-vehicle infotainment

LG Electronics to expand R&D operations in Vietnam to in-vehicle infotainment

LG Electronics is strengthening its research and development (R&D) capabilities in Vietnam and will expand its local research program into vehicle components, webOS platform, and home appliances.

Companies - Tue, November 5, 2024 | 3:28 pm GMT+7

BIDV cuts selling price of construction major’s mortgaged assets to $174 mln

BIDV cuts selling price of construction major’s mortgaged assets to $174 mln

State-controlled BIDV, a “Big 4” lender in Vietnam, has slashed the auction price of mortgaged assets held by Tai Nguyen Construction and Trading Company to VND4.41 trillion ($174.4 million).

Finance - Tue, November 5, 2024 | 3:16 pm GMT+7

Vietnam developer Novaland denies involvement in violations at Central Highlands property project

Vietnam developer Novaland denies involvement in violations at Central Highlands property project

Real estate major Novaland asserted on Monday that it was neither aware of nor involved in any violations of the law by its partner or other parties concerned in a Central Highlands eco-resort and urban area project.

Companies - Tue, November 5, 2024 | 2:36 pm GMT+7

Vietnam central bank likely to raise interest rates in Q2 next year: StanChart

Vietnam central bank likely to raise interest rates in Q2 next year: StanChart

The Vietnamese central bank is forecast to lift interest rates by 50 basis points in Q2/2025 due to a pickup in inflation, a Standard Chartered economist has said.

Economy - Tue, November 5, 2024 | 2:01 pm GMT+7

Chinese e-commerce giant Temu receives tax code, still unlicensed

Chinese e-commerce giant Temu receives tax code, still unlicensed

Temu, the e-commerce platform under China’s PDD Holding, has been given tax identification number 9000001289 for its tax duty in Vietnam, says the General Department of Taxation (GDT) under the Ministry of Finance.

Companies - Tue, November 5, 2024 | 12:05 pm GMT+7

Korea soju producer HiteJinro targets annual output of 70 mln liters in Vietnam

Korea soju producer HiteJinro targets annual output of 70 mln liters in Vietnam

South Korea's HiteJinro, a leading producer of traditional alcoholic beverage soju, targets an annual output of 70 million liters of soju and fruit-flavored soju under the Jinro brand for its to-be-built factory in Vietnam.

Industries - Tue, November 5, 2024 | 10:13 am GMT+7

Vietnam stock market may receive $9 bln from overseas funds once upgraded: Morgan Stanley

Vietnam stock market may receive $9 bln from overseas funds once upgraded: Morgan Stanley

International funds may pour up to $9 billion into Vietnamese equities once Vietnam’s stock market status is upgraded from a frontier to an emerging market, says a Morgan Stanley representative.

Finance - Tue, November 5, 2024 | 9:33 am GMT+7

Vietnam oil & gas sector’s Q3 profits up for upstream firms, down for downstream firms

Vietnam oil & gas sector’s Q3 profits up for upstream firms, down for downstream firms

Upstream oil and gas companies in Vietnam reported robust profit growth in the third quarter of this year, but downstream peers were hit by declining oil prices.

Companies - Tue, November 5, 2024 | 8:01 am GMT+7

Indonesia targets comprehensive fuel subsidy scheme reform

Indonesia targets comprehensive fuel subsidy scheme reform

Indonesian Energy Minister Bahlil Lahadalia has said the country is conducting a thorough exercise to reform its fuel subsidy scheme.

Southeast Asia - Mon, November 4, 2024 | 10:50 pm GMT+7

Tech companies invest in data centers in Thailand

Tech companies invest in data centers in Thailand

Thailand’s Board of Investment (BOI) has approved investment support for two large data centre projects in the country worth over THB60 billion ($1.7 billion).

Southeast Asia - Mon, November 4, 2024 | 10:49 pm GMT+7