With a total capacity of 20MW, this is the first biomass power plant of its kind to be put into operation in Vietnam. The plant is expected to consume approximately 130,000 tonnes of rice husk and woodchips annually.
Once operational, the plant is projected to create over 5,000 direct jobs and generate approximately 500 million USD in annual revenue, primarily through exports. The project is expected to significantly enhance regional employment and economic growth, contributing to Can Tho’s development and the broader Mekong Delta region.
As a trade-oriented economy, with imports and exports representing almost 170% of the GDP, Vietnam is particularly exposed to ongoing shifts in global trade policies. The US remains the largest export destination of Vietnam, accounting for 30% of its total exports, while China makes up 38% of its imports.
US Trade Representative Jamieson L. Greer and Vietnamese Minister of Industry and Trade (MOIT) Nguyen Hong Dien agreed on the importance of making swift progress towards reciprocal and balanced trade between the US and Vietnam.
Pham Van Hau, Permanent Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Council, stated that recognising the importance of the project, the province has developed specific plans and a roadmap for its implementation. This includes focusing on effective communication efforts to gain high consensus among officials, Party members, and people.
Vietnam's seafood exports to Singapore were valued at 28.7 million SGD, an increase of 19.3% compared to the same period last year, accounting for 10.1% of the total market share.
Full details of the system’s enhanced features have been made available on the HOSE’s official website, where investors can access further information.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,948 VND/USD on April 25, up 20 VND from the previous day.
VIETRISA Chairman Bui Ba Bong said that the launch is a strategic turning point in building the Vietnamese rice brand, aiming for the premium markets with strict carbon emission standards. The new rice trademark represents a commitment to environmental and social responsibility, not just a commercial label.
Vietnam’s exports to Algeria reach nearly 150 million USD so far this year, more than doubling year-on-year. This upward trend lays a strong foundation to expand bilateral economic and trade ties by leveraging each nation’s strengths.
The Vietnamese pavilion showcased advanced technology products and solutions from outstanding Vietnamese enterprises. It is expected that Vietnamese businesses can connect with potential investors and partners while introducing their startups and innovative initiatives at the pavilion.
Spanning 300sqm, the pavilion showcases Vietnam’s history, culture, and innovation through modern exhibition technologies including holograms, VR, and digital mapping. Designed as a cultural gateway, it tells the story of a dynamic, inclusive, and sustainable Vietnam rooted in strong human values.
Approximately 30,000 export-standard products are on display, covering key sectors including fashion and accessories, home decor and gifts, and consumer electronics.
Now in its 15th year, FAST500 honours businesses that are thriving and making strong contributions to Vietnam’s economic development.
Since the beginning of this year, RON95 petrol have undergone nine price hikes and eight cuts.
The PV Drilling 8 rig, newly acquired in 2024, is slated to commence operations in Vietnam by September, while PV Drilling 6 will return from overseas to serve a contract at Block B – Phu Quoc in mid-2027, positioning the company for stronger revenue growth.
Over nearly four decades of Doi moi, Vietnam remains consistent in encouraging foreign investment. It has continued to create an optimal investment environment by improving its legal framework, enhancing administrative reforms, and developing infrastructure and human resources.
Recognising the scale and complexity of this project as unprecedented in Vietnam, the Government has directed relevant ministries, provincial authorities, and specialised agencies to urgently establish the necessary legal and procedural groundwork.
It noted that as ensuring national energy security and sufficient electricity supply is one of the fundamental and decisive factors for the successful implementation of the country’s socio-economic growth targets, the Government and the Prime Minister have proactively and decisively directed relevant tasks and solutions early and from afar to ensure adequate power supply.
Under the MoU, the two parties will work together to develop a value chain for Vietnamese oysters that meets Japanese standards, targeting both domestic and export markets.
