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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

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  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
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Ho Chi Minh City
Saturday, July 12, 2025

Hydropower plant in Kon Tum causing floods fined VND160 million

The Saigon Times

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HCMC – Gia Nghi Co., Ltd, the investor of the Dak Po Ne 2AB hydropower plant in Kon Tum Province, which had earlier stored and then released water without an announcement, inundating a large area of crops belonging to local residents, has been fined VND160 million.

The Kon Tum government issued a decision fining Gia Nghi Co., Ltd for exploiting and using the water resource at the Dak Po Ne 2AB hydropower plant without a license, Lao Dong newspaper reported.

The hydropower plant with a capacity of 5.1 megawatts in March 2021 discharged water without an announcement, inundating many pepper and coffee farms, causing heavy losses for local farmers. These farmers later proposed the Kon Tum government and the provincial delegation of National Assembly deputies handle Gia Nghi Co., Ltd’s violation.

However, these farmers have yet to be compensated, although the provincial Departments of Natural Resources-Environment and Industry-Trade have repeatedly inspected the hydropower plant.

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