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 - Fri, April 19, 2024 | 4:44 pm
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 - Tue, April 9, 2024 | 6:14 pm
Vietnam’s first LNG power plants on track for commercial runs
The under-construction Nhon Trach 3 and Nhon Trach, the first LNG-to-power plants in Vietnam, are set to begin commercial operations on November 15, 2024 and May 15, 2025, respectively.
Energy - Sat, December 9, 2023 | 3:19 pm
Vietcombank to provide $166 mln credit for PV Power projects
“Big 4” lender Vietcombank and Petrovietnam Power (PV Power) have signed a VND4 trillion ($165.6 million) credit agreement for partial funding of two LNG-to-power plants in southern Vietnam.
Energy - Wed, August 30, 2023 | 11:44 pm
Electricity firm Nhon Trach 2 reports revised 28-fold profit increase
PetroVietnam Power Nhon Trach 2 JSC, a member of state-owned Petrovietnam, reported after-tax profit of VND159.8 billion ($6.74 million) in the fourth quarter of 2022, up 32% year-on-year and 28 times higher than the figure previously reported.
Companies - Wed, March 8, 2023 | 7:30 pm
Thermal power plants record Q4 profit drop on higher costs
Profits among leading thermal power plants in Vietnam plunged sharply in the fourth quarter of 2022 due to high input costs.
Companies - Thu, January 26, 2023 | 8:54 pm
Russia’s Novatek eyes LNG exports to Vietnam
Novatek, Russia's second-largest natural gas producer, is considering shipping liquefied natural gas (LNG) to Vietnam for existing and future power plants, says CEO Leonid Mikhelson.
Energy - Tue, November 1, 2022 | 10:26 am
PV Power scores $64 mln Vietcombank credit pact for LNG-to-power project
Vietcombank, one of Vietnam’s “Big-4” lenders, has signed a credit contract to provide Petrovietnam’s electricity arm PV Power with VND1,500 billion ($64 million) for the development of two major LNG-to-power plants in southern Vietnam.
Energy - Fri, August 26, 2022 | 2:41 pm
Dong Nai plans urban area development to exploit new airport
The southern province of Dong Nai will develop five major urban areas to cash in on the Long Thanh International Airport, set to become the largest one in the country.
Industries - Mon, August 15, 2022 | 11:20 pm
$77 mln construction contract signed for HCMC-Dong Nai bridge
A VND1,800 billion ($77 million), three-year contract was signed Wednesday for building the Nhon Trach Bridge connecting Ho Chi Minh City and Dong Nai province, both manufacturing hubs in southern Vietnam.
Infrastructure - Thu, July 14, 2022 | 9:23 am
American firms gear up for Vietnam energy projects
Big U.S-backed energy projects are gathering pace in Vietnam, an energy-thirsty economy eyeing a net-zero goal by 2050.
Energy - Sat, May 14, 2022 | 10:33 am
PV Power to construct LNG plants in southern Vietnam
PV Power, a subsidiary of Petrovietnam, plans to start construction of Nhon Trach 3 and 4 liquefied natural gas (LNG)-fired power plants in Dong Nai province on April 30.
Energy - Tue, April 19, 2022 | 7:18 pm
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LG’s chemicals arm records modest 2023 profits in Vietnam
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Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
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SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
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