Prime Minister requests Chinese corporations to contribute to ensuring energy security for Vietnam

Thanh Hà |

Prime Minister Pham Minh Chinh suggested that Hoa Dien Group of China promote its strengths and achievements, contributing to ensuring energy security for Vietnam.

At noon on May 14, at the Government Headquarters, Politburo member and Prime Minister Pham Minh Chinh received Mr. Bang Cuong Binh - Chairman of the Board of Directors of Hoa Dien Science and Technology Group Limited (Hoa Dien Group).

According to VNA, delighted to meet Mr. Peng Cuong Binh and the working delegation to visit and work in Vietnam, the Prime Minister said that the Vietnamese Government welcomes foreign and Chinese enterprises to expand investment and business in Vietnam, especially in areas that are suitable for sustainable development needs, in line with China's strengths, bringing benefits to both sides, including the energy sector.

Mr. Bang Cuong Binh said that Hoa Dien Group has invested about 2.8 billion USD in power projects in Vietnam with a total installed capacity of 1.5 GW, including Duyen Hai Thermal Power Plant; 4 wind power projects in Dak Lak. The Group wishes to continue investing in the development of the renewable energy industry in Vietnam, including implementing additional projects of thermal power, wind power, energy reserves in Dak Lak, Tra Vinh, Quang Tri, Lam Dong; cooperating with research institutes and universities in Vietnam to promote technology transfer and human resource training.

Mr. Bang Cuong Binh proposed that the Vietnamese Government soon complete investment policies for green energy projects such as wind power, solar power, thermal power, hydrogen, energy storage and renewable hydropower, especially preferential policies for traditional energy upgrade technology, energy saving, low emissions and flexible renovation of coal-fired thermal power plants.

In the immediate future, he suggested that the Prime Minister direct support to remove difficulties for existing projects, speed up the acceptance, approval and putting them into commercial operation; create favorable conditions for the group in choosing locations, using land, and implementing new projects.

The Prime Minister requested Hoa Dien Group to promote its strengths and achievements, apply creativity and flexibility in Vietnam's conditions, contributing to ensuring energy security for Vietnam, including helping Vietnam Electricity Group in the science and technology of the electricity industry, ensuring clean energy security, meeting the country's development needs in the coming time.

Hoping that Hoa Dien Group will effectively implement the projects invested in Vietnam, the Prime Minister welcomed the group to continue investing in green energy projects such as wind power, solar power, PV, hydrogen, energy storage and renewable hydropower in Vietnam, investing, developing production, trade, research and development... in the spirit of "harmonious benefits, shared risks; harmonious benefits between the state, people, and businesses".

Thanh Hà
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