EU-funded submarine power project in Binh Dinh becomes operational

A submarine power cable project to supply electricity for Nhon Chau island commune of the south central province of Binh Dinh has been put into operation, announced the Binh Dinh Power Company on August 24.

Tuesday, August 25, 2020 11:33

EU-funded submarine power project in Binh Dinh becomes operational ảnh 1

Workers of Binh Dinh Power Company wire a house in Nhon Chau island commune of Binh Dinh (Photo: nhandan.com.vn)

Binh Dinh (VNA) – A submarinepower cable project to supply electricity for Nhon Chau island commune of thesouth central province of Binh Dinh has been put into operation, announced theBinh Dinh Power Company on August 24.

As a result, about 600 local families with morethan 2,300 residents now have access to electricity.

The project was built at an investmentworth nearly 351.5 billion VND (15.1 million USD), including 280 billion VNDfunded by the EU.

It comprised four main components,including a transformer station in the southern neighbouring province of PhuYen and two in Nhon Chau commune, and a 22kV undersea power cable measuringover 10km in length.

Optical fiber cables are also installed toprovide telecommunication and information services for the island.

Nhon Chau island is located 22km off QuyNhon city. Electricity on the island was previously generated by dieselgenerators which operate only 12 hours a day./.

VNA

#submarine power cable project #Nhon Chau island commune #Binh Dinh province #telecommunication and information services #vietnamplus #Vietnam News Agency Binh Dinh

See more

At the meeting between the Khmer-Vietnamese Entrepreneurs Association and a delegation from the An Giang Investment, Trade and Tourism Promotion Center in Phnom Penh, Cambodia (Photo: VNA)

An Giang province promotes business links in Cambodian market

07/12/2025 18:29

A delegation from the Investment, Trade and Tourism Promotion Centre of An Giang province on December 6 visited the headquarters of the Khmer-Vietnamese Entrepreneurs Association in Phnom Penh as part of efforts to enhance connections and cooperation between An Giang and Cambodian firms.

An overview of the 2025 Overseas Real Estate Investment Seminar in Seoul on December 6 (Photo: VNA)

Vietnam's property market draws Korean investors

07/12/2025 18:11

With economic growth of 7–8%, strong FDI inflows and large-scale urban infrastructure development, Vietnam is viewed as a promising destination for Korean investors.

HD Hyundai Vietnam’s shipyard is promoting the development of a logistics and support-service value chain around the Van Phong area. (Photo: nhandan.vn)

Van Phong Economic Zone poised for takeoff

07/12/2025 14:00

By 2030, Van Phong aims to rank among Vietnam’s top three economic zones, contributing significantly to provincial and regional GRDP. By 2050, it is envisioned as an international maritime economic centre and a leading driver of Khanh Hoa’s long-term development.

Real estate remains a magnet for FDI in Vietnam. (Photo: VNA)

Vietnam’s real estate attracts new generation FDI

07/12/2025 11:43

The expansion in scale and capacity of Vietnamese property developers reflects renewed confidence in the sector and offers a strong foundation for deeper cooperation with international investors on strategic projects.

Trinh Cong Qui, founder of the BioWraps project, introduces the company’s products to customers. (Photo: VNA)

Vietnamese-developed BioWraps wins Top 10 startup award in Hong Kong

07/12/2025 02:23

The innovative packaging from Vietnam is made from cellulose extracted from orange peels, offering a green, safe, and sustainable alternative to traditional plastics while promoting a circular economy and reducing pollution.

A market surveillance official guides a consumer on how to distinguish between genuine and counterfeit cosmetics. (Photo: VNA)

Stronger penalties proposed to deter counterfeit cosmetics trading

06/12/2025 19:02

The Health Ministry will continue strengthening cosmetics management, and will soon submit proposals to amend the Government’s Decree 117/2020/ND-CP and Decree 98/2020/ND-CP, including regulations on cosmetic advertising and tougher sanctions for counterfeit products.

