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Hanoi (VNA) – Vietnam and Thailand held the seventh political consultation under the chair of Vietnamese Deputy Foreign Minister Nguyen Quoc Dung and Permanent Secretary of the Thai Foreign Ministry Busaya Mathelin in Hanoi on January 20. The two sides shared the view that the friendship and enhanced strategic partnership between Vietnam and Thailand have attained strong and substantive strides. In 2019, their high-level leaders continued to exchange visits, including an official trip to Thailand and the attendance in the 40th General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA) there by National Assembly Chairwoman Nguyen Thi Kim Ngan in August. They also frequently met each other at multilateral forums, especially on the sidelines of the ASEAN summits hosted by Thailand. Cooperation mechanisms have continued proving effective, the officials said, noting that the countries successfully organised the third meeting of the joint committee on bilateral cooperation in … [Read more...] about Vietnam, Thailand hold 7th political consultation in Hanoi

Bangkok (VNA) - The state-run Electricity Generating Authority of Thailand (Egat) has signed a contract with B.Grimm Power-Energy China Consortium a contract to develop the world’s largest hydro floating solar hybrid power project in Sinrindhorn dam in Ubon Ratchathani, local media reported. The project, which will be developed by the consortium under an engineering, procurement and construction contract, has a power capacity of 45MW for the floating solar farm worth 842 million baht (about 27.74 USD). Solar power generation on the water surface requires 450 rai, equal to solar panels on a ground site. Sirindhorn dam is the pilot project for the hybrid system, with 36MW hydropower generation to enlarge capacity optimisation, Thepparat Theppitak, Egat's Deputy Governor for power plant development and renewable energy, was quoted by the Bangkok Post newspaper as saying. Egat expects to commence operation of this project by December. Egat is committed to the floating solar farms … [Read more...] about Thailand develops world’s largest hydro floating solar hybrid power project

Hanoi (VNA) – The Thai government has agreed with Toyota Motor Corp.’s plan to produce electric vehicles and plug-in hybrids in Thailand. With approval from the Thai government's Board of Investment, effective on January 7, Toyota will have to initiate production within three years to benefit from the country's tax privileges, including corporate income tax exemption, although no penalties will be imposed for abandoning the plan, Kyodo news reported. However, details about schedule and models for production have yet to be finalised. In its strategy released in 2017, Toyota aims to sell more than 1 million electric vehicles and fuel-cell vehicles by 2030 globally. The Board of Investment introduced its tax privilege scheme for electric vehicles and plug-in hybrids in March 2017 to promote investment in such green cars. Besides Toyota, Mazda Motor Corp., Nissan Motor Co. and Mitsubishi Motors Corp. among other Japanese automakers have also applied for the scheme./. … [Read more...] about Toyota gets approval for electric vehicle production in Thailand

Bangkok (VNA) - The Royal Irrigation Department (RID) is speeding up the building of 421 Kaem Ling projects -- water reservoir projects initiated by His Majesty King Rama IX -- as water catchment areas over 1.2 million rai. The reservoirs will be capable of storing 942 million cubic metres of water, the Nation newspaper quoted Agricultural Minister Chalermchai Sri-on as saying. In fiscal budget 2020, the project will increase another 176,968 rai for irrigation and 199.54 million cubic metres for water retention. Due to the high fluctuations in rainwater, which affects the volume of runoff and water in the reservoir, especially in 2019, the Chao Phraya River Basin does not have enough water to meet demands. Excess water usage caused by the saltwater encroachment problem have affected the ecology and water quality of consumers and agriculture. The RID has to divert 850 million cubic metres of water from the Mae Klong River Basin to the lower Chao Phraya River Basin during the dry … [Read more...] about Thailand speeds up construction of reservoirs

Both sides agreed that the friendship and strengthened strategic partnership between the two nations have made great strides, demonstrated by their senior leaders’ continued exchange visits in 2019, including an official trip to Thailand and the attendance in the 40th General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA) there by National Assembly Chairwoman Nguyen Thi Kim Ngan in August. They also regularly met each other at multilateral forums, especially on the fringes of the ASEAN summits hosted by Thailand. Cooperation mechanisms have proved effective as the two countries successfully organised the third meeting of the joint committee on bilateral cooperation in January, the 11th meeting of the joint working group on political-security cooperation in August, and the third defence policy dialogue at the deputy ministerial level in September, they said. The diplomats described economic, trade and investment ties as an impressive highlight in bilateral relations. … [Read more...] about Vietnam, Thailand hold political consultation in Hanoi