Construction of key thermal power plant begins

The O Mon 4 Thermal Power Plant will bring Petrovietnam’s total installed capacity to over 9,3000 MW, accounting for around 10% of the country’s total power capacity. Once completed, the plan will provide clean and stable power to the national grid and contribute to promoting the economic growth.

The EPC contract signing ceremony for O Mon 4 thermal power plant project. (Photo: baochinhphu.vn)
The EPC contract signing ceremony for O Mon 4 thermal power plant project. (Photo: baochinhphu.vn)

Hanoi (VNA) – The Vietnam National Industry-Energy Group (Petrovietnam) on June 6 signed an engineering procurement and construction (EPC) contract for the O Mon 4 thermal power plant, marking a significant step in the development of the flagship gas-to-power Block B – O Mon project.

The EPC contract was signed with joint venture between the Republic of Korea (RoK)’s Doosan Enerbility Co., Ltd and Vietnam’s Power Engineering Consulting Joint Stock Company 2.

Located in the Mekong Delta city of Can Tho, the project plays a strategic role in securing energy supply and accelerating the transition toward clean energy.

The plant will use combined cycle gas turbine (CCGT) technology with a designed capacity of 1,155 MW and is expected to go operational in December 2028.

The O Mon 4 Thermal Power Plant will bring Petrovietnam’s total installed capacity to over 9,3000 MW, accounting for around 10% of the country’s total power capacity. Once completed, the plan will provide clean and stable power to the national grid and contribute to promoting the economic growth.

The Block B – O Mon project includes offshore gas extraction at Block B, gas pipeline and thermal power complex in the Mekong Delta, including O Mon 4 seen as a important downstream component. The project faced delays for nearly two decades.

In 2023, the Prime Minister assigned Petrovietnam to lead the O Mon 3 and O Mon 4 thermal power plants to synchronise the construction of downstream infrastructure with upstream gas supply. /.

VNA

See more

Workers at Garment 10 Corporation produce apparel for export. (Photo: Nhan Dan)

Leveraging export advantages within RCEP region

In 2025, seafood exports to China alone exceeded 2.2 billion USD, up about 33% compared to 2024. Shipments to Japan fetched nearly 1.7 billion USD, a year-on-year increase of 14.6%, while those to the Republic of Korea and Australia grew by 9.6% and 3.2%, respectively.

Certificates of membership in the Vietnam International Financial Centre in Da Nang are awarded at the conference on January 9. (Photo: VNA)

Da Nang continues targeted investment promotion approaches

According to Chairman of the Da Nang People’s Committee Pham Duc An, the city prioritises building sustainable economic ecosystems and focuses on key breakthrough sectors with strong spillover effects, including high technology and digital transformation, logistics, urban infrastructure, finance, processing and manufacturing industries, high-tech agriculture, and the pharmaceutical and medicinal herb industry.

In 2025, Hyundai sales reached 53,229 vehicles across the Vietnamese market. (Illustrative photo: Yonhap/VNA)

Hyundai sales in Vietnam rise almost 23% in December

In 2025, sales reached 53,229 vehicles across the market, a result considered a testament to the efforts by TC Group, Hyundai Thanh Cong, and the entire Hyundai dealership network nationwide amidst a volatile market.

Hydroponic vegetable cultivation model at the High-Tech Agricultural Park (Photo daibieunhandan.vn)

HCM City accelerates shift toward ecological urban agriculture

​The city’s agricultural sector is undergoing a strong transformation, restructuring toward higher value-added and sustainable development. In recent years, the sector has maintained steady growth, with agricultural, forestry and fisheries output rising by an estimated 2.5% annually.

Illustrative photo (Photo: VNA)

Dong Nai to launch major projects ahead of 14th National Party Congress

The launch of work on these projects represents an important political event for the province as they demonstrate the strong commitment of the entire political system to developing a comprehensive and modern infrastructure network, enhancing inter-regional connectivity, and addressing social welfare needs.

Illustrative image (Photo: VNA)

Lam Dong ready for nationwide economic census 2026

The entire process needs to reassure respondents that statistical activities operate independently, information is protected under the Statistics Law, and all data collection is completely separate from tax management.

Officials cut the ribbon to inaugurate the IFC Da Nang. (Photo: VNA)

Vietnam launches International Financial Centre in Da Nang

The Government has clearly defined the development orientation of the International Financial Centre in Da Nang as a modern international financial hub closely linked with the innovation ecosystem, digital technology, and sustainable finance.

Officers of the Thanh Hai Border Guard Station (Phu Thuy ward, Lam Dong province) patrol and monitor fishing vessels entering and leaving the port. (Photo: VNA)

Lam Dong steps up oversight to curb IUU fishing

As of early January 2026, the province had 8,210 registered fishing vessels, with more than 90% holding valid fishing licences, according to the department. A total of 8,115 vessels, or 98.76%, have been updated in the National Population Database, while 1,773 out of 1,941 vessels measuring 15 metres or longer have been granted food safety certificates, accounting for 91.34%.

Prime Minister Pham Minh Chinh speaks at the national conference on accelerating public investment for 2025 and 2026 (Photo: VNA)

People’s legitimate rights, interests must never be overlooked in public investment: PM

The Prime Minister underlined that public investment has consistently been identified as a key political task, with public investment disbursement results serving as one of the criteria for evaluating officials under Party regulations. Through state spending, public investment directly boosts aggregate demand and serves as an effective tool for regulating and stabilising the macroeconomy while safeguarding major economic balances.