Work starts on 2.37-billion-USD Hai Lang LNG power centre in Quang Tri

A groundbreaking ceremony was held on January 15 for the construction of the first phase of Hai Lang liquefied natural gas (LNG) power plant in Hai An commune in the central province of Quang Tri's Hai Lang district.
Work starts on 2.37-billion-USD Hai Lang LNG power centre in Quang Tri ảnh 1At the event. (Photo: VNA)

Quang Tri (VNA) – A groundbreaking ceremony was held on January 15 for the construction of the first phase of Hai Lang liquefied natural gas (LNG) power plant in Hai An commune in the central province of Quang Tri's Hai Lang district.

The project, which spans 120ha, will have a capacity of 1,500 MW and is able to supply 8.25 billion kWh to the national grid each year.

With an investment of 54 trillion VND (2.37 billion USD), the project is invested by a consortium of Vietnam’s conglomerate T&T Group, Korea Gas Corporation (KOGAS), Hanwha Energy Corporation, and Korea Southern Power (KOSPO). It is expected to be put into operation in 2026-2027.

It will include a port capable of handling vessels carrying up to 226,000 cu.m of gas and receiving 1.5 million tonnes of LNG per year.

Addressing the ceremony, Chairman of the provincial People’s Committee Vo Van Hung asked the investors to speed up the project’s procedures and mobilise financial resources to carry out the project, ensuring the quality, safety and meeting the schedule.

He also said that favourable conditions will be created for them during the project's implementation./.

VNA

See more

Cao Xuan Thang, Trade Counsellor and Head of the Vietnam Trade Office in Singapore, speaks at the festival (Photo: VNA)

Singapore trade event helps Vietnamese enterprises boost exports

The Vietnam Fruit and Vegetable Festival 2025 was held in Singapore on July 18 as a meaningful trade promotion event that strengthens bilateral economic, trade, and investment ties and helps realise the economic cooperation contents of the Vietnam–Singapore Comprehensive Strategic Partnership.

Vietnamese Ambassador to Laos Nguyen Minh Tam addresses the seminar (Photo: VNA)

Vietnam, Laos hold cross-border e-commerce seminar in Vientiane

Representatives from Vietnam and Laos emphasised the essential role of digital platforms, which are seen as the backbone of the e-commerce ecosystem. They also highlighted the significance of infrastructure in facilitating the smooth transport of goods between the two countries.

Sock production line for export at SUNJIN AT&C VINA Co., Ltd., Chan May - Lang Co economic zone, Hue city. (Photo: VNA)

Transparent business environment appealing to foreign investors

During the first half of 2025, the total registered FDI reached 21.51 billion USD, up 32.6% year-over-year. This includes 9.3 billion USD in new investments, down 9.6%; 8.95 billion USD in additional capital for existing projects, a 2.2-fold increase; and 3.28 billion USD through capital contributions and share purchases, up 73.6%.

Deputy Minister of Science and Technology Pham Duc Long meets with Google’s Vice President for Emerging Markets Doron Avni in Hanoi on July 17. ( VGP Photo)

MoST partners with Google to explore digital transformation, AI, SMEs

The two sides agreed to establish a joint task force to formalise their collaboration, with a strong focus on quantum technology, a strategic frontier of the digital age, and AI-powered solutions to help Vietnamese SMEs enhance their competitiveness and modernise their operations.

VBAB Chairman Nguyen Thanh Vinh (left) meets with a Belgium business representative. (Photo: VNA)

Business network helps connect Vietnam with Belgium, EU markets

As Vietnam accelerates green and digital transition, the Vietnam Business Association in Belgium (VBAB) is prioritising connections with capable Belgian partners in clean energy, particularly hydrogen and renewable energy, and smart seaport planning.

Kim Long Motor's passenger bus assembly line. (Photo of Kim Long Motor)

Kim Long Motor Hue multiplies investment sixfold

The company’s decision to inject an additional 21 trillion VND (804 million USD) into the project not only reflects its ambition to scale up operations but also signals a strategic shift towards exports and integration into global supply chains.

Hanoi’s key industries given priority to drive growth

Hanoi’s key industries given priority to drive growth

Hanoi is implementing a series of breakthrough plans, ranging from attracting investment and developing high-tech products to facilitating businesses’ global expansion, with a goal of transforming it into the country’s leading hub for key industries and supporting industries.

At the signing ceremony for the partnership between Becamex Binh Duong and IFC in HCM City on July 16, 2025.

Becamex, IFC advance green industrial park model in Vietnam

Under the cooperation agreement signed on July 16, the International Finance Corporation (IFC) will support Becamex IDC in conducting preliminary assessments for up to five industrial parks using the Global Eco-Industrial Parks Programme (GEIPP) certification framework.