Danish energy fund CIP’s $10.5 bln wind power project to create 45,000 jobs in Vietnam

Danish energy fund CIP’s $10.5 bln wind power project to create 45,000 jobs in Vietnam

Denmark’s Copenhagen Infrastructure Partners (CIP) plans to invest $10.5 billion in a 3.5 GW offshore wind power project in Vietnam’s central province of Binh Thuan, creating 45,000 full-time equivalent jobs.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Denmark’s Vestas, Vietnam’s IPICO to cooperate in wind power development

Denmark’s Vestas, Vietnam’s IPICO to cooperate in wind power development

Denmark’s leading wind power business Vestas and Vietnam’s top industrial park developer Son My Industrial Park Investment Construction and Trading Infrastructure JSC (IPICO) have announced plans to cooperate in wind power development.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Binh Thuan province to receive huge investment capital flow

Binh Thuan province to receive huge investment capital flow

The south-central Vietnamese province of Binh Thuan has granted in-principle approval, investment registration certificates, and investment memoranda to multiple domestic and foreign businesses, including those leading in the fields of infrastructure, real estate, footwear and steel.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

2023: energy, electronics sectors shine bright as Vietnam attracts huge foreign investments

2023: energy, electronics sectors shine bright as Vietnam attracts huge foreign investments

Energy and electronics sectors hogged the limelight as registered foreign direct investment (FDI) in Vietnam reached $36.6 billion this year through December 20, up 32.1% year-on-year.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Agribank auctions Vietnam’s first wind power project, bids starting at $49.6 mln

Agribank auctions Vietnam’s first wind power project, bids starting at $49.6 mln

State-owned Agribank is auctioning the Phong Dien 1 wind power plant, Vietnam’s first such facility, with bids starting at VND1,205 billion ($49.6 million).

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Binh Thuan province certifies investors in LNG-to-power projects

Binh Thuan province certifies investors in LNG-to-power projects

Binh Thuan authorities granted investment certificates to six investors in four projects within the LNG-to-power chain in the south-central Vietnam province on Friday.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Wind power mast catches fire in central Vietnam

Wind power mast catches fire in central Vietnam

A wind power mast worth hundreds of thousands of U.S. dollars in Binh Thuan province caught fire on Wednesday morning.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Danish fund to continue investments in Vietnam offshore wind projects

Danish fund to continue investments in Vietnam offshore wind projects

Denmark’s Copenhagen Infrastructure Partners (CIP) will continue to back offshore wind power development in Vietnam, including a mega project in the south-central province of Binh Thuan.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam plans two new airports for central region 

Vietnam plans two new airports for central region 

Vietnam’s central region is set to build new airports in Binh Thuan, Quang Tri and Quang Tri provinces, according to the Ministry of Transport’s newly-released plan for developing air transport in the region until 2030 with a vision to 2045.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Norway energy giant Equinor eyes offshore wind power in Binh Thuan

Norway energy giant Equinor eyes offshore wind power in Binh Thuan

Norway's largest energy group Equinor, in cooperation with state-run Petrovietnam, eyes to conduct an offshore wind power survey in the south-central province of Binh Thuan.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Phu Quy island welcomes 1 more passenger ship

Phu Quy island welcomes 1 more passenger ship

Phu Quy, known as one of the most beautiful islands in central Vietnam, welcomed one more passenger ship on Friday, raising the total number to six.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Former Binh Thuan province chairman sentenced to 5 years in prison

Former Binh Thuan province chairman sentenced to 5 years in prison

Former chairman of Binh Thuan province Nguyen Ngoc Hai received five years in prison on Wednesday for allocating public land to a company at reduced prices, causing losses of VND45 billion ($1.9 million) to the state budget.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

Search for investor in Phan Thiet airport upgrade project continues

Search for investor in Phan Thiet airport upgrade project continues

Binh Thuan province's search for a new investor in the Phan Thiet airport upgrade project under a build-operate-transfer (BOT) format continues as the province struggles to find suitable candidates.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Sonadezi to build $48 mln industrial park in Binh Thuan

Sonadezi to build $48 mln industrial park in Binh Thuan

Sonadezi Binh Thuan, a member of Vietnamese developer Sonadezi Corporation, plans to commence construction on its VND1,200 billion ($48.26 million) Tan Duc Industrial Park project in Binh Thuan province late this year.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

American utility AES pledges long-term investment support for Vietnam’s net-zero emissions goal

American utility AES pledges long-term investment support for Vietnam’s net-zero emissions goal

American energy developer AES is committed to long-term operations in Vietnam, helping the country reach its carbon neutrality target by 2050.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thai giant Central Retail eyes mall investment in Binh Thuan

Thai giant Central Retail eyes mall investment in Binh Thuan

Thailand's Central Retail is seeking opportunities to build malls and supermarkets in Binh Thuan province.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Ministry to developer: show evidence new port a worthwhile investment

Ministry to developer: show evidence new port a worthwhile investment

The Ministry of Transport has asked the Hanoi-based Pacific Corporation to show how its proposal to build the Son My Port in Binh Thuan province is a worthwhile investment.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Orsted plans $5.5 bln offshore wind development in Vietnam before 2030

Orsted plans $5.5 bln offshore wind development in Vietnam before 2030

Danish power giant Orsted expects to generate two gigawatts as its initial offshore wind power in Vietnam before 2030, spending $5.5 billion and creating 25,000 jobs.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Expand Phan Thiet town to the north and west: PM

Expand Phan Thiet town to the north and west: PM

Binh Thuan province should think of enlarging Phan Thiet to build on its international popularity as a beach resort destination, Prime Minister Pham Minh Chinh said Wednesday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Work starts on Son My 1 industrial park in Binh Thuan

Work starts on Son My 1 industrial park in Binh Thuan

Construction commenced Tuesday on the 1,070-hectare Son My 1 Industrial Park, home to two LNG power plants, in the south-central province of Binh Thuan.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Orsted, T&T propose 5 GW offshore wind projects in central Vietnam

Orsted, T&T propose 5 GW offshore wind projects in central Vietnam

A partnership between Danish wind power developer Orsted and Vietnam’s T&T Group has proposed two offshore wind projects of 5 gigawatts in capacity off the coast of Ninh Thuan province.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Man jailed for 'abusing freedom, democratic rights'

Man jailed for 'abusing freedom, democratic rights'

A court in Binh Thuan province on Wednesday sentenced a man to three years in prison for "abusing the rights to freedom and democracy" by posting "distorted content" on his Facebook account.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

AES, PV Gas get investment certificate for $1.4 bln LNG terminal in Vietnam

AES, PV Gas get investment certificate for $1.4 bln LNG terminal in Vietnam

American corporation AES and Vietnam's PV Gas on Wednesday received an investment registration certificate for their $1.4 bln LNG terminal project in Binh Thuan province.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Former Binh Thuan leaders face disciplinary action

Former Binh Thuan leaders face disciplinary action

Six former leaders of Binh Thuan Province in central Vietnam were disciplined for violations in land management and use, including two former Central Party Committee members.

Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7