Thai firm begins construction of 50MW wind farm in Vietnam's Central Highlands
Asia Energy Co. Ltd., under Thailand’s Super Energy Corporation, broke the ground for its 50-megawatt Asia Dak Song 1 wind power project in the Central Highlands province of Dak Nong on Wednesday.
The VND1.69 trillion ($71.96 million) factory features 13 wind turbines with gearless technology produced by Beijing-headquartered Xinjiang Goldwind Science & Technology Co., Ltd.
The Dak Nong People's Committee granted in-principle approval to the project in November 2020. The project is set to begin equipment installation in October 2023 and then enter commercial operation in December 2024, generating 173,000 MWh annually on average.
This is the sixth wind power project to receive in-principle approval or be implemented in Dak Song district, Dak Nong province. The total capacity of the six projects is 430 MW.
Dak Nong Vice Chairman Le Trong Yen speaks at the groundbreaking ceremony of the Asia Dak Song 1 wind farm in Dak Nong province, Vietnam's Central Highlands on January 4, 2023. Photo courtesy of Young People newspaper.
Super Energy Corporation started investing in Vietnam's renewable energy sector in Vietnam in 2017. The firm is operating nine solar power projects and one wind power project in the southern region and the Central Highlands, with a total capacity of 886 MW.
Those projects provide over 1.3 million kWh to state utility Vietnam Electricity (EVN) yearly, reducing carbon emissions in Vietnam by 1.39 million tons annually.
Super Energy Corporation has invested $2 billion in Vietnam, said Jormsup Lochaya, chairman of the firm, at an investment promotion conference in Bac Lieu province in 2022.
Lochaya also urged the Mekong Delta province and the Vietnamese government to start investing in hydrogen as it will soon become cheaper than LNG power and coal.
- Related News
- Read More
Vietnam approves southern industrial hub Dong Nai as seventh centrally-governed city
The National Assembly, Vietnam's legislative body, has approved a resolution to establish Dong Nai as a centrally-governed city, making it the country’s seventh such municipality.
Economy - Wed, April 29, 2026 | 9:46 am GMT+7
Vietnam food giant Kido’s stock plunges to 6-year low amid profit warning, market pressure
KDC shares of Kido Group, a leading food company in Vietnam, on Tuesday fell sharply to its lowest level in six years, at around VND41,600 ($1.58) apiece, from roughly VND50,000 earlier this month.
Companies - Wed, April 29, 2026 | 8:17 am GMT+7
Central Vietnam province Gia Lai to have 600MW pumped storage hydropower plant
Gia Lai province is accelerating procedures to begin construction of the 600-megawatt Vinh Thanh pumped storage hydropower project, with a total investment of nearly VND11 trillion ($417.49 million).
Energy - Tue, April 28, 2026 | 10:07 pm GMT+7
Construction major Coteccons's profit doubles on strong revenue growth, backlog hits record high
Coteccons (HoSE: CTD), Vietnam's leading construction firm, reported a sharp rise in profit for the third quarter of its 2025-2026 fiscal year, driven by strong construction revenue, even as borrowing costs and operating expenses climbed.
Companies - Tue, April 28, 2026 | 7:03 pm GMT+7
Vietnam aims to become one of world’s top 30 economies by 2030
The National Assembly, Vietnam's legislature, has approved the socio-economic development plan for the 2026-2030 period, targeting an average GDP growth rate of at least 10% per year and per capita income reaching around $8,500 by 2030.
Economy - Tue, April 28, 2026 | 6:41 pm GMT+7
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
