Tra Vinh Province grants $120-million wind power project

The Tra Vinh 1 Wind Energy Project was granted investment certificate on June 11, according to the provincial Economic Zones Management Board.

The 100-percent-foreign-invested wind power project costs US$120 million and will last for 50 years. It will be built at Dinh An Economic Zone and comprises of a 48-megawatt plant with 24 wind turbines.

The plant will start construction in September this year and it is expected to put into operation in September 2017. The project aims to generate power from wind energy then supply the national power grid.

By Dinh Canh – Translated by Thuy Doan

Other news

Most view


VAMC buys nearly VND21 trillion deep debts

Vietnam Asset Management Company (VAMC) purchased VND20,995 billion (US$924 million) of deep debts from credit institutions during the first nine months this year with the price of VND20,619 billion.


Economy stable, inflation under 4%

The Government reported yesterday to the National Assembly that the macro economy remains stable, inflation is controlled under 4 percent, and the annual growth target of 6.7 percent is likely to be achieved. The Gross Domestic Product (GDP) per capita is estimated to reach US$2,400 this year.

Self - introduction

Stock market

180m shares start trading on UPCoM this week

Nearly 180 million shares of four companies will start trading on the Unlisted Public Company Market (UPCoM) on the Hà Nội Stock Exchange on October 16-20.