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
Vietnam, Australia to work on developing competitive electricity markets
Developing competitive electricity markets in the context of high renewables integration will the focus of a collaboration agreement between the Electricity Regulatory Authority of Vietnam (ERAV) and the Australian embassy.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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
Russia's Zarubezhneft eyes Vietnam offshore wind power projects
Russian oil-gas giant Zarubezhneft is looking to expand its operations in Vietnam to offshore wind power projects, general director Sergey Ivanovich Kudryashov told Prime Minister Pham Minh Chinh Monday.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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
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
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
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
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
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
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
Vietnam institute readies personnel for 10 MWt nuclear reactor
Vietnam’s Dalat Nuclear Research Institute is readying human resources to receive and operate a multi-purpose 10MWt nuclear reactor, said institute head Cao Dong Vu.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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, 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
Multi-sector firm REE hopes to win big from real estate
The real estate segment is expected to be a profit savior for Vietnam's leading multi-sector corporation REE this year when the first phase of The Light Square project is handed over and its revenue is recorded.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
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
Energy giant Petrovietnam appoints new general director
Board members of state-owned Petrovietnam have appointed Le Ngoc Son the new general director of the group for a five-year term starting Monday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Solar power shines bright as BCG Energy sees revenues rise
BCG Energy, under private Vietnamese conglomerate Bamboo Capital Group, saw 2023 net revenues rise 5.8% year-on-year to VND1,125.6 billion ($45.5 million) on outstanding performances by its solar power plants.
Bamboo Capital - 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 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
Korea’s CS Wind launches $80 mln wind tower plant in Vietnam
CS Wind Vietnam, a unit of South Korea’s CS Wind Corporation, on Wednesday inaugurated an $80 million offshore wind tower factory in Vietnam’s southern coastal province of Ba Ria-Vung Tau.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chinese photovoltaics manufacturer GoodWe opens first overseas factory in Vietnam
GoodWe Vietnam Technology Co. Ltd., under Chinese photovoltaic inverter manufacturer and smart energy solution provider GoodWe, has opened a factory in the northern coastal city of Hai Phong.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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
UK firm Coro inks power purchase agreement with Vietnam retail major
UK-based Coro Energy PLC has signed an 11.2 U.S. cents per kWh power purchase agreement (PPA) with Vietnam’s Mobile World Group for a 50 MW rooftop solar power system.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan’s Sojitz, Vietnam’s Stavian to bolster energy, chemicals partnership
Japanese conglomerate Sojitz Corporation and Vietnamese counterpart Stavian Group have agreed to boost their cooperation in forest development and wood chips, energy, decarbonization, paper pulp and chemicals businesses.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Australia’s Corio Generation plans offshore wind energy projects in Vietnam
Corio Generation, an offshore wind energy branch of Australia’s Macquarie's Green Investment Group, plans to make infrastructure investments in Vietnam, said its Asia-Pacific (APAC) head Yi-Hua Lu.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Danish energy fund CIP, Petrovietnam to cooperate in offshore wind power
Denmark’s Copenhagen Infrastructure Partners (CIP), via its Growth Market Funds, and state-owned Petrovietnam have signed a memorandum of understanding on renewable energy and offshore wind power.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam seeks to secure coal, LNG from Australia
Vietnam has reached an agreement with Australia for long-term supplies of minerals, especially coal and liquefied natural gas (LNG) for production of energy and fertilizers in the former.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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
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
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 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
Korean firm Dohwa seeks another extension to delayed energy project
South Korea’s Dohwa Resource Development Limited Company has asked the central province of Quang Binh to extend the operational deadline for its long-delayed energy pellet project again to the end of this year.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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
Vietnam PM invites Siemens to build urban railway lines
Prime Minister Pham Minh Chinh has asked Siemens AG to research and participate in bidding for urban railway line projects in Vietnam and transfer technology to the country in this area.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
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
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