Enertrag SE proposes 55 MW wind power project in northern Vietnam
The Bac Ninh province People’s Committee is seeking public and ministerial feedback on a 55 MW wind power plant initiated by Enertrag Vietnam Co., Ltd, a subsidiary of German-based global renewables developer Enertrag SE.
A wind farm. Photo courtesy of VnEconomy.
The Bac Giang 2 wind power plant, proposed to be located in the former Son Dong district, the former province of Bac Giang (now Bac Ninh province), features nine turbines with a capacity of 5.5-6.3 MW each, tower heights ranging from 130 to 140 meters, and rotor diameters between 171 and 182 meters, according to local media.
The plant is expected to operate for 50 years, with a 20-year economic lifespan and an estimated annual power output of 126,340 MWh. The survey area spans 1,524 hectares.
Total investment is estimated at nearly VND2.11 trillion ($79.92 million), including VAT. Of this, 30% will be equity and 70% financing from loans.
Relevant ministries have been asked to submit their opinions by September 15, 2025, particularly regarding the project's alignment with the approved national and regional planning schemes.
Enertrag SE, headquartered in Germany, specializes in wind power generation, grid infrastructure, storage systems, and green hydrogen solutions. Since its founding in 1998, the company has expanded to employ nearly 1,100 staff across Europe, Africa, South America, and Asia.
Currently, Enertrag SE delivers around 2 billion kWh annually, has installed over 1.8 GW of renewable energy capacity, and manages 6.2 GW worldwide.
A pioneer in green hydrogen, the firm began investing in hydrogen R&D as early as 2008. Today, it is developing several large-scale hydrogen projects, including the Hyphen project in Namibia (8,000 MW, with plans to scale to 10 GW), an aviation hydrogen and kerosene project in South Africa, the Tambor Green Hydrogen Center in Uruguay (350 MW), and a hydrogen-powered rail project in Berlin, Germany.
Enertrag Vietnam, its 100%-owned subsidiary established in 2020, is currently developing Bac Giang 1 and Bac Giang 2 wind power projects.
The company holds VND107 billion ($4.05 million) in equity capital. The Bac Giang 1 project has also secured a €120 million ($140.57 million) medium-term loan commitment from a German financial institution.
Under Vietnam’s Power Development Plan VIII (PDP8) for 2021-2030 with a vision to 2050, Bac Ninh is expected to host around 800 MW of wind power capacity, of which 500 MW is targeted by 2030.
The key wind projects include Yen Dung (150 MW), Son Dong (105 MW), Bac Giang 1 (55 MW), Bac Giang 2 (55 MW), Cam Ly (55 MW), Luc Ngan (30 MW), and Tan Son (50 MW).
The province also plans to develop a 25 MW waste-to-energy plant and 86 MW of rooftop solar power.
- Read More
Central Vietnam hub Danang deepens cooperation with Maersk on Lien Chieu port, logistics
Danang is stepping up cooperation with A.P. Moller-Maersk to accelerate the development of its Lien Chieu port and expand logistics capabilities, as the central Vietnam city seeks to strengthen its role in regional supply chains.
Infrastructure - Tue, April 28, 2026 | 8:00 am GMT+7
Sun Group starts work on Phan Thiet airport project in central Vietnam
Vietnamese private conglomerate Sun Group on Monday broke ground on the civil aviation component of Phan Thiet Airport in Lam Dong, marking an infrastructure boost for the central province.
Infrastructure - Mon, April 27, 2026 | 11:53 pm GMT+7
HCMC okays projects totalling $1.23 bln at flagship hi-tech park
Ho Chi Minh City authorities have granted investment registration certificates for four high-tech projects worth a combined $1.23 billion at the city's flagship innovation hub, reinforcing its position as a leading destination for digital and green economy investments.
Industries - Mon, April 27, 2026 | 5:47 pm GMT+7
Amkor eyes further expansion in Bac Ninh province as Vietnam's semiconductor push gathers pace
Amkor Technology is looking to further invest in its major production base in Vietnam's northern province of Bac Ninh, underscoring growing confidence in the country’s role in the semiconductor supply chain.
