Vietnam has substantial potential for offshore wind power: report

Vietnam’s offshore wind power has technical potential of about 160 GW, according to a national report on maritime and insular environment for 2016-2020.
Vietnam has substantial potential for offshore wind power: report ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) – Vietnam’s offshore wind power has technical potential of about 160 GW, according to a national report on maritime and insular environment for 2016-2020.

The Ministry of Industry and Trade has been implementing big wind power projects, including ThangLong Wind in the south-central province of Binh Thuan with a capacity of up to 3,400 MW and total investment amounting to 11.9 billion USD.

These projects are expected to contribute to ensuring energy security and protecting the environment, and mark steps forward for Vietnam’s wind power.  

Dr. Du Van Toan, from the Institute of Seas and Islands, pointed out Vietnam’s great potential for offshore wind power, and suggested the country put forth targets and suitable policy frameworks to optimise the potential.

Another released by the Global Wind Energy Council (GWEC) on July 22 finds that Vietnam is facing a crucial crossroads in its energy system planning, and has the opportunity to act now to accelerate deployment of offshore wind in this decade.

Localities that boast huge wind power potential include Quang Ninh with 11 GW; Ha Tinh, 4.4 GW; Ninh Thuan, 25 GW; Binh Thuan, 42 GW; and Tra Vinh; 20 GW.

The offshore wind power sector has substantial potential and is expected to further develop as it generates clean energy in the context of global climate change./.

VNA

See more

Rice packaging at the factory of Loc Troi Group in An Giang province. (Photo: VNA)

Vietnam expected to export over 7.5 million tonnes of rice in 2025

MARD’s supply and demand report sent to the Ministry of Industry and Trade (MoIT) projects the Mekong Delta will cultivate 3.78 million hectares of rice, yielding more than 23.96 million tonnes. Of this, 15.08 million tonnes of commercial rice, equivalent to 7.54 million tonnes of husked rice, will be available for export.

Representatives from EzyRemit Worldwide and Sacombank-SBR at the meeting on February 17 in Sydney. (Photo: VNA)

Vietnamese, Australian firms promote comprehensive strategic cooperation

EzyRemit Worldwide, one of the leading fintech companies in Australia, and Sacombank-SBR of Vietnam discussed expanding cooperation and enhancing international money transfer and payment services between Vietnam and Australia, thereby providing more values for customers in both countries.

An overview of the meeting (Photo: VNA)

Binh Duong works to remove obstacles facing major FDI firms

Authorities of the southern industrial hub of Binh Duong held a meeting with two major foreign direct investment (FDI) enterprises operating in the province to address challenges facing the firms in production and business operations while encouraging their further expansion.

Real estate investors eye industrial zones with strong transport infrastructure. (Illustrative photo: VNA)

Real estate rises with infrastructure boom

According to Savills Vietnam, a more favourable real estate investment environment is expected in 2025 as cyclical challenges subside and the market continues its recovery.