Secretary of provincial Party Committee holds working session with Japanese group
Friday, December 16, 2022
YBO - Secretary of the provincial Party Committee Do Duc Duy held a working session on December 12 with Chairman and General Director of Japanese group EREX Honda Hitoshi.
An overview of the meeting
Duy told Hitoshi that Prime Minister Pham Minh Chinh and the Government of Vietnam strongly support biomass power development in Yen Bai. Therefore, he will work together with the Minister of Industry and Trade to include the biomass power project into the National Power Development Plan VIII.
The official agreed with the proposal of the group and EREX JSC in Vietnam regarding the pilot implementation, saying the province will seek approval from the Ministry of Industry and Trade for the proposal.
The ministry and Yen Bai encourage the development of biomass power projects in the locality to serve socio-economic development, protect the environment, and ensure the electricity supply for the northern midland and mountainous region, he affirmed.
Duy asked the firm and Van Yen district to soon coordinate with each other in site clearance.
Secretary of the provincial Party Committee Do Duc Duy presents a souvenir to Honda Hitoshi - Chairman and General Director of EREX.
For his part, Hitoshi said that the project will be rolled out in Dong Cuong commune, Van Yen district, adding that his group has established EREX JSC in Vietnam.
Over the past time, with the support of departments and localities of Yen Bai province, the company has studied and evaluated potential projects of the province, and completed feasibility study.
The biomass power project has a capacity of 75 MW and a total investment capital of over 4.7 trillion VND (199.82 million USD) with modern Japanese equipment.
The construction is scheduled to begin in March 2023 after an investment licence is issued.
As of now, Yen Bai Province has a total of 273 OCOP (One Commune One Product) items certified, including 25 products rated 4 stars and 248 rated 3 stars.
Since the beginning of the year, Van Yen District has recorded 90 individuals participating in overseas labor programs. Among them, 45 workers were sent to Japan, 7 to South Korea, 36 to Taiwan, and 2 to Qatar. This makes Van Yen the locality with the highest number of overseas laborers in the province as of early 2025.
Since the beginning of 2025, the implementation of a range of coordinated measures has enabled Yen Bai Province to achieve positive outcomes in the disbursement of public investment capital. Notably, the province ranks among the 35 provinces and cities with disbursement rates higher than the national average.
Over the five-year period from 2021 to 2025, Yen Bai Province has created jobs for 110,339 workers. Of these: 56,393 were employed through socio-economic development programs, 11,907 accessed loans from the National Employment Fund, 2,886 worked abroad under labor export programs, and 39,153 were supplied to out-of-province employers.