Located in Ba Ria-Vung Tau province’s Quang Thanh commune, the Gia Hoet 1 and Tam Bo solar power complex projects include two solar power plants. Both projects occupy water surfaces of 40 and 41 hectares respectively. Invested in and conducted by TOJI Group with a total capacity of 70MWp, it is the largest floating solar power complex in Southeast Asia. … [Read more...] about ABB supporting region’s biggest floating solar complex
Type of renewable energy
Nuclear power not under consideration for Vietnam at least for 10 more years
However, the institute has also pointed out some disadvantages of this type of power. The biggest problem is the high investment rate required, about $6,000 per kwh. There are requirements to cope with risks such as tsunamis and terrorism. … [Read more...] about Nuclear power not under consideration for Vietnam at least for 10 more years
Solar power capacity to be cut due to oversupply
"In addition to the households that install roofs for use, the rest want a stable policy to sell electricity to quickly recover capital. Therefore, for rooftop solar projects, it is necessary to have a separate sustainable mechanism to ease the users and investors’ concern. The Government and the Ministry of Industry and Trade should carefully calculate to not repeat the problems that arose in the past with a seamless policy," he said. … [Read more...] about Solar power capacity to be cut due to oversupply
Business environment needs strong Gov’t actions: VBF 2019
According to the European Chamber of Commerce in Việt Nam (EuroCham), Việt Nam is a very attractive destination for both domestic and foreign investors. Many European companies have chosen to come to Việt Nam and expanded their operation as much as they can. … [Read more...] about Business environment needs strong Gov’t actions: VBF 2019
VIETNAM BUSINESS NEWS JANUARY 12
Taking stock of a series of measures to restore tourism last year, Deputy Minister Hung said that the stimulus programs gained remarkable results, of which the enhanced alliance among agencies and enterprises in the sector remains a bright spot. "Notably, the number of domestic tourists increased strongly again, especially last June and July, leading to the rebound of aviation industry. The national airlines have continuously increased flights and opened new routes." … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 12