Vietnam’s central province okays S Korea’s SK E&S to process LNG-to-power project

Vietnam’s central province okays S Korea’s SK E&S to process LNG-to-power project

The central coastal province of Quang Tri, SK E&S under South Korean chaebol SK, and Vietnamese conglomerate T&T Group have agreed to cooperate in investment, trade, energy transition, and green growth.

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

No offshore wind projects in Vietnam until 2028: global council

No offshore wind projects in Vietnam until 2028: global council

“No real offshore wind projects are likely to be built in Vietnam until the end of 2024-2028 period,” says the Global Wind Energy Council (GWEC).

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

Mekong Delta province okays $3.1 bln LNG-to-power plants plan

Mekong Delta province okays $3.1 bln LNG-to-power plants plan

Vietnam’s Mekong Delta province of Long An has approved implementation plans for the Long An 1 and Long An 2 LNG-to-power plant project, aiming for commercial operations from June 2028 and June 2031, respectively.

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

Speed up work on Vietnam’s first LNG-to-power projects, province urges

Speed up work on Vietnam’s first LNG-to-power projects, province urges

Dong Nai province's authorities have asked industrial park operator Tin Nghia Corporation to facilitate work on the Nhon Trach 3 and Nhon Trach 4 LNG-to-power plants, the first such facilities in Vietnam.

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

Korea’s Doosan interested in EVN’s Quang Trach 2 power project

Korea’s Doosan interested in EVN’s Quang Trach 2 power project

Doosan, a South Korean heavy industry conglomerate, is looking to work with state utility Vietnam Electricity (EVN) on the latter’s Quang Trach 2 power plant in Quang Binh province, among other renewable energy projects.

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

Petrovietnam Gas aims to supply $2 bln LNG power plant in northern Vietnam

Petrovietnam Gas aims to supply $2 bln LNG power plant in northern Vietnam

PV Gas, a subsidiary of state-owned Petrovietnam, aims to supply LNG to the $2-billion Thai Binh LNG-to-power plant project in the northern province of Thai Binh, the firm told provincial authorities on Tuesday.

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

Korean chaebol SK okayed to study investment in central Vietnam LNG-to-power plant

Korean chaebol SK okayed to study investment in central Vietnam LNG-to-power plant

Quang Tri's Department of Planning and Investment has agreed to let a South Korea-Vietnam joint venture study the feasibility of an LNG-fired thermal plant project in the central province.

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

CS Wind’s Vietnam unit to deliver wind turbines to South Korea project

CS Wind’s Vietnam unit to deliver wind turbines to South Korea project

CS Wind Vietnam, a unit of South Korea’s CS Wind Corporation, has held a ceremony for delivery of first wind turbines from its factory in Vietnam’s southern province of Ba Ria-Vung Tau to South Korea’s southwestern province of Jeonnam.

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

PV Gas receives second LNG delivery for power generation

PV Gas receives second LNG delivery for power generation

PV Gas, a subsidiary of state-owned Petrovietnam, received its second load of 70,000 tons of liquefied natural gas (LNG) at its port in Vietnam’s southern province of Ba Ria-Vung Tau on Thursday.

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

PV Gas to supply LNG for power production

PV Gas to supply LNG for power production

PV Gas, a subsidiary of state-owned Petrovietnam, is set to supply 70,000 tons of LNG to state utility Vietnam Electricity (EVN) for power production, starting mid-April, PV Gas said Tuesday.

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

Citibank, ING lend PV Power $300 mln to develop Vietnam's first two LNG plants

Citibank, ING lend PV Power $300 mln to develop Vietnam's first two LNG plants

PetroVietnam Power (PV Power) has reached agreement for a $300 million short-term loan from the U.S.’s Citibank and the Netherlands-based bank ING for developing Vietnam’s first LNG power plants.

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

Vietnam mining group builds 110 MW coal-fired power plant in Lang Son province

Vietnam mining group builds 110 MW coal-fired power plant in Lang Son province

Vietnam’s national mining group Vinacomin kicked off construction Friday of the 110 MW Na Duong II coal-fired power plant in the northern mountainous province of Lang Son.

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

LS Eco Energy to help Vietnam commercialize superconducting cable

LS Eco Energy to help Vietnam commercialize superconducting cable

LS Eco Energy, a subsidiary of South Korean chaebol LS Group, will cooperate with Vietnam on commercializing superconducting cables that can be connected to the national power grid.

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

Vietnam okays long-awaited execution scheme for national power plan

Vietnam okays long-awaited execution scheme for national power plan

The Vietnamese government has approved the long-awaited implementation scheme of the eighth National Power Development Plan (PDP8) for 2021-2030, with a vision to 2050, which was passed last May, envisioning rising electricity imports from Laos.

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

China to boost solar power investment in Vietnam: Commerce Minister

China to boost solar power investment in Vietnam: Commerce Minister

Chinese businesses are striving to make more investments in Vietnam’s solar power sector, Chinese Minister of Commerce Wang Wentao told Vietnamese Minister of Planning and Investment Nguyen Chi Dung.

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

Northern Vietnam port city seeks investors for $101 mln waste-to-energy project

Northern Vietnam port city seeks investors for $101 mln waste-to-energy project

The Hai Phong Economic Zone Management Board is set to begin the process of selecting investors for a waste-to-energy project in the northern port city.

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

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

Petrovietnam, subsidiaries ink gas sales deal with Japanese, Thai partners for $12 bln power project

Petrovietnam, subsidiaries ink gas sales deal with Japanese, Thai partners for $12 bln power project

State-run Petrovietnam and its subsidiaries have signed deals with Japanese and Thai partners to buy gas for their long delayed $12 billion power project at Block B-O Mon.

