Vietnam’s first LNG-fired power plant connects to national grid
Nhon Trach 3, part of Vietnam’s first LNG-fired power project Nhon Trach 3 & 4, connected to the national grid on Wednesday noon, according to project investor PV Power.
Initially, the connected capacity was 50 MW, marking a milestone of LNG-fired power in Vietnam, PV Power highlighted. The move can help Nhon Trach 3 meet the deadline of reaching commercial operation from July 2025.
Nhon Trach 3 LNG-fired power plant in Dong Nai province, southern Vietnam. Photo courtesy of Dong Nai newspaper.
Nhon Trach 4 is scheduled to conduct “first-fire” in April 2025 and then enter commercial operation from October 2025.
Once fully operational, the 1,600 MW Nhon Trach 3 and Nhon Trach 4 project in the southern province of Dong Nai can provide nine billion kWh of electricity to the national grid annually.
The $1.4 billion project is expected to help ensure energy security for Dong Nai province, an industrial hub in southern Vietnam and the fourth-biggest energy consumer among cities and provinces in Vietnam.
According to the power development plan VIII (PDP VIII), Vietnam aims to reach a capacity of 22,400 MW from LNG-fired power in 2030, supplying 83.5 billion kWh yearly.
LNG Thi Vai terminal in the southern coastal province of Ba Ria-Vung Tau is the main LNG source for Nhon Trach 3 and Nhon Trach 4 complex.
- Related News
- Read More
Registered FDI capital in Vietnam hits $4.33 bln in Jan, S Korea leads with 13.4-fold increase
Registered foreign direct investment (FDI) in Vietnam reached $4.33 billion in the first month of 2025, up 48.6% year-on-year, while disbursed FDI capital hit $1.51 billion, up 2%.
Economy - Wed, February 5, 2025 | 5:37 pm GMT+7
Petrovietnam asks PV Gas to triple LNG Thi Vai terminal to 3 mln tons
Petrovietnam has asked its subsidiary PV Gas to triple the annual capacity of LNG Thi Vai terminal to three million tons, in order to ensure sustainable development.
Energy - Wed, February 5, 2025 | 4:46 pm GMT+7
Sweden’s Autoliv to operate northern Vietnam airbag cushion plant in Nov
Autoliv, Inc., a global leader in automotive safety systems, will put into operation its airbag cushion plant in the northern province of Quang Ninh in November, after two years of construction.
Industries - Wed, February 5, 2025 | 3:40 pm GMT+7
Bright prospects for maritime giant VIMC with Can Gio super port
Vietnam Maritime Corporation (VIMC) is poised for strong growth in 2025 following a highly successful 2024, driven by the government's in-principle approval of its Can Gio mega-port project in Ho Chi Minh City and a substantial increase in profits.
Companies - Wed, February 5, 2025 | 3:20 pm GMT+7
Cash flows into Vietnam stocks with compelling stories amid flat market
Despite the sluggish market, a series of stocks with compelling stories have continued to attract capital flows and seen their prices multiply in just the past few months.
Finance - Wed, February 5, 2025 | 2:18 pm GMT+7
American design-manufacturing firm Key Tronic to expand in Vietnam due to tariff
Key Tronic, a leading American design and manufacturing service provider, plans to “significantly” increase its production capacity in Arkansas (the United States) and Vietnam.
Industries - Wed, February 5, 2025 | 12:35 pm GMT+7
Central Vietnam city gives 78,000 sqm of land for Korean firm Dentium’s $177 mln factory
The central city of Danang has leased more than 78,000 square meters of land in its High-Tech Park to ICT VINA Co., Ltd., a member of South Korean medical equipment manufacturer Dentium, for building a $177 million factory.
Industries - Wed, February 5, 2025 | 8:00 am GMT+7
Cai Mep the only Vietnamese port involved in Maersk, Hapag-Lloyd alliance
Cai Mep is the only Vietnamese port involved in the Gemini Cooperation alliance formed between two major shipping lines, Denmark-based Maersk and Germany's Hapag-Lloyd.
Economy - Tue, February 4, 2025 | 9:35 pm GMT+7
Thailand’s 2025 economic growth target at risk of slowing
Thailand's inflation is expected to reach 1.1% this year, aligning with the Bank of Thailand (BOT)’s target range of 1-3%.
Southeast Asia - Tue, February 4, 2025 | 8:00 pm GMT+7
Thailand to halve power supply to Myanmar’s two towns
Thailand will halve the power supply to two towns in Myanmar to pressure the neighboring country into cracking down on call-center gangs operating within its borders, according to Deputy Prime Minister and Defence Minister Phumtham Wechayachai.
Southeast Asia - Tue, February 4, 2025 | 7:56 pm GMT+7
IMF ranks Indonesia 8th in the world for PPP-based GDP in 2024
The IMF has placed Indonesia's GDP based on purchasing power parity (PPP) in 2024 at the 8th position in the world, with $4.98 trillion.
Southeast Asia - Tue, February 4, 2025 | 7:52 pm GMT+7
Conglomerate Thaco launches host of major projects in central Vietnam
Vietnamese private conglomerate Thaco Group has inaugurated a series of major projects, further expanding its industrial ecosystem in the central province of Quang Nam.
Companies - Tue, February 4, 2025 | 4:30 pm GMT+7
Vietnam’s first LNG power plant to connect to national grid on Feb 5
Nhon Trach 3, part of Vietnam’s first LNG-fired power project Nhon Trach 3 & 4, is set to connect to the national grid on Wednesday, February 5, according to PV Power, the project investor.
Energy - Tue, February 4, 2025 | 4:05 pm GMT+7
E-commerce, a game changer for Vietnam textile manufacturers
E-commerce platforms have been a game changer for Vietnam’s textile and garment industry, said industry insiders and experts.
Southeast Asia - Tue, February 4, 2025 | 3:55 pm GMT+7
