Geo-data firm Fugro extends presence in Vietnam amid growing interest in offshore wind
Netherlands-headquartered surveying company firm Fugro has extended a memorandum of understanding (MoU) with Vietnam’s PTSC Geos & Subsea Services Co., Ltd (PTSC G&S) to continue marine site surveys for offshore wind amid high demand for geo-data.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam holds its own in challenging 2023 with more highs than lows
Vietnam showcased impressive resilience in the face of numerous challenges faced in 2023, recording several economic and diplomatic highs and some lows. The Investor looks back.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan’s Marubeni eyes offshore wind power in northern Vietnam
Japanese conglomerate Marubeni plans to make offshore wind power investments in Vietnam’s northern province of Thai Binh, the firm made the suggestion at a recent meeting with provincial authorities.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Slow policy issuance may make offshore wind power investors leave Vietnam: global wind energy council
Vietnam is in a position to attract offshore wind power investments, but failures to timely provide supporting policy can turn investors and suppliers away, the Global Wind Energy Council (GWEC) said.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Lack of policies blows foreign wind power investors out of Vietnam: PTSC executive
A lack of detailed policies and guidelines for wind energy investment in Vietnam is making foreign investors turn to other markets, said Le Manh Cuong, CEO of Petrovietnam Technical Services Corp (PTSC).
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Danish energy giant Orsted 'pauses market development activities' in Vietnam
Denmark’s Orsted has "paused market development activities in Vietnam," Per Mejnert Kristensen, its senior vice president and Asia-Pacific president, said at the wind power giant’s Capital Market Day event last Thursday.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Petrovietnam subsidiary to build offshore wind farm foundations for Orsted
Petrovietnam Technical Services Corp (PTSC) on Friday signed a contract to build offshore wind farm foundations for Orsted, becoming the first Vietnamese business to receive a mass order for offshore wind power equipment.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Petrovietnam not allowed but strongly capable of offshore wind power: executive
Petrovietnam is currently not allowed to invest in offshore wind power projects under a Politburo resolution, but the state-owned oil and gas group is strongly capable of such a business, said its vice chairman Pham Tien Dung.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s PTSC M&C first steel cut for major Taiwan wind offshore substations
Petrovietnam’s mechanical and construction company PTSC M&C has conducted the first cut of steel for the two offshore substations Hai Long 2 and Hai Long 3 of the 1,044-megawatt Hai Long Offshore Wind Project in Taiwan Strait.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, Denmark to strengthen green growth times
Vietnam and Denmark have boosted bilateral green growth cooperation towards achieving net-zero emission goals, with some corporate deals signed during a working visit to Vietnam by Danish Crown Prince Frederik.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
$2.16 bln Lao wind project to sell electricity to Vietnam
Laos' government and energy companies expect a 1,200-megawatt wind power project will provide electricity for both domestic and export markets like Vietnam.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Orsted plans $5.5 bln offshore wind development in Vietnam before 2030
Danish power giant Orsted expects to generate two gigawatts as its initial offshore wind power in Vietnam before 2030, spending $5.5 billion and creating 25,000 jobs.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Denmark investors seek to catch up with others in Vietnam
Danish companies are rushing to make their presence felt in Vietnam as the Southeast Asian nation emerges as a new manufacturing hub.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Danish giant inks wind power deal with Vietnam contractor
Danish wind power giant Orsted has inked a deal with Petrovietnam Technical Services Corp. Mechanical & Construction (PTSC M&C) to launch collaboration on offshore wind projects in renewable energy-thirsty Vietnam.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Orsted steps up groundwork for $13.6 bln offshore wind plant
Danish wind power giant Orsted is speeding up preparations to build a 3,900-megawatt offshore wind power plant in the northern port city of Hai Phong.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Orsted, T&T propose 5 GW offshore wind projects in central Vietnam
A partnership between Danish wind power developer Orsted and Vietnam’s T&T Group has proposed two offshore wind projects of 5 gigawatts in capacity off the coast of Ninh Thuan province.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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