Business

Investment capital to Quang Tri surges 10-fold since start of 2021

As of mid-November, the central province of Quang Tri had granted investment licences to 56 projects with total registered capital of nearly 69.6 trillion VND (3.05 billion USD), up 10-fold against the same period last year.
Investment capital to Quang Tri surges 10-fold since start of 2021 ảnh 1As of mid-November, the central province of Quang Tri had granted investment licences to 56 projects with total registered capital of nearly 69.6 trillion VND. (Illustrative photo: VNA)
Quang Tri (VNA) – As of mid-November, the centralprovince of Quang Tri had granted investment licences to 56 projects with totalregistered capital of nearly 69.6 trillion VND (3.05 billion USD), up 10-foldagainst the same period last year.

The increase was attributed to Quang Tri’s efforts in COVID-19prevention and control and maintaining socio-economic development. The provincehas also bolstered administrative reforms and support for investors.  

The energy sector attracts the highest amount of capital,particularly wind and gas-fired power.
Since the start of this year, Quang Tri has given in principle approval to a numberof major wind power projects, namely the Huong Linh No.5 with more than 1.34trillion VND and Huong Hiep No.2 worth 1.37 million VND.
As many as 17 wind power projects in the province were putinto commercial operations before November 1 to enjoy the Government’sincentive, said Chairman of the provincial People’s Committee Vo Van Hung.
In regards to gas-fired power, in October, local authoritiesgranted permission to the Hai Lang LNG power centre project – first phase, witha capacity of 1,500MW and registered capital near 53 trillion VND.
The project, located at the province’s south-east economiczone, is expected to come into commercial operation by 2026-27./.
VNA
#Quang Tri province #investment licences #administrative reforms #wind power projects #gas-fired power #vietnamplus #vietnam news agency Quang Tri
Follow VietnamPlus

Related News

Quang Tri to kick off sea-island tourism programme in April

Quang Tri to kick off sea-island tourism programme in April

As local tourism starts to get busier thanks to COVID-19 being largely brought under control and warmer temperatures arriving, the central province of Quang Tri is planning to begin its season of sea-island tourism with a festival starting on April 30.

See more

Famers harvest coffee. (Photo: VNA)

Forum seeks solutions to build brand for Vietnamese Robusta coffee

VICOFA Vice Chairman Thai Nhu Hiep stated that Vietnam is already the world’s largest producer and exporter of Robusta coffee, with an annual output exceeding 1.8 million tonnes. Vietnamese Robusta coffee has several advantages, including favourable natural conditions and large, concentrated growing areas, which provide a stable supply.

An electric vehicle charging station in Hanoi. (Photo: VNA)

Automakers race toward fierce competition as sector shifts gears

According to the latest figures from the Department of Customs, Vietnam imported 16,343 cars in October. Although this represents a 5.5% drop from the previous month, total imports over the first ten months reached 171,364 units, up 20% year on year. Import turnover neared 4 billion USD, the highest level in the past three years.

The year 2025 has seen the coffee industry form an ecosystem of responsible production, stretching from raw-material regions to processing stages, helping lay the foundation for sustainable growth in the years ahead. (Photo: VNA)

Coffee exports likely to exceed 8 billion USD this year

The Ministry of Agriculture and Environment reported that Vietnam sold 1.3 million tonnes of coffee overseas for 7.41 billion USD between January and October, up 61.8% year-on-year and marking the highest annual value increase to date. The average export price reached 5,653 USD per tonne, a surge of 42.5% from the same period last year. Several markets posted outstanding growth, particularly Mexico, where export value jumped by 34.7 times.

Aero K operates the Cheongju (CJJ) - Cam Ranh (CXR) route from November 2025 (Photo: VOV)

Another Korean airline opens direct route to Nha Trang

Aero K said that Nha Trang is its second destination in Vietnam after central Da Nang city. The airline has been steadily expanding routes to Japan, Taiwan (China), and Southeast Asian countries, increasing its international flights for the RoK’s central region.

Ambassador Nguyen Minh Nguyet (second from left) and representatives of associations and diplomatic corps in Sofia. (Photo: published VNA)

Vietnamese companies join Interfood & Drink 2025 in Bulgaria

The Vietnamese booth features a range of signature products including coffee, tea, fruit juices, traditional confectionery and natural functional foods that match the growing demand in Southeast Europe for healthy, natural and traceable products.

Minister Counsellor Pham Quang Huy, Deputy Head of Vietnam’s Permanent Mission to Geneva (R) and Andrey Eydlin of the St. Gallen Endowment, at the working session (Photo: VNA)

Swiss endowment supports Vietnam in trade defence capacity building

Minister Counsellor Pham Quang Huy, Deputy Head of Vietnam’s Permanent Mission to Geneva, has chaired a working session on the Global Trade Alert (GTA) tool with representatives from the Trade Remedies Authority of Vietnam (TRAV) under the Ministry of Industry and Trade and Andrey Eydlin of the St. Gallen Endowment.

Participants at the forum. (Photo: VNA)

Vietnam moves to tap “silver economy” as ageing accelerates

At a national forum on the silver economy in Vietnam on November 14, Politburo member and Director of the Ho Chi Minh National Academy of Politics Nguyen Xuan Thang said the country must shift from viewing ageing as a welfare burden to recognising older people as an economic asset.

Participants at the official technical negotiation session between Vietnam and US (Photo: VNA)

Vietnam, US conclude 5th round of reciprocal trade agreement talks

In the closing session, representatives from the Office of the US Trade Representative (USTR) and the Vietnamese negotiating team stated that the talks yielded positive results, laying a favourable foundation for the early conclusion of the Vietnam – US Reciprocal Trade Agreement.

At a ceremony to announce the cooperation agreement between VIPTAM Group, Inlog and partners (Photo: VNA)

New social-commerce model targets 50 billion USD in Vietnam–US trade

VIPTAM Technology Group JSC (VIPTAM Group) has officially established long-term strategic trade partnerships with major international brands, introducing a new model to promote bilateral trade between Vietnam and the US through VDONE Network, a multimedia social platform developed by the group.