Investment

Japan is currently the second-largest investor in the northern province, with a total capital of over $2 billion.

At the October 18 conference, Prime Minister Pham Minh Chinh underlined that to achieve economic growth of over 8% in 2025 and create momentum for double-digit growth in the following years, investment, especially public investment, with its role as a key growth driver, must be stronger accelerated.

The project aims to build synchronized infrastructure adapting to climate change, contributing to reducing urban flooding, developing a regional transport system.

Addressing the event, Deputy Prime Minister highlights energy’s vital role, not only in ensuring national energy security but also in supporting sustainable socio-economic development.

Actively taking part in a carbon credit market presents the means for Vietnamese enterprises to minimize their environmental impact and improve their international competitiveness.

The line capable of transmitting around 3,000 MW from hydropower plants in the country’s Northwest region to the national grid.