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Vietnam to host 2021 World Team Tennis season in mid-June

February 23, 2021 by sggpnews.org.vn

The four- day competition is expected to take place at Hai Dang Tennis Club in Tay Ninh Province.

According to the regulations, Vietnam team will compete with eight national tennis teams of Hong Kong (China), Syria, Sri Lanka, Kuwait, Qatar, Jordan, Malaysia and Pacific Oceania including players from Oceanian countries except for Australia and New Zealand.

Vietnam to host 2021 World Team Tennis season in mid-June ảnh 1

2021 World Team Tennis season will take place at Hai Dang Tennis Club in Tay Ninh Province.

Vietnamese top tennis players including Ly Hoang Nam, Trinh Linh Giang, Le Quoc Khanh, Pham Minh Tuan, Nguyen Van Phuong, Vu Ha Minh Duc, Nguyen Dac Tien under training of Head Coach of Vietnam national tennis team Truong Quang Vu will join in the regional sport event.

According to General Secretary of Vietnam Tennis Federation Mr. Doan Thanh Tung, the Vietnam Tennis Federation will ask the World Tennis Federation to suspend the event if the pandemic situation is more complicated.

By Gia Man- Translated by Huyen Huong

Ericsson named a Leader in 2021 Gartner Magic Quadrant for 5G network infrastructure

February 25, 2021 by www.vir.com.vn

Ericsson has been recognised as a Leader in 5G network infrastructure

Ericsson’s Leaders quadrant recognition in the February 2021 Gartner Magic Quadrant for 5G Network Infrastructure for Communication Service Providers (CSPs) report recognises the company’s Leader position in both completeness of vision and ability to execute.

Vendors offering 5G solutions for communications service providers were comprehensively and independently assessed and evaluated by Gartner experts on their completeness of vision and ability to execute to provide a market snapshot on 5G infrastructure abilities.

End-to-end 5G network infrastructure vendors were evaluated on how they enable IT provider performance to be competitive, efficient, and effective and to positively impact revenue, retention, and reputation within Gartner’s view of the market. The assessment of ability to execute included Ericsson’s products and services, Market Responsiveness and Track Record, Marketing Execution, Customer Experience, and Overall Viability.

Fredrik Jejdling, executive vice president and head of Networks, Ericsson, said: “From research to rollout, we have invested heavily in 5G to ensure we have the best products, skills, and field personnel to meet our customers’ needs. We believe that recognition as a Leader in the Magic Quadrant from Gartner reflects our technology leadership, market competitiveness, determination to innovate, and commitment to our customers.”

Gartner Magic Quadrant for 5G network infrastructure for communications service providers

Ericsson, as an industry leader in 5G networks, currently has more than 130 commercial 5G agreements with unique CSPs and powers 79 live 5G networks across the globe.

Ericsson continuously evolves its end-to-end 5G offerings, which include Ericsson Radio System, 5G Core, Orchestration and 5G Transport, as well as professional services. The company has introduced innovative software solutions such as Ericsson Spectrum Sharing, 5G carrier aggregation, and Uplink Booster, which significantly improve coverage, user throughput, and spectral efficiency.

These solutions support service providers in deploying and evolving 5G to ensure the best end-user experience. In addition, Ericsson Radio System products delivered since 2015 can support 5G New Radio (NR) capability through remote software installation.

Ericsson Digital Services offers a dual-mode 5G Core solution for smarter networks to drive smarter business, allowing communications service providers to offer a multitude of new business opportunities for mobile users and industries.

Ericsson’s 5G Core solution combines an Evolved Packet Core and 5G Core network functions into a common cloud-native platform that supports 5G NR Standalone and Non-standalone, plus 4G, 3G, and 2G.

Ericsson enables communications service providers to capture the full value of connectivity. The company’s portfolio spans Networks, Digital Services, Managed Services, and Emerging Business. It is designed to help the customers go digital, increase efficiency, and find new revenue streams. Ericsson’s innovation investments have delivered the benefits of mobility and mobile broadband to billions of people around the world. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York.

By Ericsson

Vietnam’s economy to be Southeast Asia’s growth leader in 2021: Nikkei

February 24, 2021 by en.nhandan.org.vn

In its article, the leading financial newspaper of Japanese media giants Nikkei Inc., said Vietnam is targeting a growth rate of 6.5% this year.

The agency stated Vietnam’s exports will likely continue to be supported by US tariffs on Chinese goods and that in order to avoid US tariffs, importers have shifted demand from China to alternative suppliers, with this trend likely to continue.

According to the agency, before the pandemic, Southeast Asia achieved collective annual growth of about 5% for many years, making it one of the world’s best-performing regions.

The region also became an attractive investment destination, with a relatively young population driving demand and providing plenty of labour. These advantages remain in place, but first the region needs to stamp out COVID-19.

