Want to be in the loop?
subscribe to
our notification
Business News
QUANG TRI TARGETS 6,000 MW WIND POWER CAPACITY BOOST
The central province of Quang Tri is seeking the Government’s approval to expand its wind power capacity by an additional 1,500-2,000 MW for onshore projects and 2,600-4,000 MW for offshore projects, according to the Vietnam News Agency.
Currently, Quang Tri is home to 31 wind power projects, primarily located in the mountainous districts of Huong Hoa and Dakrong. To date, 20 projects, with a combined capacity of 740 MW, have begun commercial operations.
However, 11 projects, totaling 424 MW, remain under development, facing delays due to grid connection challenges and unresolved technical agreements within the power sector.
In recent months, investor interest has grown in offshore wind power opportunities, particularly near Con Co Island and the coastal areas of Hai Lang District.
Promoting wind, solar, and gas-fired power investments is a priority for Quang Tri as it pursues its goal of becoming a central Vietnam energy hub by 2030. The province aims to achieve a total energy capacity of 9,000–10,000 MW as part of its broader energy development strategy.
As part of its energy transition efforts, Quang Tri has also proposed converting the Quang Tri 1 BOT coal-fired power plant into a liquefied natural gas (LNG) power plant.
This shift is expected to enhance environmental protection while leveraging existing infrastructure, including the Hai Khe resettlement area, which has received an investment of over VND250 billion for resident relocation.
The Quang Tri 1 BOT coal-fired power plant, invested in by Thailand’s Electricity Generating Authority (EGAT), was designed with a capacity of 1,320 MW and a total investment of over VND55,000 billion.
Construction began in 2019 in Hai Khe Commune, Hai Lang District, but the project encountered significant difficulties and was halted in 2024.
Source: The Saigon Times
Related News
SAFETY IS LIFE – DISCIPLINE IS STRENGTH
At Phuc Vuong, we believe that no project is more important than human life. To us, safety is not just a slogan; it is a vital principle with no exceptions. All these efforts serve one simple goal: to ensure every colleague can work with peace of mind, and every worker returns home safe and sound after every shift. This is our highest commitment and the sustainable foundation that Phuc Vuong always upholds.
DOING BUSINESS WITH CHINA 2.0
As China continues to evolve into a global powerhouse in innovation, technology, and advanced manufacturing, understanding how to effectively engage with this market has never been more critical. Doing Business with China 2.0 is a flagship executive programme designed to equip business leaders with practical insights, strategic perspectives, and first-hand exposure to navigate China’s rapidly changing landscape.
VNAT EYES 25 MILLION FOREIGN VISITORS IN 2026
In the first quarter of the year, international arrivals amounted to 6.7 million, up 12.4% from a year earlier and the highest level on record. Domestic travel reached an estimated 37 million trips, with total tourism revenue at around VND267 trillion. Global developments pose risks. Geopolitical tensions in the Middle East have driven up fuel prices, increasing transport and tourism service costs.
VIETNAM’S CREDIT TOPS VND19.18 QUADRILLION, FLOWS INTO PRODUCTION SECTORS
Total outstanding loans in Vietnam’s banking system had reached over VND19.18 quadrillion in the year to March 31, up 3.18% against the end of 2025, with lending largely directed toward production and priority sectors, according to the State Bank of Vietnam. Data released at the central bank’s first-quarter press briefing on April 14 showed that several Government-backed lending programs have recorded notable disbursement progress. A credit package for the forestry and fisheries sectors has been expanded sharply, from VND15 trillion to VND185 trillion.
VIETNAM GETS US$2.64 BILLION FROM SEAFOOD EXPORTS IN Q1
Vietnam’s seafood sector booked around US$927 million in export revenue in March, bringing the total in the first quarter of this year to US$2.64 billion, showed data from the Vietnam Association of Seafood Exporters and Producers (VASEP). China was the primary export market in Q1. Other markets such as the U.S., Japan and South Korea imported less due to weakened consumer spending and stringent technical barriers.
HCMC SET TO START WORK ON SEVEN MAJOR INFRASTRUCTURE PROJECTS
Ho Chi Minh City plans to simultaneously break ground on seven major infrastructure projects worth a combined VND380 trillion on the occasion of Vietnam’s Reunification Day (April 30). The projects are highly expected to unlock public investment and fuel economic growth. To prepare for the simultaneous launch, relevant departments and authorities have worked to streamline administrative procedures while maintaining legal compliance, with the goal of meeting conditions for groundbreaking on the occasion of the national holiday.
























