Power plant

Update news Power plant

Power plant’s use of sugarcane bagasse raises farmers’ incomes

More than 10,000 sugarcane–farm households in the central province of Phu Yen are earning higher profits thanks to the use of bagasse from a sugar factory to produce electricity.

Malaysia builds power plant in Vietnam with Chinese capital

VietNamNet Bridge - Vietnam lacks capital to build power plants and has called for foreign investment, which analysts say is not the best solution.

Vietnam plans to generate power from rice husks

VietNamNet Bridge - Vietnam plans to develop 20 power plants that will operate on rice husks.

Formosa incentives fully legal

 VietNamNet Bridge – Discussions have recently raged over the incentives offered to Formosa Plastics Group’s $10 billion steel and Son Duong deep-water seaport complex in the central province of Ha Tinh.

Locals duped by power plant promises

 VietNamNet Bridge – Local authorities and residents living nearby hydro-electricity power dams in the Central region are bemoaning the negative impacts on their livelihood as power plants are failing to comply with their contractual commitments.

Vietnam builds first power plant fueled by rice husks

 VietNamNet Bridge – The first thermal power plant project using rice husks in Vietnam is expected to begin in late December, in an area of 9 hectares in the town of Long My, Hau Giang province, with a total investment of approximately $31 million.

BUSINESS IN BRIEF 26/8

 Land site for US$4.5-billion oil project handed over; Foreign investors keen on Vietnam’s bad debts; Software processing industry shifts to high-value segment; Services buoy banks’ revenues

Power plant pollution engulfs residents

 VietNamNet Bridge – The four-month-old Mao Khe Thermal Power Plant in northern Quang Ninh Province's Dong Trieu District is said to be polluting the environment.

BUSINESS IN BRIEF 5/11

Unregistered import firms may be closed; SMEs urged to update products; Firms fail to exploit internet marketing; Coffee growers fight FDI business; Tax on jet-plane fuel cut from 12 to 7 per cent