Nikkei also reported that Southeast Asian economies are aiming to this year regain the growth momentum they had before the COVID-19 pandemic caused historic declines in 2020. A look at early forecasts around the region, however, shows a wide range of scenarios as risk continues to lurk.

The agency said that Singapore hopes to achieve its forecast of gross domestic product growth of 4% to 6% for 2021, Indonesia expects GDP to grow by between 4.5% and 5.5% this year, the Philippines projects a growth range of 6.5% to 7.5%, while Thailand has lowered its targets, revising its 2021 forecast down to between 2.5% to 3.5% growth.

Hùng Kings Festival 2021 to exclude festivities

February 25, 2021 by vietnamnews.vn

Visitors to the Hùng Temple Relic are asked to wear masks and keep their distance from others. — VNA/VNS Photo Trung Kiên

HÀ NỘI — The Hùng Kings Festival, which pays tribute to the founders and first kings of the nation, will be held similarly to last year, with ceremonial activities but no festivities.

The plans for the national major festival were decided at a meeting of the People’s Committee of the northern province of Phú Thọ where it is held annually.

The ceremonies will be conducted with the death anniversary of the great father of the nation Lạc Long Quân and the incense offering to commemorate great mother of the nation Âu Cơ on April 17 and incense offering ceremony to commemorate the Hùng Kings and the flower offering ceremony on April 21.

Speaking at the meeting, vice chairman of the Provincial People’s Committee Hồ Đại Dũng said the event would take place in a respectful atmosphere, while strictly abiding by measures to prevent COVID-19 from spreading under the guidance of the Ministry of Health.

This is the second year the Hùng Kings Festival will include only ceremonial activities and no festivities.

According to Lê Trường Giang, director of the Hùng Kings Temple Relic Management Board, the temple received more than 20,000 visitors on the occasion of Tết (Lunar New Year).

“The measures to prevent the spread of the COVID-19 pandemic have been taken seriously at the historical site. At the same time, the visitors’ awareness has been much improved this year,” he said.

The Hùng Kings Temple Relic Complex covers more than 1,000ha, more than half of which is forest. The complex is scattered with dozens of temples dedicated to the legendary kings.

There are some 300 temples dedicated to the Hùng Kings and other figures from the Hồng Bàng dynasty (2879 to 258 BC) in Phú Thọ, and nearly 1,500 sites dedicated to the kings throughout the country.

UNESCO placed the “Worship of Hùng kings in Phú Thọ” on the Representative List of the Intangible Cultural Heritage of Humanity on December 6, 2012,

The Hùng Kings Festival is held annually from the 8th to the 11th day of the third lunar month, which falls on April 19 to April 22 this year, as a tribute to the Hùng Kings who are credited with establishing the nation.

The main festival day, which is also a public holiday in Việt Nam, is on the 10th day or April 21. — VNS

Overview on Vietnam LNG projects

September 30, 2020 by hanoitimes.vn

The Hanoitimes – LNG is believed to be a major source in Vietnam’s power mix capacity of roughly 130 GW by 2030.

Vietnam has drafted a new master power development plan in which liquefied natural gas (LNG) will be a major source of energy for the country with two-digit annual energy demand growth by 2030.

LNG is a major source in Vietnam’s power mix energy by 2030. Photo: PV GAS

Vietnam’s Institute of Energy has compiled a list of 22 LNG power plants with the first to be operational by 2023.

To make the goal achievable, Vietnam has planned to develop infrastructure capable of importing 8 billion cubic meters (cu.m) of LNG a year by 2030, including LNG from the US that has a widening trade imbalance with Vietnam.

The following proposed LNG projects in Vietnam will provide an overview on the country’s LNG landscape in the future, Reuters has reported.

1/ Thi Vai LNG Terminal & Nhon Trach 3, 4 Power Plants is located in the southern province of Ba Ria-Vung Tau and invested by Petrovietnam Gas Joint Stock Corporation (PV GAS).

Its capacity for the first phase is 1 million tons per year (tpy) of LNG scheduled to be completed by 2022 and to be raised to 3 million tpy by 2023.

PetroVietnam Power Corporation (PV Power) has approved a US$1.4 billion plan to build the Nhon Trach 3 and 4 gas-fired power plants in neighboring Dong Nai province with a combined capacity of between 1,300 megawatts (MW) and 1,760 MW.

The plants, which will use 1.4 million tpy of LNG, are scheduled to become operational from 2023 and 2024, making them the first LNG-to-power facilities in Vietnam.

LNG: PV Gas has signed master sales agreements with Shell Singapore, a unit of Royal Dutch Shell, and Gazprom Marketing and Trading Singapore (GMTS), a unit of Gazprom, for supply of LNG.

Status: The project is under construction.

2/ Khanh Hoa Petrolimex Terminal Project is located in the central province of Khanh Hoa and invested by Vietnam National Petroleum Group (Petrolimex)

The combined capacity of four power plants is 6,000 MW to be built by state utility Electricity of Vietnam (EVN).

