Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Construction begins on 500kV Lao Cai-Vinh Yen transmission line
Prime Minister Pham Minh Chinh called for completing the construction of the 500kV Lao Cai-Vinh Yen power transmission line within six months.
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| Prime Minister Pham Minh Chinh addresses the groundbreaking ceremony of the 500kV Lao Cai-Vinh Yen power transmission line in Vinh Phuc province, March 16, 2025. Photo: VGP |
Pham made the request on Sunday while addressing the groundbreaking ceremony of the project in Vinh Phuc province.
The project spans 229.5 km across four provinces of Lao Cai, Yen Bai, Phu Tho, and Vinh Phuc, connecting the 500kV Lao Cai substation to the 500kV Vinh Yen substation.
Once completed, the transmission line will help ensure stable operation of the national power system, increase power supply for northern Viet Nam and power import capacity.
The Government estimated that one percent GDP growth would require 1.5 percent growth in power generation. With the Government's GDP growth goal of at least 8 percent this year, power generation needs to grow by 12-13 percent.
The above growth scenario prompts the need to raise power generation capacity by an addition of around 2,200- 2,500MW and to further strengthen transmission capacity.
In 2024, primary power consumption was estimated to increase by 11-13 percent from 2023, the Government said./.
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