Industries - Mon, April 27, 2026 | 5:40 pm GMT+7
Vietnam banks chase record profits despite tighter credit caps squeezing growth
Vietnam’s 2026 annual general meeting (AGM) season for banks is closing with a clear paradox: lenders are targeting record profits worth tens of trillions of dong (VND10 trillion = $379.38 million), while the key growth driver – credit expansion – is being tightened.
Banking - Mon, April 27, 2026 | 1:23 pm GMT+7
Goertek Vina injects extra $20 mln into northern Vietnam plant
Goertek Technology Vina Company Limited, a subsidiary of Chinese electronics giant Goertek, plans to pour an additional over VND527 billion ($20 million) into its project in Vietnam's northern province of Bac Ninh.
Industries - Mon, April 27, 2026 | 1:04 pm GMT+7
SK Group eyes AI data center tied to $2 bln LNG power project in central Vietnam
South Korea’s SK Group is stepping up its presence in Vietnam with plans to develop an AI data center linked to the Quynh Lap LNG-to-power project in Nghe An province, as it pushes its “AI full-stack” strategy overseas.
Industries - Mon, April 27, 2026 | 9:45 am GMT+7
State divestment from Viglacera to be delayed
The Ministry of Construction will postpone plans to divest state capital from Viglacera (HoSE: VGC) - Vietnam's leading construction material producer and industrial real estate developer, citing valuation challenges and the need to safeguard state assets, a senior official said.
Companies - Mon, April 27, 2026 | 8:05 am GMT+7
Many Vietnamese firms post surging Q1 profits, some up dozens of times year-on-year
First-quarter 2026 earnings at many Vietnamese companies rose sharply despite market volatility, with some firms reporting profits dozens of times higher than a year earlier.
Companies - Mon, April 27, 2026 | 8:00 am GMT+7
Central Vietnam province approves conversion of production forest land for Sun Group's $254 mln urban project
Authorities of Quang Ngai province have approved the conversion of nearly 83 hectares of production forest land for the development of an urban area project backed by real estate giant Sun Group.
Real Estate - Sun, April 26, 2026 | 1:46 pm GMT+7
Ex-banking tycoon Tram Be re-emerges in infrastructure projects in southern Vietnam
Tram Be, once a famous banking tycoon in Vietnam, has resurfaced in the corporate arena, appearing as a representative of Ham Giang Construction Co. Ltd. at a working session with Vinh Long province authorities on Thursday.
Companies - Sun, April 26, 2026 | 8:09 am GMT+7
Techcombank keeps real estate bad debt below 1%, fully recovers principal: chairman
The chairman of Techcombank said the lender has maintained non-performing loans (NPLs) in the real estate segment below 1%, with full principal recovery even on impaired loans.
Banking - Sun, April 26, 2026 | 8:00 am GMT+7
Posco invests $282 mln in battery materials plant in northern Vietnam
South Korean conglomerate Posco will invest a $282 million battery materials project in Vietnam's northern province of Thai Nguyen, marking its first overseas project in the artificial graphite segment.
Industries - Sat, April 25, 2026 | 10:13 pm GMT+7
Hyundai Rotem eyes Vietnam's North-South high-speed railway project
South Korea’s Hyundai Rotem is seeking to expand its footprint in Vietnam’s rail sector, including potential participation in the country’s planned North-South high-speed railway.
Infrastructure - Sat, April 25, 2026 | 6:58 pm GMT+7
Masan shares undervalued by 60%: CEO
Masan Group’s MSN shares are trading at a steep discount to intrinsic value and the corporation targets stronger cash generation over the next decade, said CEO Danny Le.
Companies - Sat, April 25, 2026 | 2:33 pm GMT+7
Vietcombank aims to complete private placement in 2026
The chairman of Vietcombank said the state-controlled lender is working with potential investors and is in detailed negotiations, with a view to executing a private placement in 2026, subject to market conditions.
Banking - Sat, April 25, 2026 | 9:35 am GMT+7




