LNG: The complex has 180,000-cubic-meter LNG storage facility

Status: Petrolimex signed an agreement with Japan’s then JXTG (now Eneos Holdings) in July 2019 to compile an LNG & Gas Development plan, including the development of the complex.

3/ Ca Na LNG Power Complex is an EVN project located in the central province of Binh Thuan.

The first phase of the project is 1,500 MW expected to become operational in 2025-2026.

LNG: The complex will use LNG imported via a terminal to be developed at the nearby Ca Na Port.

Status: The project is available for investors.

4/ Bac Lieu LNG-to-power Complex is located in the southern province of Bac Lieu by Singapore-based Delta Offshore Energy Pte Ltd.

The power plant capacity is 3,200 MW.

LNG: The complex includes either a floating storage unit or a floating storage regasification unit with capacity of 150,000-174,000 cu.m and 35 kilometers of pipelines.

Status: Construction work on the US$4 billion project is scheduled to start in 2021 and the completion is slated for 2024. It will be the first large-scale LNG project to be developed by a foreign investor.

5/ Son My 2 LNG Power Plant is developed by US-based AES Corp in the central province of Binh Thuan.

The power plant capacity is 2,200 MW.

LNG: will be imported via the nearby Son My LNG terminal which will be built by PV GAS. The terminal has an initial throughput capacity of 3.6 million tpy.

Status: Memorandum of understanding for the US$1.7-billion project was signed in 2019. It is due to become operational in 2026 or 2027.

6/ Son My 1 LNG Power Plant is a project developed by EDF, Sojitz Corp, Kyushu Electric Power Co and Pacific Corp to be located in the central province of Binh Thuan.

Capacity of the power plant is 2,000 MW.

LNG: The facility is estimated to use 0.57 million tpy of imported LNG which will be transported via nearby Son My LNG Terminal.

Status: The power plant is expected to put into operation in 2027.

7/ Long Son LNG Power Complex is a US$3.78 billion project in the southern province of Ba Ria-Vung Tau to be invested by EVN and possibly units of Mitsubishi Corp and General Electric.

The power plant’s capacity for the first phase is between 1,200 MW and 1,500 MW once the facility is put into operation in 2025-2026.

LNG: will be imported via the nearby Long Son LNG terminal, which has a capacity of between 3.5 million and 4.4 million tpy.

Status: Authorized agencies are selecting investors.

8/ Ca Mau 3 LNG Power Plant is a project by PV Power located in the southernmost province of Ca Mau.

With an investment of US$1.51 billion, the power plant with capacity of 1,500 MW and scheduled for operation by 2026-2027 is put in a halt.

9/ US-Vietnam Joint Venture Chan May LNG in the central province of Thua Thien-Hue will be developed by Chan May LNG JSC, a US-Vietnam joint venture.

The power plant’s capacity is 4,000 MW.

LNG: Construction of the US$6-billion complex, which includes an LNG terminal and storage facilities, is scheduled to begin in 2021, with the first phase of 2,400 MW expected to come on line by 2024.

Status: Memorandum of understanding for the project has been signed.

Vietnam needs US$320.6-billion for power industry by 2045

February 25, 2021 by hanoitimes.vn

The Hanoitimes – Developing renewable energy sources are a priority of the National Power Development Plan VIII.

The Ministry of Industry and Trade has predicted that Vietnam will need an investment of US$320.6 billion for developing the national power industry in the 2021-2045 periods.

Cat Tuong solar project in the southern province of Long An. Photo: Cat Tuong company

It is a major content in the draft National Power Development Plan VIII (PDP VIII) for which the Institute of Energy under the Ministry of Industry and Trade is collecting feedback from the relevant agencies.

Vietnam’s electricity output is forecast to rise to 877 billion kWh by 2045 to meet the growing demand for economic expansion, according to the PDP VIII.

By 2030, the power industry will need an investment of US$128.3 billion in building electricity generation and the power grid. The total investment in the 2031-2045 period will be some US$192.3 billion.

Total installed capacity of electricity sources in Vietnam will reach 137.2GW by 2030, in which wind, solar and other renewable energies will make up the largest proportion (29%), followed by coal-fired thermal power (27%), gas thermal power (21%).

Chart: Phi Nhat

By 2045, the total installed capacity of power sources will gain nearly 276.7GW, in which wind, solar and other renewable energies account for the major portfolio (44%), besides gas thermal power (24%) and coal-fired thermal power (18%).

The draft plan also revealed that Vietnam will continue to import electricity from China, Laos and Cambodia in the next 10 years.

Vietnam Electricity, the state-owned company, is purchasing electricity from China through two 220kV power lines, with 1.5 billion kWh of power being bought annually during the 2016-2020 period. This northern neighboring market can sell up to 3,000MW of electricity or more to Vietnam from now until 2030.