Vietnam's Mekong Delta offers significant potential for biomass power generation: Erex exec
The Mekong Delta region's abundance of straw and rice husks provides an affordable and sustainable resource for biomass power generation, says Tomoki Kakuta, CEO of Erex Group.
Kakuta made the statement at the Mekong Connect 2024 press meeting, held Tuesday in An Giang province, which connects the Mekong Delta provinces and Ho Chi Minh City.

Tomoki Kakuta, CEO of Erex Group. Photo courtesy of Erex.
Kakuta said that the Mekong Delta is Vietnam's largest rice-producing region, generating significant quantities of straw and rice husks - ideal materials for biomass energy production.
"Biomass power plants have input costs that are only half those of coal-fired plants, while also generating sufficient electricity to meet local and regional needs," Kakuta noted.
This source of power aligns with Vietnam’s commitments to reducing CO2 emissions under its sustainability roadmap, he added.
Erex, a Japanese corporation specializing in biomass-based fuel production and power generation, in October kicked off the construction of two biomass power plants in Vietnam’s northern provinces of Tuyen Quang and Yen Bai.
Construction of the two power plants is set to take 2.5 years. Each can consume 500,000 tons of wood residue as fuel yearly. Each of the two facilities has an annual capacity of 50 MW and selling prices of 8.47 U.S. cents per kWh.
The two power plants are part of Erex’s plan to build nearly two dozen biomass power plants in Vietnam, in line with the country’s national power development plan VIII (PDP VIII), towards net zero emission in 2050.
Erex is also building a biomass power plant in Hau Giang. The factory is expected to commence commercial operations by the end of 2024. It will deliver approximately 125 MW of electricity annually and contribute to energy security in Hau Giang and the broader Mekong Delta region.
The plant employs advanced technologies and uses rice husks as its primary input material, consuming around 130,000 tons annually. Erex is currently exploring the use of straw as an additional fuel source.
The group seeks collaboration with local agencies to identify and secure new sources of biomass fuel to support the sustainable operation of the facility.
An Giang's industrial production index increased by 10.41% in the first 11 months of the year, according to Nguyen Thi Minh Thuy, Vice Chairwoman of An Giang.
Cumulative export turnover exceeded $1.12 billion in the period, up 4.78%, she told the Mekong Connect 2024 press meeting.
The Mekong Connect Forum 2024 will take place on December 17-18 at An Giang University in Long Xuyen town, An Giang province. The event, themed "Promoting economic, trade, and technological cooperation in the Mekong Delta-HCMC and beyond, toward sustainable development in a competitive era," aims to foster growth and sustainability across the region.
- Read More
Why Vietnamese agricultural machinery major VEAM shares on sidelines of market rally?
While Vietnam’s stock market has surged in recent months, sending the benchmark VN-Index from around 1,090 points to nearly 1,700, state-controlled VEAM’s stock VEA has remained flat, trading sideways at around VND39,000 ($1.48) per share over the past year.
Companies - Mon, September 8, 2025 | 8:30 am GMT+7
New train helps tourists explore landmarks of Hanoi, Bac Ninh province
The Hanoi Train officially began operation on Saturday, offering visitors a new way to explore the capital’s landmarks and travel to Tu Son in Bac Ninh province.
Travel - Sun, September 7, 2025 | 8:20 pm GMT+7
Vietnam’s e-motorbike market enters stage of fierce competition
Vietnam’s electric motorbike market is entering a new phase of intense competition as domestic and foreign manufacturers are accelerating their expansion, diversify products, and invest heavily in infrastructure.
Companies - Sun, September 7, 2025 | 6:06 pm GMT+7
HCMC fast-tracks rail projects proposed by private conglomerates
The Ho Chi Minh City People’s Committee has asked municipal agencies to work with major private conglomerates to finalize investment plans for the railway projects they proposed.
