Made-in-Vietnam wind turbine towers bound for RoK

Ten domestically-manufactured offshore wind turbine towers are set to depart from Phu My Industrial Zone in the southern province of Ba Ria-Vung Tau by the end of April 2024, bound for Jeonnam 1 wind power project off the coast of the Republic of Korea (RoK)'s Jeonnam province.
Made-in-Vietnam wind turbine towers bound for RoK ảnh 1Ten offshore wind turbine towers are bound for the RoK's Jeonnam province. (Photo: VNA)

BaRia-Vung Tau (VNA) – Ten domestically-manufactured offshore windturbine towers are set to depart from Phu My Industrial Zone in the southernprovince of Ba Ria-Vung Tau by the end of April 2024, bound for Jeonnam 1 windpower project off the coast of the Republic of Korea (RoK)'s Jeonnam province.

These10 MW towers were produced at the CS Wind Vietnam Co. Ltd.'s factory in Phu Mytown. Established in 2003, this facility holds the distinction of being CSWind's first wind turbine tower manufacturing plant in the world.

Thisbatch of turbine towers is part of a supply contract between CS Wind andSiemens Gamesa Renewable Energy (Siemens Gamesa), under which Siemens Gamesawill equip the Jeonnam 1 offshore wind project with wind turbines.

Jeonnam1, a joint venture between Korean conglomerate SK E&S and CopenhagenInfrastructure Partners (CIP), is expected to become the RoK's firstcommercial-scale offshore wind farm. With a capacity of 99 MW, the project aimsto generate clean energy for an estimated 60,000 Korean households when itbegins operation in 2024.

CIPand CS Wind already signed a memorandum of understanding (MOU) under which CSWind is likely to become a supplier for La Gan offshore wind project inVietnam's south central province of Binh Thuan, as well as support other CIPprojects in the country.

StuartLivesey from CIP Vietnam also announced the publication of a handbook whichupdates the Vietnamese professionals about career opportunities in the offshorewind sector./.

VNA

See more

Illustrative image (Photo: tapchitaichinh.vn)

SMEs urged to embrace ESG to unlock green finance

According to the International Finance Corporation’s 2023 Country Climate and Development Report, businesses with clear ESG strategies attract 20–25% more investment than those without ESG strategies.

Farmers in Thoai Son district, An Giang province, harvest the 2025 Winter-Spring rice crop. (Photo: VNA)

A new symbol of responsible production

Vietnamese agricultural products clearing strict technical and quality barriers to reach Japanese dining tables is no longer a rare feat. However, the recent export of 500 tonnes of Japonica rice by Trung An High-Tech Farming JSC in partnership with Japan’s Murase Group carries special significance.

The US dollar at Vietnamese commercial banks has so far this year increased by about 2.6-3% against the dong. (Photo: VNA)

Dollar appreciates in domestic market due to surge in foreign debt repayment

The State Bank of Vietnam (SBV)’s central exchange rate this week even set a new peak, surpassing 25,000 VND per dollar for the first time. The dollar selling price at commercial banks has also remained close to the ceiling, indicating that pressure on the USD/VND exchange rate has not decreased.

From left to right: US Secretary of Commerce Howard Lutnick, Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Ambassador Jamieson Greer, US Trade Representative. (Photo: VNA)

Vietnam, US conclude third round of bilateral trade talks

The two sides also agreed to convene an online working-level meeting in the coming days to continue resolving outstanding issues and prepare for a virtual ministerial dialogue between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and US Secretary of Commerce Howard Lutnick.

Export hub model opens new pathways for Vietnamese goods in Canada (Photo: VNA)

Model helps boost Vietnamese exports to Canada

In 2024, two-way trade between Vietnam and Canada reached over 11 billion USD, with Vietnam enjoying a trade surplus of nearly 10 billion USD. A key contributor to this success has been Vietnamese-Canadian businesses, notably Renso Foods.

The “Ting Ting Day” Festival opens on June 14 in HCM City (Photo: VNA)

Cashless payment festival launched in HCM City

As of 2024, Vietnam had recorded over 204.5 million bank accounts held by individual customers and 154.1 million bank cards in circulation. Nearly 87% of Vietnamese adults now have bank accounts.