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

Northern Vietnam province seeks power plant fuel shift from coal to LNG

Northern Vietnam province seeks power plant fuel shift from coal to LNG

Nam Dinh province is seeking approval to have its $2.2 billion Nam Dinh 1 power plant, currently a build-operate-transfer (BOT) project, shift to using LNG instead of coal as its fuel.

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

Korean chaebol SK eyes LNG-fired power project in central Vietnam

Korean chaebol SK eyes LNG-fired power project in central Vietnam

SK Group, one of the largest South Korean chaebols, is looking to build an ecosystem around an LNG-fired power plant in Phu Yen province, south-central Vietnam.

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

Thai energy giant Banpu records 2023 revenue of $13 mln in Vietnam

Thai energy giant Banpu records 2023 revenue of $13 mln in Vietnam

Banpu Public Company Limited, a Thai energy giant, recorded a total revenue of THB462 million ($12.7 million) from renewable energy in Vietnam in 2023, according to the firm’s financial statement.

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

SK Ecoplant, BCG Energy to jointly develop 700 MW of renewable energy in Vietnam

SK Ecoplant, BCG Energy to jointly develop 700 MW of renewable energy in Vietnam

SK ecoplant, part of South Korean chaebol SK Group, and BCG Energy, under Vietnamese conglomerate Bamboo Capital Group, will cooperate to produce 700 MW of renewable energy in Vietnam.

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

FDI businesses call for stable power supplies in Vietnam

FDI businesses call for stable power supplies in Vietnam

Foreign-invested companies in Vietnam have expressed concerns over power shortages and called on authorities to provide stable supplies for industrial parks to ensure production.

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

Thailand’s Super Energy sees 2023 Vietnam revenue flat at $102 mln

Thailand’s Super Energy sees 2023 Vietnam revenue flat at $102 mln

Thailand’s Super Energy Corporation recorded 2023 revenues of THB3,655.6 million ($102.1 million) in Vietnam, down 0.07% year-on-year, according to the firm’s financial statement.

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

Sumitomo-invested $2.58 bln thermal power plant in central Vietnam inaugurated

Sumitomo-invested $2.58 bln thermal power plant in central Vietnam inaugurated

Van Phong Power Company, a wholly-owned subsidiary of Japanese keiretsu Sumitomo, inaugurated the 1,432 MW Van Phong 1 coal-fired power plant in Vietnam’s central province of Khanh Hoa on Wednesday.

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

Allow wind power imports from Laos, Vietnam ministry proposes PM

Allow wind power imports from Laos, Vietnam ministry proposes PM

The Ministry of Industry and Trade has proposed the Prime Minister allows wind power imports from Laos, connecting the neighboring country's Truong Son wind power plant to the national grid.

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

EVN subsidiary, Australian firm to cooperate in offshore wind power development

EVN subsidiary, Australian firm to cooperate in offshore wind power development

EVNGENCO 3, a subsidiary of state utility Vietnam Electricity (EVN), and Australian offshore wind developer Corio Generation on Tuesday signed a memorandum of understanding on offshore wind power development in Vietnam.

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

Singaporean government to help Petrovietnam unit’s 1.2 GW electricity export project

Singaporean government to help Petrovietnam unit’s 1.2 GW electricity export project

The Singaporean government will continue backing PTSC, the technical arm of state-owned Petrovietnam, to deploy a project to export 1.2 GW of offshore wind power from Vietnam to Singapore.

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

Renewables to make up 70% of power mix in Vietnam by 2045

Renewables to make up 70% of power mix in Vietnam by 2045

Vietnam plans to have renewables account for 15-20% of total primary energy by 2030 and the weight will be raised to 65-70% by 2045, according to the newly approved National Energy Development Strategy.

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

Thermal power plant transferred to state utility EVN after BOT contract ends

Thermal power plant transferred to state utility EVN after BOT contract ends

The 715 MW Phu My 3 thermal power plant has been transferred to state utility Vietnam Electricity (EVN) for ongoing operation after its build-operate-transfer (BOT) contract ended.

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

AES earns 2023 revenue of $344 mln in Vietnam, plans to sell power plant by mid 2025

AES earns 2023 revenue of $344 mln in Vietnam, plans to sell power plant by mid 2025

AES Corporation earned a revenue of $344 million from its operations in Vietnam in 2023, according to the American energy company’s year performance review.

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

Vietnam to buy electricity from 7 Laos wind power projects

Vietnam to buy electricity from 7 Laos wind power projects

Seven wind power projects in Laos with a total capacity of 4,149 MW are looking to sell electricity to Vietnam via transmission lines in the latter's central province of Quang Tri.

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

Chinese firm to provide turbines for central Vietnam wind power plant

Chinese firm to provide turbines for central Vietnam wind power plant

Electric Wind Power, a Shanghai Electric subsidiary, has signed a deal to provide wind turbines to the VND1.5 trillion ($60.9 million) Hai Anh Wind Farm project in Quang Tri province.

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

Chinese-backed Jinko Solar Vietnam targets $2.4 bln revenue

Chinese-backed Jinko Solar Vietnam targets $2.4 bln revenue

Jinko Solar (Vietnam) Industries Company Limited, based in the northern province of Quang Ninh, targets revenues of $2.4 billion this year, a threefold year-on-year increase.

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

China-invested waste-to-power plant in central Vietnam runs 24/7 through Tet

China-invested waste-to-power plant in central Vietnam runs 24/7 through Tet

The VND1.7 trillion ($69.6 million) Phu Son waste-to-power plant in Thua Thien Hue province was put into operation in late January and has operated round the clock through the Lunar New Year holiday (Tet), said the factory's leadership.

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