Infrastructure - Sun, September 7, 2025 | 1:52 pm GMT+7
Vietnam's Finance Ministry targets 60% public investment disbursement by end-Q3
Vietnam’s public investment disbursement reached VND409.17 trillion ($15.49 billion) in the year to August 31, equal to 39.9% of the year's plan and 46.3% of the Prime Minister’s target, the Ministry of Finance (MoF) reported.
Economy - Sun, September 7, 2025 | 10:53 am GMT+7
Vietnam posts nearly $14 bln trade surplus in 8 months
Vietnam recorded a trade surplus of $13.99 billion in the first eight months of 2025, according to the General Statistics Office under the Ministry of Finance.
Economy - Sun, September 7, 2025 | 10:41 am GMT+7
S&P upgrades ratings of three Vietnamese banks, citing resilient economy
S&P Global Ratings has raised the long-term credit ratings of three major Vietnamese banks, reflecting the stronger resilience of the country’s financial system and continued above-average economic growth.
Banking - Sun, September 7, 2025 | 10:34 am GMT+7
Luong Nguyen Minh Triet appointed top leader of central Vietnam hub Danang
Luong Nguyen Minh Triet, deputy Party chief of Danang and Chairman of the municipal People's Committee, has been appointed the city's Party chief - the highest position in the locality.
Politics - Sun, September 7, 2025 | 9:53 am GMT+7
Sun Group aims to launch $2 bln casino-resort complex in northern Vietnam by 2032
Sun Group, one of Vietnam’s leading property developers, targets to complete its VND51.6 trillion ($2 billion) casino and resort complex project in the northern coastal province of Quang Ninh by 2032.
Real Estate - Sun, September 7, 2025 | 8:00 am GMT+7
Vietnam's industrial production on upward trend
Vietnam's industrial production index continued to rise in the first eight months of the year, with all 34 cities and provinces recording an increase.
Economy - Sat, September 6, 2025 | 10:20 pm GMT+7
Vietnam's leading industrial park developer Becamex IDC raises $75 mln in latest bond issuance
Becamex IDC (HoSE: BCM), a leading Vietnamese industrial park developer, has raised VND2 trillion ($75.4 million) in its latest bond issuance.
Finance - Sat, September 6, 2025 | 8:35 pm GMT+7
Vietnam's FDI capital disbursement hits five-year high amid global decline
Disbursed foreign direct investment (FDI) capital in Vietnam hit $15.4 billion in Jan-August, up 8.8% year-on-year, despite declining global investment flows, the Foreign Investment Agency (FIA) reported.
Economy - Sat, September 6, 2025 | 4:30 pm GMT+7
EVNNPT leader inspects 220kV substation project progress in central Vietnam
Pham Le Phu, CEO of EVNNPT, a subsidiary of state utility Electricity Vietnam (EVN), on Thursday inspected the construction of the 220kV Chan May Substation and its associated transmission line in the central city of Hue.
Companies - Sat, September 6, 2025 | 3:42 pm GMT+7
Vietnam’s gas transmission firm PV Gas SE: a journey of creation and pride
For over two decades, Petrovietnam Gas South East Transmission Company (PV Gas SE) has stood as a lasting symbol within Petrovietnam Gas Joint Stock Corporation (PV Gas) - one of the earliest-established units closely tied to the pioneering steps of Vietnam’s gas industry.
Companies - Sat, September 6, 2025 | 3:33 pm GMT+7
Politician Anutin Charnvirakul wins vote to become new Thai PM
Thailand’s Bhumjaithai Party leader Anutin Charnvirakul has secured enough votes to become the country's new Prime Minister.
Southeast Asia - Sat, September 6, 2025 | 10:55 am GMT+7
Vietnam’s sugar productivity maintains top regional spot
In the 2024-2025 crop, Vietnam maintained its position as the regional leader in sugar productivity, reaping 6.69 tons per hectare, outpacing other major producers such as Thailand, Indonesia, and the Philippines.
Companies - Sat, September 6, 2025 | 10:53 am GMT+7