Vietnam okays long-awaited execution scheme for national power plan

Vietnam okays long-awaited execution scheme for national power plan

The Vietnamese government has approved the long-awaited implementation scheme of the eighth National Power Development Plan (PDP8) for 2021-2030, with a vision to 2050, which was passed last May, envisioning rising electricity imports from Laos.

Energy - Tue, April 2, 2024 | 9:39 am GMT+7

Northern Vietnam province seeks power plant fuel shift from coal to LNG

Northern Vietnam province seeks power plant fuel shift from coal to LNG

Nam Dinh province is seeking approval to have its $2.2 billion Nam Dinh 1 power plant, currently a build-operate-transfer (BOT) project, shift to using LNG instead of coal as its fuel.

Energy - Thu, March 28, 2024 | 10:25 pm GMT+7

Vietnam needs financial mechanism for power development: ministry

Vietnam needs financial mechanism for power development: ministry

The Ministry of Industry and Trade has proposed the government assign the Ministry of Finance to develop a financial mechanism to mobilize capital for power development under the Power Development Plan VIII (PDP VIII).

Energy - Thu, September 7, 2023 | 8:11 am GMT+7

Suitable approach for LNG-to-power development in Vietnam

Suitable approach for LNG-to-power development in Vietnam

LNG-fired power will account for around 15% of Vietnam’s total electricity supply by 2030, according to the country’s newly-approved power development plan, or PDP VIII.

Energy - Mon, June 26, 2023 | 7:01 pm GMT+7

PV Gas to receive first LNG carrier for power generation

PV Gas to receive first LNG carrier for power generation

Petrovietnam Gas (PV Gas) will receive next month its first LNG carrier at the LNG Thi Vai terminal in Ba Ria-Vung Tau province for trial power generation of power plants in the southeastern region.

Energy - Sat, June 24, 2023 | 8:38 am GMT+7

Korea Eximbank to fund $3 bln LNG power complex in southern Vietnam

Korea Eximbank to fund $3 bln LNG power complex in southern Vietnam

The Export-Import Bank of Korea (Korea Eximbank) inked Friday a memorandum of understanding to finance a $3 billion plus LNG-to-power project in Long An province, southern Vietnam.

Energy - Fri, June 23, 2023 | 5:49 pm GMT+7

Royal HaskoningDHV focuses on renewable energy development in Vietnam

Royal HaskoningDHV focuses on renewable energy development in Vietnam

Dutch engineering consultancy firm Royal HaskoningDHV is expecting a massive investment increase in renewable energy in Vietnam, and plans to focus on the sector.

Energy - Fri, June 16, 2023 | 6:19 pm GMT+7

HCMC aims to add 6,000MW offshore wind farm to national power plan

HCMC aims to add 6,000MW offshore wind farm to national power plan

Ho Chi Minh City’s Department of Industry and Trade has proposed adding the 6,000 MW Can Gio offshore wind power project to the National Power Development Plan for 2021-2030, with a vision to 2050 (PDP VIII).

Energy - Thu, June 15, 2023 | 5:49 pm GMT+7

Vietnam's new power development plan: Showing the path to a green future?

Vietnam's new power development plan: Showing the path to a green future?

With Vietnam's commitment to achieve net-zero carbon emissions by 2050 and the global energy transition, the country's power sector is on the cusp of significant change. Freshfields Bruckhaus Deringer Vietnam lawyers Anthony Ong, Dan Nguyen and Chris Milliken analyze the highlights in the newly-approved National Power Development Plan (PDP8) and key issues that remain to be resolved to achieve the ambitious goals of the plan.

Consulting - Tue, May 30, 2023 | 4:07 pm GMT+7

Gas to be key source of power in Vietnam: securities broker

Gas to be key source of power in Vietnam: securities broker

The freshly approved Power Development Plan VIII (PDP VIII) is expected to open a new chapter for Vietnam's electricity industry, with gas to become a key source of power in 2021-2030, said VNDirect Securities.

Energy - Sun, May 28, 2023 | 10:38 am GMT+7