Category: Vietnam

Daewoo E&C eyeing $2.5 billion Vietnam LNG project in the central Thanh Hoa Province Five consortiums compete to win mega-sized contract South Korea’s first-tier contractor Daewoo Engineering & Construction (E&C) and the country’s energy firm SK E&S are eyeing a mega-sized power plant contract in Vietnam. Vietnamese media outlets reported on Aug. 19 that the […]

Japan’s Marubeni aims for offshore wind power investments in Vietnam Japanese giant Marubeni plans to invest more in Vietnam, including renewable energy, solar energy, and offshore wind power, said Yoshiaki Yokota, managing executive officer and CEO for Energy & Infrastructure Solution Group at Marubeni. The executive made the statement at a Tuesday meeting with Vietnamese […]

600 MW Laos-based wind power project to run in Feb 2025 for export to Vietnam The 600-MW Monsoon wind power project in Laos can enter trial operation in February 2025 for power export to Vietnam, its investor told Vietnam Electricity (EVN) on Wednesday. The investor, Monsoon Wind Power Company Limited, also noted that the 500kV […]

Vietnam’s North-south high-speed railway to be completed by 2035 The Ministry of Transport and associated project partners have been informed that the completion of the north-south high-speed railway will be expected by 2035. At a meeting to discuss investment policy for the high-speed railway on July 11, Prime Minister Pham Minh Chinh instructed the Ministry […]

Vietnam’s first LNG-to-power complex completes land lease, readies ‘first fire’ The $1.4-billion Nhon Trach 3 and Nhon Trach 4 LNG-to-power complex, the first of its kind in Vietnam, has basically completed related land lease tasks. PV Power, a subsidiary of state-owned Petrovietnam, informed its parent firm on Thursday that it was also preparing to “first […]

Residential index up in Hanoi, but down in HCM City The residential index rose sharply in Hanoi in the first three months of 2024 but decreased slightly in Ho Chi Minh City, according to a report by property consultancy firm Savills Vietnam. 25 June 2024 The residential index rose sharply in Hanoi in the first […]

Sand shortage for Vietnam expressway construction projects addressed 25 June 2024 Vietnam’s rapid infrastructure development, particularly in the Mekong Delta region, is facing a significant challenge a high demand for sand as backfill material for expressway construction projects. Sand scarcity threatens to delay or even halt construction, jeopardizing project timelines and overall economic progress while […]

WHA Industrial Development, a Thai developer, to invest $50 mln in second industrial park in central Vietnam WHA Industrial Development, a leading industrial park developer in Thailand, will invest $50 million in building its second facility in the central province of Nghe An. Nghe An authorities gave an in-principle approval for the project at a […]

Toyo Ventures confirms termination of Song Hau 2 thermal power plant project in Vietnam Toyo Ventures Holdings Bhd (KL:TOYOVEN), whose share price plunged to its lowest in over one month on Thursday, has confirmed the termination of the Song Hau 2 thermal power plant project by the Vietnamese government, according to its filing with Bursa […]

The rapid development of solar and wind power in Vietnam Since 2017, many solar power and wind power projects have been implemented in Vietnam, marking the country as a bright spot on the world’s renewable energy map. Wind and solar power account for a high proportion of the country’s power source structure. To promote the […]