Sembcorp eyes 100-200 MW solar power project in central Vietnam
Sembcorp Energy Vietnam, under Singapore’s Sembcorp, seeks to invest in a solar power project of 100-200 MW in Vietnam’s central coastal province of Binh Thuan.
Logo of Sembcorp. Photo courtesy of the company.
The project will be equipped with battery energy storage systems (BESS), said a Sembcorp delegation while meeting with Binh Thuan Vice Chairman Nguyen Hong Hai on Tuesday.
The facility, located in Bac Binh district, can help attract investment and boost the socioeconomic growth of Binh Thuan, the delegation added.
Binh Thuan Vice Chairman Nguyen Hong Hai at a meeting with Sembcorp Energy Vietnam in Binh Thuan province, south-central Vietnam, February 25, 2025. Photo courtesy of Binh Thuan news portal.
Backing the project, Hai asked Sembcorp Energy Vietnam to work with provincial departments regarding the location and the addition of the project to the Power Development Plan VIII (PDP VIII).
As of end-2024, the gross capacity of Sembcorp’s renewable energy portfolio reached 16,876 MW, including 13,121 MW of installed projects and 3,755 MW of under-construction projects, according to the firm’s annual report.
The figure featured 270 MW of solar energy, 138 MW of wind power, and 49 MW of hydropower in Vietnam.
- Related News
- Read More
Eximbank posts Q1 profit of $13 mln, down 60% year-on-year
Vietnamese private lender Eximbank reported Q1 pre-tax profit of VND338 billion ($12.83 million), down 60% from a year earlier.
Banking - Tue, April 28, 2026 | 3:19 pm GMT+7
GE Vernova says in talks with customers amid LNG-to-renewables shift considerations
U.S. energy giant GE Vernova has been in discussion with customers following reports that at least one partner in Vietnam is reassessing plans to shift from LNG-fired power to renewable energy.
Energy - Tue, April 28, 2026 | 2:17 pm GMT+7
Vinhomes unveils mega urban area project near northern Vietnam’s world heritage bay
Vinhomes, the real estate arm of Vietnam’s conglomerate Vingroup, has debuted its 6,200-hectare urban area project located by the side of the UNESCO-recognized world natural heritage site of Ha Long Bay in Quang Ninh province.
Infrastructure - Tue, April 28, 2026 | 11:47 am GMT+7
Central Vietnam hub Danang deepens cooperation with Maersk on Lien Chieu port, logistics
Danang is stepping up cooperation with A.P. Moller-Maersk to accelerate the development of its Lien Chieu port and expand logistics capabilities, as the central Vietnam city seeks to strengthen its role in regional supply chains.
Infrastructure - Tue, April 28, 2026 | 8:00 am GMT+7
Sun Group starts work on Phan Thiet airport project in central Vietnam
Vietnamese private conglomerate Sun Group on Monday broke ground on the civil aviation component of Phan Thiet Airport in Lam Dong, marking an infrastructure boost for the central province.
Infrastructure - Mon, April 27, 2026 | 11:53 pm GMT+7
HCMC okays projects totalling $1.23 bln at flagship hi-tech park
Ho Chi Minh City authorities have granted investment registration certificates for four high-tech projects worth a combined $1.23 billion at the city's flagship innovation hub, reinforcing its position as a leading destination for digital and green economy investments.
Industries - Mon, April 27, 2026 | 5:47 pm GMT+7
Amkor eyes further expansion in Bac Ninh province as Vietnam's semiconductor push gathers pace
Amkor Technology is looking to further invest in its major production base in Vietnam's northern province of Bac Ninh, underscoring growing confidence in the country’s role in the semiconductor supply chain.
Industries - Mon, April 27, 2026 | 5:40 pm GMT+7
Vietnam banks chase record profits despite tighter credit caps squeezing growth
Vietnam’s 2026 annual general meeting (AGM) season for banks is closing with a clear paradox: lenders are targeting record profits worth tens of trillions of dong (VND10 trillion = $379.38 million), while the key growth driver – credit expansion – is being tightened.
Banking - Mon, April 27, 2026 | 1:23 pm GMT+7
Goertek Vina injects extra $20 mln into northern Vietnam plant
Goertek Technology Vina Company Limited, a subsidiary of Chinese electronics giant Goertek, plans to pour an additional over VND527 billion ($20 million) into its project in Vietnam's northern province of Bac Ninh.
Industries - Mon, April 27, 2026 | 1:04 pm GMT+7
SK Group eyes AI data center tied to $2 bln LNG power project in central Vietnam
South Korea’s SK Group is stepping up its presence in Vietnam with plans to develop an AI data center linked to the Quynh Lap LNG-to-power project in Nghe An province, as it pushes its “AI full-stack” strategy overseas.
Industries - Mon, April 27, 2026 | 9:45 am GMT+7
State divestment from Viglacera to be delayed
The Ministry of Construction will postpone plans to divest state capital from Viglacera (HoSE: VGC) - Vietnam's leading construction material producer and industrial real estate developer, citing valuation challenges and the need to safeguard state assets, a senior official said.
Companies - Mon, April 27, 2026 | 8:05 am GMT+7
Many Vietnamese firms post surging Q1 profits, some up dozens of times year-on-year
First-quarter 2026 earnings at many Vietnamese companies rose sharply despite market volatility, with some firms reporting profits dozens of times higher than a year earlier.
Companies - Mon, April 27, 2026 | 8:00 am GMT+7
Central Vietnam province approves conversion of production forest land for Sun Group's $254 mln urban project
Authorities of Quang Ngai province have approved the conversion of nearly 83 hectares of production forest land for the development of an urban area project backed by real estate giant Sun Group.
Real Estate - Sun, April 26, 2026 | 1:46 pm GMT+7
Ex-banking tycoon Tram Be re-emerges in infrastructure projects in southern Vietnam
Tram Be, once a famous banking tycoon in Vietnam, has resurfaced in the corporate arena, appearing as a representative of Ham Giang Construction Co. Ltd. at a working session with Vinh Long province authorities on Thursday.
Companies - Sun, April 26, 2026 | 8:09 am GMT+7
Techcombank keeps real estate bad debt below 1%, fully recovers principal: chairman
The chairman of Techcombank said the lender has maintained non-performing loans (NPLs) in the real estate segment below 1%, with full principal recovery even on impaired loans.
Banking - Sun, April 26, 2026 | 8:00 am GMT+7
Posco invests $282 mln in battery materials plant in northern Vietnam
South Korean conglomerate Posco will invest a $282 million battery materials project in Vietnam's northern province of Thai Nguyen, marking its first overseas project in the artificial graphite segment.
Industries - Sat, April 25, 2026 | 10:13 pm GMT+7
