Denmark prioritises supporting Vietnam in green energy development

Denmark prioritises helping Vietnam’s energy sector with green development and transformation, Danish Ambassador to Vietnam Kim Højlund Christensen affirmed on February 24.
Denmark prioritises supporting Vietnam in green energy development ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) – Denmark prioritises helpingVietnam’s energy sector with green development and transformation, DanishAmbassador to Vietnam Kim Højlund Christensen affirmed on February 24.

He was speaking at an online signing ceremony of Memorandaof Understanding on cooperation in the supply of pile foundations and logisticsports for the La Gan offshore wind power project in the south central provinceof Binh Thuan.

Collaboration in projects like La Gan will contributeto expanding and enhancing cooperation between the two countries in sharinginformation, and improving the capacity of experts and employees, especially inthe offshore wind power supply chain, the ambassador said.

The La Gan wind power project, with an estimatedcapacity of nearly 3.5 GW, is being developed by Copenhagen InfrastructurePartners (CIP), Asiapetro and Novasia.

It is expected to generate electricity for over 7million households each year.

According to the BVG Associates, the project willcreate over 45,000 full-time equivalent (FTE) jobs and contribute over 4.4billion USD to the economy during the course of the project.

The total rate of locally-made components will accountfor about 45 percent of the supply chain of the project.

As the project will be carried out for many years,more opportunities will be given to Vietnamese contractors to join the supplychain.

Since the signing of a memorandum of understandingwith the provincial People’s Committee in July 2020, the project has achievedsignificant progress, including preparing for a field survey and approvingsurvey license.

With a total investment of 10 billion USD, it is alsoone of the first large-scale offshore wind power projects in Vietnam./.
VNA

See more

Vietnamese Ambassador to China Pham Thanh Binh (left) and Chairman of the China Council for the Promotion of International Trade Ren Hongbin. (Photo: VNA)

Vietnam, China eye deepening trade promotion cooperation

The Vietnamese Embassy is ready to act as a bridge in facilitating cooperation between the China Council for the Promotion of International Trade (CCPIT) and Vietnamese partners, as well as in connecting enterprises from both countries, said Ambassador Pham Thanh Binh.

PM Pham Minh Chinh speaks at the meeting. (Photo: VNA)

PM calls for bold, accelerated action in railway development

Prime Minister Pham Minh Chinh has urged ministries, agencies, and localities to act with “greater speed and boldness” to carry out Vietnam’s railway projects at the second meeting of the Steering Committee for key national railway projects in Hanoi on April 26.

Vietnamese Ambassador to Cambodia Nguyen Minh Vu meets with leaders and staff of three rubber companies in Kampong Thom province, Cambodia. (Photo: VNA)

Vietnam, Cambodia deepen investment links in Kampong Thom

Vietnamese Ambassador to Cambodia Nguyen Minh Vu on April 25 paid a working visit to several subsidiaries of the Vietnam Rubber Group (VRG) in Kampong Thom province, and held discussions with provincial leaders to enhance coordination and create more favourable conditions for Vietnamese firms, thereby promoting stronger bilateral investment ties.

Can Tho leaders and Bestway Group executives perform the symbolic launch ceremony for the new project. (Photo: VNA)

Bestway International launches 300 million USD plant in Can Tho city

Once operational, the plant is projected to create over 5,000 direct jobs and generate approximately 500 million USD in annual revenue, primarily through exports. The project is expected to significantly enhance regional employment and economic growth, contributing to Can Tho’s development and the broader Mekong Delta region.

Tra fish processed for export in Dong Thap province (Photo: VNA)

World Bank forecasts Vietnam's GDP growth at 5.8% in 2025

As a trade-oriented economy, with imports and exports representing almost 170% of the GDP, Vietnam is particularly exposed to ongoing shifts in global trade policies. The US remains the largest export destination of Vietnam, accounting for 30% of its total exports, while China makes up 38% of its imports.

Vietnamese Minister of Industry and Trade (MOIT) Nguyen Hong Dien (Photo: VNA)

US calls tariff talks with Vietnam productive

US Trade Representative Jamieson L. Greer and Vietnamese Minister of Industry and Trade (MOIT) Nguyen Hong Dien agreed on the importance of making swift progress towards reciprocal and balanced trade between the US and Vietnam.

The working delegation from the Party Central Committee's Commission for Information, Education and Mass Mobilisation inspects the resettlement area for residents affected by the Ninh Thuan 1 Nuclear Power Plant project. (Photo: VNA)

Ninh Thuan asked to gain public support for nuclear power plant project

Pham Van Hau, Permanent Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Council, stated that recognising the importance of the project, the province has developed specific plans and a roadmap for its implementation. This includes focusing on effective communication efforts to gain high consensus among officials, Party members, and people.

Representatives from companies receive certificates of trademark rights at the launch of the "Green and Low-Emission Vietnam Rice" trademark. (Photo: nld.com.vn)

"Green and Low-Emission Vietnam Rice" trademark launched

VIETRISA Chairman Bui Ba Bong said that the launch is a strategic turning point in building the Vietnamese rice brand, aiming for the premium markets with strict carbon emission standards. The new rice trademark represents a commitment to environmental and social responsibility, not just a commercial label.