Northern Vietnam city proposes LNG terminal project

Hai Phong authorities have proposed adding an LNG terminal project to the Nam Do Son port area in the northern city to support a Vingroup-invested LNG-to-power plant.

The Hai Phong People’s Committee recently sent a proposal to the Ministry of Construction seeking approval to include an LNG terminal at Nam Do Son in the detailed master plan for Vietnam’s seaport system and the detailed development plan for Hai Phong’s port land and waters for 2021-2030, with a vision to 2050.

The city also asked the ministry to consider updating and adjusting the scale, functions and implementation timelines of port facilities planned for the post-2030 period in Hai Phong, in line with national development goals outlined in the draft political report of the 13th Party Central Committee ahead of the 14th National Party Congress (scheduled for January 19-25, 2026).

City leaders said the Hai Phong LNG-to-power plant is listed among nationally important and priority power projects under the country's adjusted Power Development Plan VIII and among key national energy projects approved by the Prime Minister under decisions issued in April and December 2025.

Vingroup and the group's subsidiary VinEnergo JSC on September 26 commenced construction on the power plant, the largest of its kind in Vietnam.

The 4,800 MW Hai Phong LNG power plant, located within the Tan Trao Industrial Park, will cover nearly 100 hectares and have a total investment of over VND178 trillion ($6.74 billion).

To bring the plant into commercial operation, a dedicated LNG terminal and storage facility must be built in parallel and completed before 2030, in line with instructions from Prime Minister Pham Minh Chinh at the project’s groundbreaking ceremony, Hai Phong authorities noted.

They have proposed that both the Ministry of Construction and the Ministry of Industry and Trade adjust relevant port and energy master plans to enable implementation.

The industry ministry has already included the Hai Phong LNG storage facility, which will supply gas to the power plant, in a draft decision amending the National Power Development Plan for 2021-2030, with a vision to 2050, submitted to the Prime Minister.

As for the LNG terminal, the city said it had in October 2025 requested its inclusion in the port master plan and instructed the Department of Construction to submit relevant documents to the construction ministry and Vietnam’s maritime authorities.

The Hai Phong LNG power plant will be constructed over five years and is scheduled to begin operations by late 2030. It will supply about 9.6 billion kWh per year in Phase 1 and 19.2 billion kWh per year in Phase 2, serving both the Tan Trao Industrial Park and the national grid, thereby enhancing energy security and reducing reliance on traditional fossil fuels.

With a designed capacity of 4,800 MW (1,600 MW in Phase 1 and 3,200 MW in Phase 2), this will be Vietnam’s largest thermal power plant, as outlined in the country's Power Development Plan VIII, and one of the world’s leading LNG-fired power facilities.

The plant’s launch marks a strategic step for Vingroup in the clean energy transition and paves the way for sustainable, green economic development.

Hai Phong is one of six centrally-governed cities in Vietnam, together with Hanoi, Danang, Hue, Ho Chi Minh City, and Can Tho. The city is one of the industrial and port hubs in northern Vietnam.

Nhon Trach 3 and 4, Vietnam’s first LNG-fired power plants, were inaugurated on December 14, 2025 and are scheduled for commercial operations in early 2026.

Located in the southern province of Dong Nai, the two plants have combined investment capital of about $1.4 billion and total capacity of 1,624 MW.

Petrovietnam's subsidiary PV Power is the investor, while a consortium of Lilama and Samsung C&T is the EPC contractor.