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Dung Quat Economic Zone Management Board is promoting to attract investments with billions US$ in energy and petrochemical technology projects.

On November 14, at the headquarter of Doosan Heavy Industries in Busan, Korea, Chairman of Quang Ngai Provincial People's Committee, Mr. Tran Ngoc Cang and leaders of  Dung Quat Economic Zone and Provincial Industrial Zones Authority (The Authority) had a working session with Doosan Heavy Industry Company and granted investment certificates to six Korean enterprises investing in Dung Quat Economic Zone, Quang Ngai province. This is event as part of the investment promotion chain of Quang Ngai Province in Korea, Doosan Vina is the bridge.

Speaking at an international press conference on situation of the East Sea held by Ministry of Foreign Affairs on May 23th, Mr. Do Van Hau - Director General of PetroVietnam affirmed, all of petroleum activities of Vietnam are carrying out completely on Vietnamese continental shelf and the Exclusive Economic Zone (EEZ) determined in accordance with the provisions of the 1982 UNCLOS.

EGAT International Company Limited and the B.Grimm Power Company (Thailand) have contacted leaders of Binh Dinh province to lean about opportunities for investing wind power projects in Nhon Hoi Economic Zone.

Thanh Hoa Provincial People’s Committee (PPC) has agreed the policy for PetroVietnam (PVN) to invest the project of harbor and universal petroleum services in Nghi Son Economic Zone. The project with a total investment level of VND 595 billion occupies about 54.9 ha in Nghi Son commune, Tinh Gia district, Thanh Hoa province.

In the morning of November 24, Southern Power Project Management Board in collaboration with the relative units of design consultancy, construction,  management and operation in power sector organized to check and take over and put the 220kV transformer substation of Phu My 2 Industrial Zone into operation, exceedingly the plan schedule for 6 days.

On 18th May 2014, at the Launch of "Vietnam Science and Technology Day" with the theme "Science and Technology - fast and sustainable development driving force", Prime Minister Nguyen Tan Dung affirmed: Science and technology is the lever in the process of economic restructuring and transformation of growth model, improvement of productivity, quality, efficiency and competitiveness of the economy.

There is an optimistic prospect for the Vietnamese economy in the coming time. With growth held down to about 5% in 2012 and 2013, policy makers will target faster expansion from 2014.

On June 22, chairing the Government's Standing Committee on the mechanisms for power plant and grid development, Prime Minister Nguyen Xuan Phuc emphasized that all economic backgrounds can participate in power generation and transmission electricity.

According to the Development Strategy of the Electricity of Vietnam (EVN) to 2030, with a vision to 2045 approved by the Prime Minister in Decision No. 538/QD-TTg dated April 1, 2021, EVN will develop into a strong, sustainable and effective economic Group.

The People’s Committee of Ba Ria – Vung Tau province has just sent an official document to ask the General Department of Energy (GDE), Ministry of Industry and Trade to appraise and submit for Prime Minister’s approval supplementing 100MW solar PV project in Chau Duc Industrial Zone into National Power Development Planning.

In the first 6 months of 2022, Vietnam Coal and Mineral Industries Group (Vinacomin) has exceeded the set-out plan on coal production and sale for ensuring not to break the coal supply chain for power generation and economic development and to contribute to the national energy security guarantee.

On February 28, in Quang Ngai city, the Ministry of Industry and Trade (MoIT) in coordination with Electricity of Vietnam (EVN) to organize a ceremony to announce the adjustment of the site planning of the Power & Gas Center in Central Region - Dung Quat Power Center.

PetroVietnam Oil Stockpile Company, a member unit under state-run oil and gas group PetroVietnam, recently affirmed its commitment to building a $250-million underground oil storage terminal in the central province of Quang Ngai’s Dung Quat economic zone.

Dung Quat Economic Zone Management Board has  announced the boundary location of Dung Quat Thermal Power Plant (TPP) in Son Tra, Tan Hy villages, Binh Dong commune, Binh Son district.