Petrovietnam subsidiary PTSC hands over 33 offshore wind power foundations to Danish giant Orsted

By VNA
Tue, June 17, 2025 | 11:35 pm GMT+7

The recent handover of 33 foundations manufactured by Petrovietnam Technical Services Corporation (PTSC) to an offshore wind power project of Orsted has been recognized as an outstanding work of state-owned Petrovietnam.

PTSC general director Tran Ho Bac speaks at a ceremony in Vung Tau town on June 16, 2025 to mark the completion of the foundation handover. Photo courtesy of VNA.

PTSC general director Tran Ho Bac speaks at a ceremony in Vung Tau town on June 16, 2025 to mark the completion of the foundation handover. Photo courtesy of VNA.

The Party Committee of Petrovietnam organized a ceremony in Vung Tau town on June 16 to mark the completion of the handover.

PTSC, a subsidiary of Petrovietnam, manufactured and supplied 33 suction bucket jacket (SBJ) foundations for the 920 MW Greater Changhua 2b and 4 offshore wind farms invested by Denmark’s Orsted off the coast of Taiwan.

This is an important milestone as it marks the first time PTSC has successfully manufactured and exported large-scaled wind power foundations.

Speaking at the event, PTSC general director Tran Ho Bac said that this is a very important project because for the first time, a Vietnamese enterprise has won a bid and manufactured large-scaled wind power foundations for export.

During the project implementation, PTSC faced many challenges in terms of technology, international technical standards, and construction progress. However, with strong determination and outstanding capacity, it completed the project with high quality and won high evaluation from the partner, Bac said.

Through this project, Petrovietnam and PTSC have substantially contributed to forming a domestic supply chain for the offshore wind power industry. This helps Vietnam to be more proactive in developing offshore wind power projects in the coming time.

On December 1, 2024, Pime Minister Pham Minh Chinh attended an event marking the handover of the first foundation.

Comments (0)
  • Read More
Japan food major Acecook eyes new plant in southern Vietnam

Japan food major Acecook eyes new plant in southern Vietnam

Acecook, a leading instant noodle maker with 13 plants operating in Vietnam, is studying a new project in the southern province of Tay Ninh.

Industries - Wed, November 19, 2025 | 9:39 am GMT+7

Vietnam’s largest Aeon Mall to take shape in Dong Nai province

Vietnam’s largest Aeon Mall to take shape in Dong Nai province

Authorities of Dong Nai province, a manufacturing hub in southern Vietnam, on Monday awarded an investment registration certificate to Japanese-invested Aeon Mall Vietnam Co., Ltd. for its Aeon Mall Bien Hoa project.

Industries - Tue, November 18, 2025 | 8:17 pm GMT+7

Police propose prosecuting Egroup CEO Nguyen Ngoc Thuy for fraud, bribery

Police propose prosecuting Egroup CEO Nguyen Ngoc Thuy for fraud, bribery

Vietnam’s Ministry of Public Security has proposed prosecuting Nguyen Ngoc Thuy, chairman and CEO of Hanoi-based education group Egroup, along with 28 others, for fraud to appropriate property, giving bribes, and receiving bribes.

Society - Tue, November 18, 2025 | 4:01 pm GMT+7

Singapore-backed VSIP eyes large urban-industrial complex in southern Vietnam

Singapore-backed VSIP eyes large urban-industrial complex in southern Vietnam

A consortium involving VSIP, a joint venture between local developer Becamex IDC and Singapore’s Sembcorp, plans a large-scale urban-industrial development named the "Moc Bai Xuyen A complex along the Tay Ninh-Binh Duong economic corridor in southern Vietnam.

Industrial real estate - Tue, November 18, 2025 | 2:38 pm GMT+7

Aircraft maintenance giant Haeco to set up $360 mln complex in northern Vietnam

Aircraft maintenance giant Haeco to set up $360 mln complex in northern Vietnam

Hong Kong-based Haeco Group, Vietnam's Sun Group, and some other partners plan to invest $360 million in an aircraft maintenance, repair and overhaul (MRO) complex at Van Don International Airport in Quang Ninh province - home to UNESCO-recognized natural heritage site Ha Long Bay.

Industries - Tue, November 18, 2025 | 2:13 pm GMT+7

Thai firm opens 20,000-sqm shopping center in central Vietnam hub

Thai firm opens 20,000-sqm shopping center in central Vietnam hub

MM Mega Market Vietnam (MMVN), a subsidiary of Thailand's TCC Group, on Monday opened its MM Supercenter Danang, a 20,000 sqm commercial complex with total investment capital of $20 million, in Danang city.

