On October 6, the BOT Van Phong 1 Thermal Power Plant project (Ninh Phuoc commune, Ninh Hoa town, Khanh Hoa) officially broke ground after 12 years of waiting. Attending were Mr. Nguyen Tan Tuan - Permanent Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council; Nguyen Dac Tai - Permanent Vice Chairman of Provincial People's Committee and leaders of relevant departments, agencies and branches.

In addition, the CPMB frequently reminds contractors to pay attention to disbursement, pay attention to salaries and bonuses for construction workers on the site. At the construction sites, the spirit of the employees and employees are very determined to ensure the progress and quality of the urgent transmission projects assigned by the CPMB....

On 10/2/2020, Pacific Corporation officially started the construction of embankment item of Van Phong 1 Thermal Power Plant Project in Ninh Hoa district, Khanh Hoa province with the sub-contractor of CP Joint Stock Company. Phu Xuan Consulting and Construction.

On February 24, the Southern Petrochemical Complex ((Long Son Petrochemicals - LSP) with a total investment of US $ 5.4 billion was organized to start construction in Ba Ria - Vung Tau province. This is the first petrochemical complex. In Vietnam, with a capacity of 1.6 million tons / year, capable of replacing the imported polyolefins, the project also includes other infrastructure besides petrochemical production complex, deep-water port.

After nearly 12 years of waiting, the necessary procedures for Van Phong 1 Thermal Power Plant Project have been completed. When the plant is started construction, it will bring a boost to Van Phong Economic Zone.