First sheep wool yarn spinning plant to be built in Da Lat

First sheep wool yarn spinning plant to be built in Da Lat 2

With the total investment of $50 million, the plant will produce 4,000 tonnes of sheep wool yarn a year.
SoftBank and Saudi Arabia sign for world's largest solar power project

SoftBank and Saudi Arabia sign for world's largest solar power project

SoftBank’s chairman and Saudi prince Mohammed bin Salman have just signed a Memorandum of Understanding to develop the world’s largest solar power project.
Hydropower burst spurs on EVN

Hydropower burst spurs on EVN

A sharp hike in hydro-power price has helped Electricity of Vietnam (EVN), the nation’s sole power distributor, wrap up 2012 with a bang.
Less capital means more Chinese-sourced power

Less capital means more Chinese-sourced power

Capital shortages for electricity infrastructure could also be one of the reasons why the Electricity of Vietnam Group (EVN) has had to increase power purchase from other sources, including China, in the first seven months of this year.
Delta seafood firms, farmers in chain of debts

Delta seafood firms, farmers in chain of debts

The business cooperation between some seafood processing companies in the Mekong Delta provinces and catfish farmers have turned into a chain of debts, with the processors unable to pay farmers, who in turn also fail to repay the feed suppliers, and so on.
Vietnam pilots first phase of energy market experiment

Vietnam pilots first phase of energy market experiment

The Ministry of Industry and Trade launched the competitive power generation market on July 1 with the participation of 48 power plants.
Steel plants’ longer life fuels modernisation business

Steel plants’ longer life fuels modernisation business

Technical viability for expanding steel plants’ lifespans is paving way for blossoming sevices and modernisation business, a technology captain has anticipated.
Industry minister warns of worsening power supply problems

Industry minister warns of worsening power supply problems

Minister of Industry and Trade Vu Huy Hoang told the National Assembly last week that the power supply problems would worsen in the coming months, especially in May, the peak of the dry season.
Electricity drought to continue as rains fail

Electricity drought to continue as rains fail

The nation’s long power drought is to roll on as hydro power plants await promised rains.

Vinacoal eyes $750m for power plants hunt

State-owned coal corporation Vinacoal is seeking more than $750 million in foreign investment to help finance seven new coal-fired thermal electric plants with a combined capacity of 1,200 megawatts.