Real Estate - Tue, November 18, 2025 | 12:20 pm GMT+7

Vietnam PM asks Kuwait fund to expand investment in manufacturing, logistics, renewable energy

Vietnam PM asks Kuwait fund to expand investment in manufacturing, logistics, renewable energy

Prime Minister Pham Minh Chinh on Monday called on the Kuwait Fund for Arab Economic Development (KFAED) to strengthen cooperation with Vietnam, particularly in the areas of industrial production, logistics, renewable energy, green economy, and the Halal ecosystem.

Economy - Tue, November 18, 2025 | 11:53 am GMT+7

Thai dairy brand Betagen to build first plant in Vietnam

Thai dairy brand Betagen to build first plant in Vietnam

Betagen, a famous Thai dairy brand, plans to build its first manufacturing plant in Vietnam, located in the southern province of Dong Nai.

Industries - Tue, November 18, 2025 | 8:49 am GMT+7

Banks dominate Vietnam's Q3 earnings season, Novaland posts biggest loss

Banks dominate Vietnam's Q3 earnings season, Novaland posts biggest loss

Banks accounted for more than half of the 20 most profitable listed companies in Vietnam’s Q3/2025 earnings season, while property developer Novaland recorded the largest loss.

Finance - Tue, November 18, 2025 | 8:24 am GMT+7

Highlands Coffee posts strongest quarterly earnings in 2 years on robust same-store sales

Highlands Coffee posts strongest quarterly earnings in 2 years on robust same-store sales

Highlands Coffee, Vietnam’s largest coffee chain, delivered its best quarterly performance in two years, with Q3 EBITDA exceeding PHP666 million ($11.27 million), parent company Jollibee Foods Corporation (JFC) said in its latest earnings report.

Companies - Mon, November 17, 2025 | 10:21 pm GMT+7

Hong Kong firm Dynamic Invest Group acquires 5% stake in Vingroup-backed VinEnergo

Hong Kong firm Dynamic Invest Group acquires 5% stake in Vingroup-backed VinEnergo

VinEnergo, an energy company backed by Vingroup chairman Pham Nhat Vuong, has added a new foreign shareholder after Hong Kong–based Dynamic Invest Group Ltd. acquired a 5% stake, according to a regulatory filing on Saturday.

Companies - Mon, November 17, 2025 | 9:52 pm GMT+7

Thai giant CP’s Q3 Vietnam revenue drops 20% as hog prices slump

Thai giant CP’s Q3 Vietnam revenue drops 20% as hog prices slump

Thailand’s Charoen Pokphand Foods PCL (CPF) reported a sharp downturn in its Vietnam business in Q3, making the country its only major market to contract.

Companies - Mon, November 17, 2025 | 4:16 pm GMT+7

Surging demand for gas turbines tightens supply chains, extends lead times: Siemens Energy

Surging demand for gas turbines tightens supply chains, extends lead times: Siemens Energy

Demand for gas turbines is rising rapidly, especially in regions with a surge in data center development, tightening supply chains and extending lead times - factors that investors must closely track during project preparation, according to Siemens Energy.

Companies - Mon, November 17, 2025 | 1:34 pm GMT+7

Novaland completes first phase of restructuring, targets 'returning to growth' from 2027

Novaland completes first phase of restructuring, targets 'returning to growth' from 2027

Novaland, a leading real estate developer in Vietnam, said it has completed the first phase of its multi-year restructuring plan and aims to finish the entire program by end-2026, positioning the company to return to growth from 2027.

Companies - Mon, November 17, 2025 | 12:26 pm GMT+7

Vietnam's property developer Regal Group to list shares on HCMC bourse in Q4

Vietnam's property developer Regal Group to list shares on HCMC bourse in Q4

Regal Group JSC, a property developer based in the central city of Danang, has applied to list its 200 million RGG shares on the Ho Chi Minh City Stock Exchange (HoSE) in Q4/2025.

Real Estate - Mon, November 17, 2025 | 10:52 am GMT+7

Vietnam's upstream oil & gas stocks surge on project momentum, regulatory easing

Vietnam's upstream oil & gas stocks surge on project momentum, regulatory easing

Stocks of Vietnam’s upstream oil and gas companies have surged in recent weeks, boosted by rising exploration activity and new rules that accelerate project approvals, while midstream and downstream players face pressure from falling crude prices.

Companies - Mon, November 17, 2025 | 8:57 am GMT+7