HDF Energy eyes hydrogen energy projects in central Vietnam
France-based HDF Energy is interested in providing its latest technologies to boost clean energy supply in Vietnam’s central province of Quang Ngai.
HDF Energy and Quang Ngai's Department of Industry and Trade signed a memorandum of understanding (MoU) for the move on Tuesday.
Accordingly, Quang Ngai authorities will facilitate HDF Energy to integrate the latter’s technologies, including HyPower (gas-to-power) hydrogen energy and Renewstable® (power-to-power), to develop renewable and green hydrogen projects.
Representatives of HDF Energy and Quang Ngai's Department of Industry and Trade at an MoU signing ceremony in the province, central Vietnam, September 17, 2024. Photo courtesy of PetroTimes magazine.
Those projects can supply the national grid and major users in the province, such as the oil refinery and steel manufacturing facilities.
Quang Ngai, with its coastal Dung Quat Economic Zone, offers advantages for green hydrogen-to-power production and battery manufacturing, according to provincial authorities.
Green hydrogen energy is a priority of Quang Ngai as it can power up remote areas and islands, said Vo Van Ran, head of Quang Ngai's Department of Industry and Trade.
Mathieu Geze, director Asia at HDF Energy, highlighted the cooperation can utilize Quang Ngai’s strengths such as abundance of solar and wind power to push innovations and eco-friendly solutions in the hydrogen sector, bolstering the province’s sustainable energy development.
Quang Ngai, an industrial hub in central Vietnam, currently has five industrial parks, including four in the Dung Quat Economic Zone. By 2030, it is expected to have a total of 10 IPs covering 6,648 hectares.
Dung Quat Economic Zone and industrial parks in Quang Ngai house 348 valid projects valued at VND389.64 trillion ($15.31 billion), including 63 foreign-invested ones, according to the Dung Quat Economic Zone and Quang Ngai Industrial Parks Authority.
Major projects in the provinces are Dung Quat oil refinery, Dung Quat 2 steel complex, and the the long-delayed mega gas-to-power Ca Voi Xanh (Blue Whale) project.
- Related News
- Read More
Vietnam forecast to become world’s second-largest rice importer by 2025-2026
Vietnam is projected to become the world’s second-largest rice importer in 2025-2026, only after the Philippines, as the country must ramp up imports to meet export demand amid falls in domestic production, according to the latest World Agricultural Supply and Demand Estimates, released by the US Department of Agriculture (USDA).
Southeast Asia - Fri, May 16, 2025 | 11:36 pm GMT+7
The Trump Organization gets okay for $1.5 bln property project in northern Vietnam
A $1.5 billion golf, eco-tourism and urban complex proposed by a joint venture between Hung Yen Investment and Development Group and IDG Capital, which represents The Trump Organization, has received in-principle approval from the Vietnamese Government.
Real Estate - Fri, May 16, 2025 | 10:46 pm GMT+7
Vietnam's leading developer Becamex seeks to become billion-dollar company
Becamex, a leading industrial real estate developer in Vietnam, is strongly restructuring itself, attracting more private investment capital, and reducing state ownership, with an aim to become a billion-dollar company.
Companies - Fri, May 16, 2025 | 5:10 pm GMT+7
S Korea's Hanwha Energy eyes more LNG power projects in Vietnam
Hanwha Energy is keen to invest in more LNG-to-power projects in Vietnam, vice president Kim Young-Wook said in a meeting with the country's Ministry of Industry and Trade on Thursday.
Energy - Fri, May 16, 2025 | 3:32 pm GMT+7
Vietnam, Thailand elevate relations to comprehensive strategic partnership
Vietnam and Thailand have upgraded their relations from a strategic partnership, established in 2013, to a comprehensive strategic partnership.
Politics - Fri, May 16, 2025 | 12:44 pm GMT+7
Vietnam, China firms partner to develop pumped storage hydropower in Vietnam
Vietnam's Power Generation Corporation 2 (EVNGENCO2) and China's Lancang-Mekong International Company Limited (CSG-LMI) have signed an MoU on cooperation to develop pumped storage hydropower projects in Vietnam.
Companies - Fri, May 16, 2025 | 12:27 pm GMT+7
Vietnam market rebound in May: Leading stocks begin to rally
A new wave of stock market gains appears to be forming in Vietnam, opening up promising investment opportunities for both institutional and retail investors.
Finance - Fri, May 16, 2025 | 11:12 am GMT+7
Malaysia's TNB proposes partnership with Vietnam's EVN in connecting regional power grids
TNB, Malaysia's largest utility, has proposed Vietnam's state-owned utility EVN to cooperate in building a power transmission network connecting countries, including a line between Malaysia and Vietnam, via land and sea.
Energy - Fri, May 16, 2025 | 8:17 am GMT+7
New Vietnam-China int'l road transport route opens
Convoys carrying electronic components, fresh vegetables, and daily necessities departed simultaneously from Nanning in south China's Guangxi Zhuang Autonomous Region and Kunming in southwest China's Yunnan province on Wednesday morning, heading for Hanoi, the capital of Vietnam.
Southeast Asia - Thu, May 15, 2025 | 10:34 pm GMT+7
Indonesia’s rice reserve set to hit record 4 mln tons
Indonesia’s rice reserves are on track to surpass 4 million tons, setting an all-time high after reaching a new record of 3.7 million tons in mid-May.
Southeast Asia - Thu, May 15, 2025 | 10:24 pm GMT+7
China's giant Huadian Group eyes enlarging renewable energy portfolio in Vietnam
Huadian Group, a wholly state-owned company of China, is keen to further invest in Vietnam’s renewable energy sector.
Energy - Thu, May 15, 2025 | 9:40 pm GMT+7
Vietnam’s macroeconomic indicators 'broadly positive': Dragon Capital
Vietnam's macroeconomic indicators remained broadly positive, with both trade and FDI attraction performing well in the first four months of the year, write Dragon Capital analysts.
Economy - Thu, May 15, 2025 | 5:47 pm GMT+7
'How many new jobs created’ should be new KPI for local governments: VCCI leader
With a shift in thinking about the role of the private sector, local governments may soon prioritize creation of new jobs and businesses over traditional growth metrics, according to Dau Anh Tuan, deputy secretary-general of the Vietnam Chamber of Commerce and Industry (VCCI).
Economy - Thu, May 15, 2025 | 5:23 pm GMT+7
Herbalife’s Vietnam earnings hit $75.4 mln in Q1, exceed China tally
Herbalife, a global multi-level marketing corporation selling dietary supplements, recorded $75.4 million in net sales in Vietnam in the first quarter of 2025, according to the firm’s report.
Companies - Thu, May 15, 2025 | 5:01 pm GMT+7
Japan’s Nitto Denko to quadruple northern Vietnam plant's production capacity
Nitto Vietnam, a subsidiary of Japan’s multi-sector corporation Nitto Denko, has decided to raise the investment in its Hung Yen province-based plant by $28 million to $160 million.
Investing - Thu, May 15, 2025 | 3:58 pm GMT+7
UAE Embassy, VAFIE to jointly strengthen Vietnam-UAE business connections
The Embassy of the United Arab Emirates (UAE) in Hanoi and the Vietnam's Association of Foreign Invested Enterprises (VAFIE) on Wednesday agreed to jointly deploy specific measures to lift trade and investment ties between the two countries.
Companies - Thu, May 15, 2025 | 2:37 pm GMT+7
