Work begins on 345-million-USD wind farm in Bac Lieu

The Kosy Group, which operates in the field of urban development and renewable energy, on October 3 kicked off the first-phase construction of a 8-trillion-VND (345.15 million USD) wind farm in the Mekong Delta province of Bac Lieu.
Work begins on 345-million-USD wind farm in Bac Lieu ảnh 1At the ceremony (Photo: VNA)

Bac Lieu (VNA) – The Kosy Group, which operatesin the field of urban development and renewable energy, on October 3 kicked offthe first-phase construction of a 8-trillion-VND (345.15 million USD) wind farmin the Mekong Delta province of Bac Lieu.

Spanning 14 ha in the communes of Vinh Thinh, Vinh My A, andVinh Hau, the Kosy Bac Lieu wind power plant consists of 45 turbines with acombined capacity of over 200 MW.

In the first of the three-phase project, nine turbines,whose total capacity reaches 40 MW, will be built at a cost of more than 1.5trillion VND.

According to the group’s CEO Nguyen Viet Cuong, thefirst-phase plant will be put into operation before October 30, 2021, capableof generating 115 million kWh of power per year on average. It is expected torake in annual revenue of about 270 billion VND, contribute dozens of billionsof VND to the local budget, and create hundreds of jobs.

Speaking at the ceremony, Chairman of the provincialPeople’s Committee Duong Thanh Trung said the project is in line with Vietnam’sMaster Power Development Plan VII as well as Bac Lieu’s power plan andsocio-economic growth orientations.

The official pledged to create the best conditions possiblefor the investor to effectively carry out the project./.
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.