Ha Tinh approves 17-trillion-VND Ky Anh offshore wind power project

With a total estimated investment of 17.05 trillion VND (over 647 million USD), the project was granted a 50-year operational term from the date of receiving land and sea areas leased by the State.

The Ky Anh wind power plant project will have a designed capacity of up to 400 MW, expected to generate approximately 1,053.3 GWh of electricity annually, equating to a capacity factor (Cf) of 30.1%. (Illustrative photo: VNA)
The Ky Anh wind power plant project will have a designed capacity of up to 400 MW, expected to generate approximately 1,053.3 GWh of electricity annually, equating to a capacity factor (Cf) of 30.1%. (Illustrative photo: VNA)

Hanoi (VNA) – The Ky Anh wind power plant project has been approved for development across the communes of Ky Xuan, Ky Anh, and Ky Khang in the central province of Ha Tinh, covering both land and offshore areas.

With a total estimated investment of 17.05 trillion VND (over 647 million USD), the project was granted a 50-year operational term from the date of receiving land and sea areas leased by the State.

The wind farm will have a designed capacity of up to 400 MW, expected to generate approximately 1,053.3 GWh of electricity annually, equating to a capacity factor (Cf) of 30.1%. It will occupy around 5.5 hectares of leased land, 825 hectares of sea surface, 19 hectares of temporary land, and 94 hectares of temporary water surface.

The plant will be equipped with 47 wind turbines, each with a capacity ranging from 5 to 8.5 MW. The connection plan includes a 66/500 kV booster substation linked via a 500 kV double-circuit transmission line to the national 500 kV grid, ensuring efficient power transmission.

The entire project is slated for completion and commercial operation by the fourth quarter of 2028. According to the detailed schedule, administrative procedures will be finalised by the third quarter of 2026, and construction will start no later than the fourth quarter of 2026.

The Ha Tinh People’s Committee has assigned the provincial Department of Industry and Trade to act as the lead agency in seeking expressions of interest and selecting investors in line with legal regulations. The department is also tasked with coordinating with relevant sides to thoroughly appraise the project’s feasibility study.

The provincial Department of Finance will assess bidding documents and investor selection results. It will advise the provincial People's Committee on investor approval in cases where there is either a single qualified applicant or multiple applicants with only one meeting the required criteria. The department will also support and monitor project implementation, addressing challenges that arise during execution.

Other departments and agencies are to support the investor to carry out the project in accordance with investment rules, resolve difficulties within their remit, or report problems to competent authorities as needed to ensure smooth progress.

Local authorities in Ky Xuan, Ky Anh, and Ky Khang communes have been instructed to engage with the community, build consensus, and work closely with the investor and relevant bodies on compensation, site clearance, and regulatory procedures related to planning, land use, and environmental protection./.

VNA

See more

Garment production for export at the Thai Nguyen Garment Company. (Photo: VNA)

Spring Fair 2026 strengthens Vietnam – India cooperation

The seminar aimed to help the Indian business community gain a clearer understanding of the scale, role and potential of the Spring Fair 2026 one of Vietnam’s major trade promotion events hosted by the Government and the Ministry of Industry and Trade.

VinFast Evo battery-swap electric motorbike (Photo: VNA)

VinFast rolls out four new electric motorbike models

The automaker introduced three battery-swappable models, Evo, Feliz II and Viper, designed for different customer segments. It also launched the Amio, a compact pedal-assisted model that does not require a driving licence, aimed primarily at students and short-distance urban commuters.

Handling export cargo at Lach Huyen Port, Hai Phong city. (Photo: hanoimoi.vn)

Internal strength crucial for building export resilience

In the new era, strengthening domestic capacity will be crucial to ensuring that Vietnam’s exports grow not only rapidly, but also sustainably, contributing meaningfully to the country’s development aspirations in the new era.

Production activities at a centrifugal concrete pillar manufacturing plant (Photo: VNA)

Rising FDI, investor optimism reinforce Vietnam’s appeal for inflows

Commenting on Vietnam’s FDI performance in 2025, Dr. Nguyen Quoc Viet, a public policy expert at the University of Economics under the Vietnam National University, Hanoi, said that the strong growth in disbursed capital, particularly additional funding for ongoing projects, reflects sustained confidence among international investors.

An illustration of the North-South high-speed railway project (Image created by AI)

Vietnam fast-tracks key national railway projects

With the completion of a key legal framework, Vietnam's major national railway projects have kicked off the new year of 2026 with an accelerated implementation phase, notably the North-South high-speed railway and the Lao Cai-Hanoi-Hai Phong railway line

The signing ceremony of a cooperation agreement between Star Fintech and Lao Airlines in Vientiane on January 14 (Photo: VNA)

Vietnamese firm provides digital airline ticket payment services in Laos

Under the agreement, payments for Lao Airlines tickets will be made through the Umoney e-wallet provided by Star Fintech. The partnership marks an important step forward in Laos’ aviation digital transformation roadmap, while helping remove long-standing monopolistic barriers in the country’s airline payment system.

A corner of Ho Chi Minh City (Photo: VNA)

Vietnam gears up for full-force growth push in 2026

A growth path for 2026 has been outlined in line with the National Assembly’s resolution setting a target of more than 10% expansion. Under this scenario, gross domestic product (GDP) would need to rise 9.1% in the first quarter and 10.2% in the second.

OCOP products are displayed at the Autumn Fair 2025 (Photo: VNA)

Domestic demand drives OCOP expansion

The domestic market has seen a shift in consumer awareness. While locally made goods were once viewed as secondary choices, improvements in quality and transparency have helped OCOP products become a preferred option in many households.

A Vietjet Air aircraft (Photo: VNA)

Vietjet remains among world’s safest airlines

Vietjet Air has consistently maintained AirlineRatings’ highest safety rating of seven out of seven stars since 2018, underscoring its sustained efforts to ensure safe and reliable journeys for passengers.

Illustrative photo (Photo: VNA)

Vietjet to transport apricot, peach blossoms on Lunar New Year occasion

Vietjet Air will transport apricot and peach blossoms on domestic flights from/to Ho Chi Minh City, Hanoi, Da Nang, Da Lat and Hai Phong from January 15 to February 28 on the occasion of the Lunar New Year (Tet) festival, at 450,000 VND (17.13 USD) per bundle (excluding taxes and fees).

The National Spring Fair 2026 will take place at the Vietnam Exposition Centre from February 2 to 8. (Photo: VNA)

National Spring Fair 2026 to boost trade, strengthen value chains

The proactive engagement of Vietnam’s trade offices overseas is also expected to contribute to the success of the fair. From mid-January, these offices have launched coordinated promotion and matchmaking efforts, inviting foreign partners to attend the fair as a gateway to Vietnam’s market, manufacturing capacity and investment environment.