Business

Solar energy panel factory built in Bac Giang

Work on a solar energy panel project started in the Quang Chau industrial park in Viet Yen district, northern Bac Giang province, according to the Kinh Bac City Development Company (KBC).
Solar energy panel factory built in Bac Giang ảnh 1At the groundbreaking ceremony (Source: VNA)

Bac Giang (VNA) – Work on a solar energy panel projectstarted in the Quang Chau industrial park in Viet Yen district, northern BacGiang province, according to the Kinh Bac City Development Company (KBC).

The project invested by the JA Solar Vietnam Company has an initial investmentof 320 million USD and is expected to generate 500 million USD in revenue peryear upon its completion.

In July this year, a contract in principle on land leasing was signed between the Sai Gon – Bac Giang Industrial Park JSC, a member of the KBCand an investor of the Quang Chau IP, and the JA Solar Hong Kong Investment – asubordinate of JA Solar Group.

Under the contract, JA Solar will hire 88 hectares of land at the Quang Chau IPto develop the solar energy panel project with a total capital of over onebillion USD.

The JA Solar project is the one of the biggest investment projectsin the industrial park to date and provides jobs for over 3,000 labourers.

JA Solar Group is one of the world’s leadingsolar power panels using green advanced technology. It has eight factoriesproducing solar power products in Europe, the US and Japan.-VNA 
VNA
#solar energy #JA Solar Bac Giang
Follow VietnamPlus

Related News

Expert: Law on renewable energy needed

Expert: Law on renewable energy needed

A law on renewable energy is needed to ensure sustainable and effective development of renewable energy, according to Dr. Duong Duy Hoat from the Institute of Energy Science.

See more

Illustrative photo (Photo: VNA)

Vietnam’s coffee exports reach 1.72 billion USD in first two months

Nguyen Duc Dung, Deputy General Director of the Mercantile Exchange of Vietnam (MXV), noted that coffee prices in the global market rose sharply. As a result, Vietnam's coffee export value increased by over 37% during this period, though its export volume decreased by 22%.

Workers process shrimp products for export at a factory of Sao Ta Food Joint Stock Company in Soc Trang province. (Photo: VNA)

Vietnam becomes Brazil’s 2nd largest aquatic product supplier

According to the Department of Customs under the Ministry of Finance, Vietnam’s aquatic product exports reached $655 million in February, marking a 44.5% year-on-year increase. This brought the total for the first two months of 2025 to $1.42 billion, up 19% compared to the same period in 2024.

Credit growth will continue to be the key target in Vietnam’s new development policy, (Photo vnbusiness.vn)

HCM City bank lending growth down in 2025

According to deputy director of the State Bank of Vietnam’s HCM City office Nguyen Duc Lenh, outstanding credit as of February was 3.936 trillion, down 0.17% from December 2024 but 12.2% up year-on-year.

Authorities inspect the procedures of vehicle operators transporting goods at the Huu Nghi International Border Gate (Lang Son province). (Photo: VNA)

Customs trade hits 1.05 billion USD on first day of new model

Realising the 12th Party Central Committee's Resolution 18 on streamlining the political system’s organisational structure, on March 15, the customs sector began operating under a three-tier model: the Department of Customs, regional customs offices, and border checkpoints. This reorganisation has reduced the number of units by 485, or 53.77%, from 902

Long Hau 1 Industrial Park in Can Giuoc district, Long An province. (Photo: VNA)

Industrial real estate expects a boost from policies, FDI

The acceleration of legal obstacles removal in recent industrial real estate projects is creating growth opportunities for many businesses participating in this segment. Notably, this is also one of the key factors contributing to attracting investment and boosting growth for real estate in 2025.

Construction site of Terminal 3 (Photo: VNA)

Vietnam Airlines, Vietjet Air flights to operate from Tan Son Nhat’s new terminal in May

Designed to handle 20 million passengers annually, Terminal T3 of the Tan Son Nhat International Airport includes four main components: the passenger terminal, a multi-story parking facility integrated with non-aviation services, the elevated road system at the terminal frontage, and aircraft aprons. The total investment for the terminal is nearly 11 trillion VND (431.2 million USD), with construction beginning in December 2022

HCM City is now a regional specialised financial centre (Photo: VNA)

Vietnam should be flexible in selecting financial centre models: expert

Tuan also highlighted the importance of human capital, one of the five important factors to successfully build a financial centre, citing the Global Financial Centres Index, which ranks business environment, human capital, infrastructure, market development, and reputation as the key drivers of success.