Citizens come to handle business establishment procedures at the business registration office of the Hanoi Department of Planning and Investment. (Photo: VNA)

Vietnam sees strong growth in new businesses, registered capital in Jan-Nov

06/12/2025 18:23

Nearly 178,000 new firms were set up nationwide during this period, with registered capital surpassing 1.75 quadrillion VND (66.38 billion USD) and registered employees totalling 1.05 million.

Wood and wood products are among the commodities with export value exceeding 1 billion USD in 11 months. (Photo: VNA)

Vietnam records 20.5 billion USD trade surplus in 11 months

06/12/2025 16:46

In the period, the total value of goods exports and imports reached 839.75 billion USD, up 17.2% year-on-year; of which, exports rose by 16.1% and imports by 18.4%.

A production line for solar cell materials at JA Solar Vietnam Co., Ltd., a Hong Kong (China)-invested enterprise located in Quang Chau Industrial Park, Bac Ninh province. (Photo: VNA)

FDI disbursement hits five-year high during first 11 months

06/12/2025 16:40

Disbursement progress continued to accelerate, hitting a record high for the 2021–2025 period, reflecting Vietnam’s improved capacity to absorb capital and foreign enterprises' commitment to project implementation.

Food prices surge in provinces and cities directly affected by post-storm floods. (Illustrative photo: VNA)

Fuel price adjustments, food supply disruptions push November CPI

06/12/2025 16:02

The first 11 months, the index rose by 3.29%. With this result, the full-year CPI will certainly be kept below 4%, meeting the target set by the National Assembly and pursued by the Government.

An aircraft of Vietjet Air (Illustrative photo: VNA)

Vietjet Air receives 22 aircraft in less than month

06/12/2025 05:38

This rapid fleet expansion reflects the carrier’s strategic vision and ambition to rise globally, meet growing travel demand during the 2026 Lunar New Year season and expand its international network.

Deputy Prime Minister Le Thanh Long (R) and Amazon Vice President for International Public Policy & Government Affairs Susan Pointer at their meeting in Hanoi on December 5 (Photo: VNA)

Amazon to support Vietnam in becoming Southeast Asia’s e-commerce export hub

05/12/2025 21:52

The Vietnamese Government stands ready to create favourable conditions for Amazon to engage in long-term, effective cooperation and investment in the country, contributing to the growth of the local e-commerce market and sci-tech ecosystem.

Secretary of the Hai Phong Party Committee Le Tien Chau speaks at the seminar on exploring new-generation investment destinations in the port city. (Photo: VNA)

Hai Phong seeks to promote port connectivity with Belgian city

05/12/2025 20:32

Hai Phong and Antwerp - two port cities of strategic importance in Southeast Asia and Europe, respectively - share many notable similarities, as both serve as gateways for imports and exports, handle enormous volumes of cargo each year, and function as major logistics hubs for vast economic regions.

Vice Chairman of the National Assembly Le Minh Hoan receives Park Soon Cheol, Vice President and Chief Financial Officer (CFO) of Samsung Electronics, in Hanoi on December 5, 2025. Photo: VNA

NA Vice Chairman calls for Samsung’s operation expansion in Vietnam

05/12/2025 19:55

Over the past 17 years, Samsung Vietnam has successfully implemented numerous high-tech projects, operated six manufacturing entities, one research and development institute, and one sales entity, while continuously maintaining impressive revenues, reaffirming its position as a leading FDI enterprise in Vietnam.

At the December 5 ceremony in Hanoi to honour the country’s 100 sustainable enterprises across manufacturing and trade–services. (Photo: VNA)

Vietnam announces top 100 sustainable businesses for 2025

05/12/2025 19:46

Notably, the top 10 in both categories comprised 60% domestic firms and 40% foreign-invested companies, signalling significant advances made by Vietnamese enterprises and underscoring that the “sustainability playground” is no longer dominated by FDI firms with strong governance foundations.