Category: Vietnam

Vietnam’s top private firm Vingroup proposes $4.5 bln wind power project in HCMC Vingroup, a leading Vietnamese property developer and carmaker, has proposed to invest in a nearshore wind power project worth $4.5 billion in Can Gio, the only coastal district in Ho Chi Minh City. In a document recently sent to the municipal People’s […]

Vietnam cuts renewable power subsidies Retroactive cuts for some solar and wind projects alarm investors and raise default risk Vietnam’s state power utility has cut the previously agreed subsidised prices it pays for electricity from some solar and wind farms, which now risk defaulting on their debts with banks, according to an investors’ petition seen […]

Vietnam Considers VinSpeed’s $61 Billion High-Speed Railway Proposal Vietnam’s government is evaluating a substantial proposal from VinSpeed to invest in a $61 billion North-South high-speed railway. If realized, this project could significantly alter the country’s transport infrastructure. Deputy Prime Minister Tran Hong Ha has urged relevant ministries to submit their written feedback by May 19. […]

Vietnamese Government reveals massive $136 billion plan to change the way country is powered ‘Necessary and consistent with the reality and development direction’ – “Electricity demand will increase.” The Vietnamese Government announced plans to expand its electricity generation to support its fast-growing economy through renewable and nuclear energy. Doing so will also help the country […]

China and Vietnam to assess viability of upgrading two railways and developing a third direct link along their adjoining coast China and Vietnam took initial steps during Chinese President Xi Jinping’s visit to Hanoi this week to develop new rail links, as they agreed to conduct feasibility studies for two lines, according to one of […]

$90 million international port to be built in Quảng Bình The Hòn La International Port will serve industrial zones in the province and facilitate the transshipment of goods to Laos and northeastern Thailand. QUẢNG BÌNH — Work started on the construction of the Hòn La International Port in the central province of Quảng Bình on Friday. […]

Vietnam sets out plans for $10bn Mekong Delta railway Vietnam’s Ministry of Transport has announced that work will begin before 2030 on a railway through the Mekong Delta provinces south of Ho Chi Minh City (HCMC). The 175km line will connect six provinces in the southern region, which grows about 90% of Vietnam’s rice exports. […]

Vietnam to develop offshore wind power after 2030 The Vietnamese Ministry of Industry and Trade has proposed delaying the development of offshore wind power until after 2030, instead of meeting the initial target of 6,000 MW within the next five years. At a meeting of the appraisal council for the revised National Power Development Plan […]

Official explains brief suspension of Ho Chi Minh City’s metro line No. 1 14 February 2025 At a press conference held on Thursday to discuss the city’s socio-economic performance, Bang said the metro line has received positive feedback since it opened on December 22, 2024. The number of passengers using the metro has been increasing, […]