Vietnam’s wind power included in Malaysia’s energy outlook
Malaysia’s Ministry of Energy Transition and Water Transformation on Monday announced that the country is advancing deeper integration under the ASEAN Power Grid Initiative, aiming to strengthen energy resilience and open up opportunities for cross-border electricity trade.
A wind farm in Khanh Hoa province. Photo courtesy of VNA.
Speaking before the parliament, Deputy Minister Akmal Nasrullah Mohd Nasir highlighted Vietnam’s strong wind power potential, stressing that if connected through the regional grid, this energy source could bring significant benefits to Malaysia.
Alongside efforts to expand large-scale solar projects, Malaysia has set a target of achieving 40% renewable energy by 2040.
According to Deputy Minister Akmal, the current grid capacity can still accommodate new energy sources; however, for long-term stability, investments are needed in battery energy storage systems (BESS) and smart grid technologies.
The Malaysian government is also exploring new energy sources under its National Energy Transition Roadmap (NETR), including pilot projects on clean energy.
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Vietnam’s wood industry sees strong growth
Vietnam’s total trade turnover rose 16% in H1/2025 year-on-year, with the wood and wood products sector standing out as a key driver with a 9% growth, underscoring a strong recovery, according to the Vietnam Chamber of Commerce and Industry (VCCI).
Economy - Wed, August 27, 2025 | 4:30 pm GMT+7
Prime Minister suggests Samsung Vietnam have Vietnamese people in its leadership
Prime Minister Pham Minh Chinh has suggested Samsung to support Vietnam in building a technology ecosystem, especially in the field of chip and electronics manufacturing, and include Vietnamese people in the leadership of Samsung Vietnam.
Industries - Wed, August 27, 2025 | 3:56 pm GMT+7
Carlsberg Vietnam inaugurates Expanded Phu Bai Brewery, marking new chapter of sustainable growth in Vietnam
Carlsberg Vietnam, in coordination with the Hue city People’s Committee, on Tuesday held an inauguration ceremony for the Phu Bai Brewery Expansion Project, marking a major milestone in the company’s journey of innovation, sustainability, and long-term commitment to Vietnam.
Companies - Wed, August 27, 2025 | 3:08 pm GMT+7
Shipping giant CMA CGM Group eyes investment in southern Vietnam
France's CMA CGM Group, the world’s third-largest shipping company, is exploring Ho Chi Minh City’s seaport development plans with a view to future investment.
Industries - Wed, August 27, 2025 | 2:10 pm GMT+7
Sunshine Group partners with two global corporations to create smart, high-end living standards in Vietnam
Per its strategy to expand international cooperation, Sunshine Group recently signed MoUs with two world's leading corporations, namely Suofeiya, a high-end customized furniture brand, and Haier Group, a giant in the field of living solutions and digital transformation.
Companies - Wed, August 27, 2025 | 11:29 am GMT+7
PV Gas the only industrial company among Top 12 most profitable enterprises in Vietnam
PetroVietnam Gas Joint Stock Corporation (PV Gas) ranked 12th in the Top 20 Vietnamese enterprises in terms of H1/2025 pre-tax profit, with VND9,410 billion ($356.68 million), up 27% year-on-year.
Companies - Wed, August 27, 2025 | 10:16 am GMT+7
Gelex Group's infrastructure arm plans IPO on improving financials, expanding portfolio
Gelex Group (HoSE: GEX), a leading multi-sector corporation in Vietnam, has announced plans to launch an IPO and list its infrastructure arm, Gelex Infrastructure (Gelex Infra), as early as Q4/2025.
Companies - Wed, August 27, 2025 | 8:39 am GMT+7
Petrovietnam, Copenhagen Infrastructure Partners shake hands to develop offshore wind power in central Vietnam
Denmark-headquartered Copenhagen Infrastructure Partners (CIP) plans to cooperate with state-owned Petrovietnam to develop the 3.5 GW La Gan offshore wind power project in the former central province of Binh Thuan (now part of Lam Dong province), with a total estimated investment of $10.5 billion.
Energy - Tue, August 26, 2025 | 11:43 pm GMT+7
Vietnamese builder Central Construction acquires 51% stake in IDIC 620 to expand into transport infrastructure
Vietnamese builder Central Construction JSC has acquired a 51% stake in 620 Infrastructure Development and Investment Corporation (IDIC 620), marking its push beyond civil and industrial projects into the transport infrastructure sector.
Companies - Tue, August 26, 2025 | 10:52 pm GMT+7
Vietnam’s utility major REE wins two wind power projects worth $152 mln in southern Vietnam
Ho Chi Minh City-based utility firm Refrigeration Electrical Engineering Corporation (HoSE: REE) has won bids for two nearshore wind power projects in the southern province of Vinh Long, with a total capacity of 80 MW and an estimated investment of VND3.86 trillion ($146.58 million).
Energy - Tue, August 26, 2025 | 2:26 pm GMT+7
Sun Group plans renewable-powered digital infrastructure project in northern Vietnam
Sun Group, a real estate giant in Vietnam, plans a project on developing decentralized digital infrastructure powered by renewable energy in the northern province of Lai Chau.
Industries - Tue, August 26, 2025 | 1:54 pm GMT+7
Vietnam’s FPT Telecom posts record net profit in Q2
FPT Telecom reported its highest-ever quarterly net profit in Q2/2025, accompanied by a massive cash and bank deposit balance of over VND13 trillion ($497 million).
Companies - Tue, August 26, 2025 | 1:50 pm GMT+7
Northern Vietnam province to finalize land clearance procedures for $2.2 bln LNG power project in Sept
Concerned authorities in Quang Ninh province gathered on Monday to discuss resolving land clearance and compensation bottlenecks for a $2.2 billion LNG-to-power plant project.
Energy - Tue, August 26, 2025 | 11:25 am GMT+7
MB becomes second biggest Vietnamese bank by chartered capital
Military Bank (MB) has become the second largest Vietnamese bank, after Vietcombank, following a chartered capital hike to VND80,550 billion ($3.06 billion).
Banking - Tue, August 26, 2025 | 10:00 am GMT+7
Consumers favor greener e-commerce in Vietnam
The rapid growth of e-commerce in Vietnam has brought undeniable convenience, yet it also generates mounting environmental challenges, from excessive plastic packaging to increased transport emissions.
Companies - Tue, August 26, 2025 | 8:26 am GMT+7
Vietnam among fastest-growing export markets: Emirates SkyCargo exec
Vietnam stands out as one of Emirates SkyCargo’s fastest-growing export markets in Southeast Asia, fueled by robust demand for high-value cargo such as electronics, textiles, and agricultural products, the company stated.
Companies - Mon, August 25, 2025 | 10:27 pm GMT+7
- Energy
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Petrovietnam, Copenhagen Infrastructure Partners shake hands to develop offshore wind power in central Vietnam
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Vietnam’s utility major REE wins two wind power projects worth $152 mln in southern Vietnam
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Northern Vietnam province to finalize land clearance procedures for $2.2 bln LNG power project in Sept
