Mekong Delta attractive for renewable energy investment

The Mekong Delta has great advantages to develop the renewable energy sector, including wind, solar, biomass and gas thermal power, according to experts.
Mekong Delta attractive for renewable energy investment ảnh 1The Mekong Delta has great advantages to develop the renewable energy sector. (Photo: VNA)

Hanoi (VNA) - The Mekong Delta has great advantages to develop the renewable energy sector, including wind, solar, biomass and gas thermal power, according to experts.

Eleven of 13 cities and provinces in the region hold great potential for solar energy development, with average solar radiation of 1.387-1.534 Kwh per year.

Coastal areas in the region have high potential to develop wind power, with wind speeds of 6.5-7m per second.

Taking advantage of its natural conditions and investment attraction policies, the region has become a destination for investors in renewable energy projects.

Duong Vu Nam, Deputy Director of Ca Mau province’s Department of Industry and Trade, said the southernmost province of Ca Mau has a coastline of 254 kilometres which creates potential for wind power development.

The province also has high solar radiation and a large area of production forests, providing about 225,000 - 300,000 tonnes annually of waste wood from wood production and processing.

Waste wood is an abundant raw material used for the development of biomass power, he added.

The long coastline, estuaries and islands also create favourable conditions for building warehouses, ports, gas pipelines and storage and regasification systems to develop gas-fired power projects.

More than 40 domestic and foreign investors are keen on investment opportunities in wind, solar and biomass power in the province.

The province has 11 wind power plants with a total capacity of 675MW, and a 24MW biomass project is under construction.

It has approved a new 200MW wind power project expected to be put into operation by 2023.

It has also proposed that the Ministry of Industry and Trade add 26 windpower projects with a total capacity up to 14,614MW to the National Electricity Development Plan in the 2021-2030 period.

Soc Trang province also has great advantages for developing wind and solar power projects.

The province has a 72km-long coastline with an average wind speed of 8.3 metres per second. It receives an average of 2,300-2,480 hours of sunshine per year.

Twenty windpower projects with a total capacity of 1,435 MW have been approved in the province, deputy director of the provincial Department of Industry and Trade Le Thanh Nam said.

Nine of them under construction will be connected to the national power grid after completion.

Pham Quoc Hung, Director of Quec Vinh Soc Trang Wind Power Co.,Ltd, said that his company’s windpower plant is being built in Soc Trang province’s Vinh Chau township, with an expected output of 30MW in its first phase.

The plant is expected to start running on a trial basis in August and begin commercial operation in September./.

VNA

See more

Farmers visit the off-season durian orchard of Cao Chi Dai in Vinh Hanh commune, An Giang province (Photo: VNA)

Vietnam promotes finance for green agriculture

Over the past five years, Vietnam has developed and gradually implemented a green finance system to support low-emission and environmentally friendly production, including agriculture. Based on the State Bank of Vietnam's Directive No. 03/CT-NHNN dated March 24, 2015, banks including BIDV, VCB, HDBank and Agribank have introduced green credit packages for waste treatment, high-tech agriculture, digital transformation, regional linkages and emission reduction across production chains.

An overview of the meeting between representatives from Polish businesses and the Agency for Domestic Market Surveillance and Development. (Photo: Agency for Domestic Market Surveillance and Development)

Polish businesses seek suppliers, partners in Vietnam

MAJAMI, a confectionery manufacturer and trader under Sweet House, is seeking distributors for Polish confectionery products in the Vietnamese market. Meanwhile, GABONA, a distributor and wholesaler of professional cosmetics, hair care and make-up products and beauty accessories, is looking for Vietnamese manufacturers of vegan and natural cosmetics.

Kendra Rinas, Chief of Mission for IOM Vietnam speaks at the event. (Photo: VNA)

Vietnam advances in building, using migrant labour data system: workshop

Data presented in the report reflects effective migration governance in recent years. The average recruitment cost paid by migrant workers dropped by 23.8%, from 164.9 million VND (6,400 USD) in 2021 to 125.7 million VND in 2025. Conversely, average first-month earnings abroad rose by 25.4%, increasing from 22.4 million VND to 28.1 million VND.

Workers produce leather shoes for export at Lefaso Tra Vinh Investment and Production Joint Stock Company in Tra Cu commune, Vinh Long province. (Photo: VNA)

Vietnamese exporters pivot to ease pressure from US tariffs

Pressure from the new US tariff policy is prompting Vietnamese exporters to reassess their strategies. Rather than pursuing volume-driven growth, many are shifting towards higher-value orders, tighter cost control, greater productivity and a more balanced allocation of markets to reduce reliance on a single destination.

A worker handles and stacks goods. Nearly 138,100 businesses were newly founded from January to August, up 7.7% over the same period last year, while more than 40,800 businesses completed dissolution procedures, a jump of 125.5%. (Photo: VNA)

Firm entry and exits point to continued restructuring pressure

Updates from the National Statistics Office last week showed that nearly 138,100 businesses were newly founded from January to August, up 7.7% over the same period last year, while more than 40,800 businesses completed dissolution procedures, a jump of 125.5%.

A Vietnamese business introduces durian cakes to Chinese visitors at the 22nd China-ASEAN Expo (CAEXPO) in 2025. (Photo: VNA)

Vietnam steps up trade, investment promotion at China-ASEAN Expo

According to the CAEXPO Secretariat, Vietnam will once again lease an entire exhibition area of about 3,000sq.m, featuring 170 booths, making it one of the ASEAN countries with the largest exhibition spaces at this year’s event. Nearly 100 Vietnamese businesses have confirmed their participation, including major brands such as Trung Nguyen Group, TH Group, Saigon Coffee and Biti’s.

An overview of the VIFC's Executive Council meeting on September 7 (Photo: VNA)

Six groups of products, services proposed at Vietnam International Financial Centre

Deputy Minister of Finance Nguyen Thi Bich Ngoc said the products and services include investment funds and asset management, asset-backed digital assets, international carbon credits, commodity trading and derivatives infrastructure linked to trade and supply-chain financing, financial technology, and bonds issued at the centre. As these groups are at different stages of readiness, they will be rolled out in phases rather than simultaneously.

The meeting between the Quang Ninh delegation and Siemens Mobility (Photo published by VNA)

Quang Ninh seeks cooperation, investment opportunities in Germany

A Quang Ninh official praised the collaboration between Siemens Mobility and VinSpeed in developing the Hanoi–Quang Ninh high-speed railway and expressed his hope that the project will pave the way for future cooperation between Siemens Mobility and Quang Ninh in modern railway development and workforce training.

At the 10th intersessional meeting of UNCITRAL Working Group III in Ninh Binh province on September 7, 2026. (Photo: VNA)

Vietnam hosts UNCITRAL Working Group III intersessional meeting for first time

By hosting the 10th UNCITRAL Working Group III intersessional meeting, Vietnam wishes to continue playing an active and proactive role in UNCITRAL in general and Working Group III in particular, working alongside the international community to strengthen cooperation, share experience and contribute to the development of the international legal framework.

An Asian customer with a Vietnamese coconut product served with straws (Photo: VNA)

Vietnam’s agricultural exports: Shifting from volume to value

Vietnam has about 1.2 million hectares of fruit-growing areas, producing around 13 million tonnes a year. Its fruits are exported to more than 60 countries, including major markets such as the US, the EU, Japan, the Republic of Korea and China. The country is also among the world’s leading exporters of rice, cashew nuts, pepper and coffee, with its products reaching more than 150 countries, including markets with stringent standards.