EVN Southern Power Corp increases investment in key provinces

The Electricity of Vietnam’s Southern Power Corporation (EVNSPC) has reported that it increased investment in key southern provinces of Binh Duong, Dong Nai, Long An, Tay Ninh and Ba Ria-Vung Tau for industrial development in 2018.
EVN Southern Power Corp increases investment in key provinces ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – The Electricity of Vietnam’sSouthern Power Corporation (EVNSPC) has reported that it increased investmentin key southern provinces of Binh Duong, Dong Nai, Long An, Tay Ninh and BaRia-Vung Tau for industrial development in 2018.

Specifically, the EVNSPC supplied power to over 4,500households in Bac Lieu, Dong Thap, Vinh Long, An Giang, Tra Vinh, Binh Thuan,Binh Phuoc, Hau Giang, Ca Mau, Ninh Thuan and Lam Dong provinces with a totalinvestment of nearly 170 billion VND (7.3 million USD).

At the same time, it also completed power supply to 113communes in 21 cities and provinces. In Tien Giang, electricity was brought to22 new-style rural communes with a total investment of around 150 billion VND.

Up to 150 water pumping stations and aquaculture farms in CaMau, Dong Thap, Ninh Thuan, Lam Dong, Ba Ria – Vung Tau, Ben Tre, Tien Giang,Tay Ninh and Long An provinces received power at a total cost of roughly 200billion VND.

In island communes of Hon Thom and Tien Hai in the southernprovince of Kien Giang, the EVNSPC provided electricity for more than 1,420households, which cost 193 billion VND.

This year, the corporation is estimated to earn a revenue of7.47 trillion VND (324.7 million USD) out of the 8.3 trillion VND, or 90percent of the plan.

In particular, the 220KV Sa Dec and Can Duoc power stations wereelectrified, contributing to the supply in the region. Construction on a 220KVpower line linking Kien Binh and Phu Quoc is also underway.

Among the 82 110KV electrification works, 273km of powerlines were built and 467km  upgraded withan additional capacity of 1,380MVA, contributing to meeting the power demandfor economic development in the 21 southern cities and provinces, particularlyin key economic zones.

The EVNSPC repaired 834 facilities with over 1 trillion VND,meeting all targets.

In 2019, the corporation will continue improving theefficiency of power networks and consumer services, installing more gauges, andcollecting electricity bill payment via banks and independent serviceorganisations.

It will also complete the construction of power works, putinto operation 574 others, and connect Kien Binh – Phu Quoc line to the nationalgrid.-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.