Dak Lak allows 18 investors to build solar power projects

Dak Lak authorities have allowed 18 investors to conduct survey and build solar power projects in the Central Highland province after considering their financial capacity and experience.
Dak Lak allows 18 investors to build solar power projects ảnh 1Dak Lak is located in the area with high solar energy potential of about 95 GWh per year and average solar radiation of 5kWh per square meter a day (Photo: VNA)

Dak Lak (VNA) –
Dak Lak authoritieshave allowed 18 investors to conduct survey and build solar power projects inthe Central Highland province after considering their financial capacity andexperience.

The province has defined the locations for the potentialsolar power plants, with a total acreage of nearly 7,500 hectares. 

Most of the facilities will be built in exhaustedland in Ea Sup, Buon Don and Krong Bong districts.

Among the approved investors, Xuan Thien Co.Ltd. based in northern Ninh Binh province plans to build a 2.2 billion USDsolar power plant with a capacity of 2,000 MW, while Long Thanh InvestmentJoint Stock Company will spend over 7 trillion VND (308 million USD) to build a250 MW factory. 

The US power group AES Corporation will investover 16.8 trillion VND (740 million USD) to build a plant with 300-500 MW.

Vietnam dairy company TH True Milk Group wasalso allowed to invest in the field.

Over the past time, Dak Lak has put forth anumber of incentives regarding land lease and corporate tax to attractinvestors as well as reform administrative procedures.

According to the Vietnam Energy Agency and theSpanish Agency for International Development Cooperation, Dak Lak is located inthe area with high solar energy potential of about 95 GWh per year and averagesolar radiation of 5kWh per square meter a day. The most potential regions areEa Sup, Buon Don, Krong Bong and Ea H’leo districts.

At present, Dak Lak is mapping out a solar powerplan through 2020 with a vision to 2030.-VNA
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.