VinEnergo launches rooftop solar, battery storage projects in central Vietnam
VinEnergo Energy Joint Stock Company has signed MoUs to install rooftop solar power systems integrated with battery energy storage systems (BESS) with the VinFast automobile plant and two battery factories in the central province of Ha Tinh.
Delegates at the launch ceremony of solar power and battery energy storage systems (BESS) in Vung Ang Economic Zone in Ha Tinh province, central Vietnam. Photo courtesy of VNA.
The projects mark a significant step towards green manufacturing, greater use of renewable energy, and the development of clean energy infrastructure in the Vung Ang Economic Zone.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
The systems are expected to generate nearly 50 million kWh of electricity each year, cutting more than 33,000 tons of CO2 emissions annually. This will contribute to Vingroup’s goal of achieving net-zero emissions by 2040.
VinEnergo’s rollout at VinFast, the VinES battery pack and energy storage plant, and the battery manufacturing plant of V-G High-Tech Energy Solutions Co., Ltd will also be the first in the country to combine rooftop solar and BESS under a direct power purchase agreement (DPPA) model, in line with government policies encouraging renewable energy use.
The model supports greener manufacturing and aligns with plans to transform the Vung Ang Economic Zone into a green industrial hub.
Nguyen Huong Giang, deputy general director of VinEnergo, said that the company is proud to provide comprehensive green energy solutions for VinFast, VinES, and V-G, helping them gradually complete a green production model and reduce environmental impacts.
This is not only an energy project but also a symbol of Vietnamese enterprises’ determination, innovation, and pioneering spirit in applying new technologies to realise Vietnam’s net-zero goal.”
The Ha Tinh projects are just the beginning of its nationwide drive to offer integrated clean energy solutions. For VinFast, VinES, and V-G, the initiative reinforces their leadership in building a green manufacturing and transport value chain that supports Vietnam’s sustainable development goals.
- Read More
Five economies seen powering ASEAN’s next growth cycle
ASEAN is poised to enter 2025-2026 with strong momentum, anchored by five dynamic economies, namely Malaysia, Indonesia, Thailand, the Philippines, and Vietnam (MIT-PV), according to Shan Saeed, chief economist at IQI Global.
Southeast Asia - Mon, December 8, 2025 | 10:42 pm GMT+7
Philippines suspends pork imports from Spain due to African swine fever outbreak
The Philippine Department of Agriculture (DA) announced on December 8 that it has suspended the importation of pigs and pork products from Spain due to the African swine fever (ASF) outbreak in this European country.
Southeast Asia - Mon, December 8, 2025 | 10:37 pm GMT+7
Consumer behavior changes force businesses to rewrite rules of the game: exec
Vietnam is enjoying a golden moment as consumer behaviors change, said Le Tri Thong, vice chairman of Phu Nhuan Jewelry JSC (PNJ), the country's leading jewelry producer.
Economy - Mon, December 8, 2025 | 10:21 pm GMT+7
Choosing the right textbooks: The first step toward stable, high-quality education
Selecting an appropriate textbook set is increasingly vital, ensuring stability and consistency in teaching and learning, cost efficiency, and equal access for students nationwide under the 2018 General Education Program.
Companies - Mon, December 8, 2025 | 5:42 pm GMT+7
Vietnam Education Publishing House provides 366,000 textbooks for students in central Vietnam flood-affected areas
The Vietnam Education Publishing House (VEPH) has delivered 366,000 textbooks worth VND5.3 billion ($201,000) to students in Dak Lak, one of the provinces hit hardest by the historic floods that swept through central Vietnam in November.
Companies - Mon, December 8, 2025 | 5:29 pm GMT+7
OCB affirms position as transparent, sustainable bank with prestigious awards
Amid continuous market volatility and increasingly stringent governance standards in the financial sector, Vietnam’s Commercial Bank (OCB) has once again demonstrated its leading position by consecutively earning major industry recognitions.
Companies - Mon, December 8, 2025 | 5:21 pm GMT+7
Trump-linked $1.5 bln golf resort in Vietnam unlikely to generate revenue before 2030: broker
Vietnamese developer Kinh Bac City Development Holding Corporation (HoSE: KBC) may not see commercial returns from its Trump-branded golf and resort complex project until around 2030, brokerage KB Securities Vietnam (KBSV) said in a recent report.
Real Estate - Mon, December 8, 2025 | 5:02 pm GMT+7
$260 mln engine plant opens in central Vietnam
Vietnam's Kim Long Motor Hue JSC and China's Yuchai JSC last Friday inaugurated their $260 million Kim Long Hue engine manufacturing plant in Hue city, rolling out the first Yuchai engines.
Industries - Mon, December 8, 2025 | 4:51 pm GMT+7
Central Vietnam province Ha Tinh okays $68 mln golf course project
Authorities of Ha Tinh province in central Vietnam have granted in-principle approval for a 36-hole golf course project worth nearly VND1.8 trillion ($68.19 million).
Real Estate - Mon, December 8, 2025 | 3:26 pm GMT+7
Challenges for Vietnam's monetary policy in 2026
Vietnam’s ambition to achieve economic growth of over 10% in 2026 is expected to put increasing strain on monetary policy, as authorities juggle the often competing objectives of system liquidity, interest rates, exchange rates, and inflation control.
Banking - Mon, December 8, 2025 | 1:47 pm GMT+7
Vietnam’s rural areas emerge as key retail frontier as middle-class households expected to surge 2.3-fold by 2030: broker
Vietnam’s rural areas, home to over 60% of the population, are emerging as a key growth frontier for retailers as consumers increasingly prioritize product quality and food safety, according to a report by major broker Saigon-Hanoi Securities JSC (SHS).
Economy - Mon, December 8, 2025 | 12:02 pm GMT+7
Challenges loom in connecting southern Vietnam hub HCMC to mega-airport Long Thanh
The need of establishing optimal connectivity between Ho Chi Minh City and Long Thanh International Airport in the neighboring province of Dong Nai has become increasingly urgent. While rail projects have yet to take shape, road travel from the city's center to the planned mega-airport remains time-consuming.
Economy - Mon, December 8, 2025 | 8:45 am GMT+7
VN-Index rises 3.1% in Nov, Finnish fund PYN Elite records -5.8%
Vietnam's benchmark VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), rose 3.1% in November, while PYN Elite, one of the largest foreign funds in the country's stock market, recorded -5.8%. Maggie Yi, Portfolio Team from PYN Elite, explains the figures.
Consulting - Sun, December 7, 2025 | 2:16 pm GMT+7
Vietnam's 11-month credit grows 16.56% to top $690 bln
Total outstanding loans in Vietnam reached over VND18.2 quadrillion ($690.4 billion) in the year to November 27, up 16.56% from end-2024, which was a stronger growth compared to the previous years.
Economy - Sun, December 7, 2025 | 1:57 pm GMT+7
Vietnam’s 11-month FDI disbursement highest in 5 years
Vietnam recorded $23.6 billion in implemented foreign direct investment (FDI) capital in the first 11 months of the year, up 8.9% year-on-year and marking a 5-year record high.
Economy - Sun, December 7, 2025 | 12:25 pm GMT+7
Vietnam's State Capital Investment Corp subsidiary to sell entire Vinamilk stake
SCIC Investment Co. Ltd (SIC), a subsidiary of Vietnam’s State Capital Investment Corporation (SCIC), has registered to sell its entire holding in Vinamilk (HoSE: VNM), the country's leading dairy producer.
Companies - Sun, December 7, 2025 | 9:00 am GMT+7
