Texas power plants

At present, under Decision 13/2020, the solar projects licensed prior to November 23, 2019 and put into commercial operation prior to December 31, 2020 will still enjoy the FIT (feed in tariff) mechanism. Other projects will obtain electricity sale contracts through bidding. Prior to that, in a document to the government last April, MOIT suggested three bidding solutions: bidding in accordance with projects; bidding at transformer stations; and bidding to choose investors for specific projects with the large scale of over 100 MW. … [Read more...] about Vietnam considers bidding on solar power prices

Nguyen Manh Hung, president of the Vietnam Standard and Consumers Association, said the new models would benefit up to 30 per cent of consumers with high electricity consumption. Consumers must decide what model pricing that fit their needs and give them higher savings. … [Read more...] about MoIT consider single pricing model for power tariff

The local carmaker has invested VNĐ17.478 trillion (US$773 million) to build an agricultural and forestry industrial park, the expansion of the Thaco-Chu Lai Mechanical Automotive Industrial Park, the new wharf at Chu Lai-Trường Hải Port and residential quarters for workers in Quảng Nam Province’s Chu Lai Open Economic Zone (OEZ).    … [Read more...] about New Peugeot manufacturing plant debuts in Quảng Nam

Toss users in Viet Nam will be able to apply for and get a virtual card on the Toss app with eKYC solutions from CIMB, and enjoy their daily activities with rewards on a single platform. The integration of various utilities on the same platform makes things very convenient for users. … [Read more...] about CIMB tie-up with Toss brings first-of-its-kind fintech product to Viet Nam

World-famous Samsung Electronics is reported to plan to move its PC production from China to Vietnam to lower costs and stay competitive in the PC business. The company could close its factory in China as soon as this month and convert part of the facility into a research and development (R&D) centre. A spokesman said the move to shut the Chinese plant was based on the need to find a cost advantage. Meanwhile, LG Electronics is developing a new R&D centre in Vietnam as part of efforts to expand its presence in the market. During a recent meeting between Prime Minister Nguyen Xuan Phuc and RoK companies, LG reportedly confirmed the plan. The company already has an R&D centre focused on its vehicle component solutions business in Hanoi. LG said it is currently looking for potential sites in Vietnam but it has yet to confirm detailed plans. … [Read more...] about RoK tech titans tracking cost advantage