Category: Vietnam

Asian Development Bank (ADB) Arranges $107 Million for BIM Group to Support Wind Project in Vietnam ADB will offer $25 million as ordinary capital and the remaining $82 million will be parallel loans. The financial package will support the operation of an 88 MW wind energy farm located in Ninh Thuan Province of Vietnam. The […]

Hyundai Engineering completes Long Son Utility plant project in Vietnam The plant started operations in February and earned regulatory approval this month; it provides steam and water for industrial use South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, said Monday it has completed its construction on the Long […]

Many wind power projects in Vietnam’s Quang Tri Province behind schedule The Department of Industry and Trade of Quang Tri Province, on November 22, said that there were 12 wind power projects in the province with a total capacity of 454MW. However, only two projects had completed construction and installation, while the remaining projects were […]

Vietnam to get its first Korean-style industrial complex, in Hung Yen Province The eco-friendly facility is slated to be completed by 2024 in the northern province of Hung Yen and house 60 companies A groundbreaking ceremony was held Friday for Vietnam’s first Korean-style industrial complex, to be built in the country’s northern Hung Yen Province. […]

Electricity of Vietnam (EVN) proposes reducing purchase price of wind and solar power Vietnam Electricity (EVN) proposed the Ministry of Industry and Trade reduce the purchase price of wind and solar power by 30 percent compared to the current one. With the data collected until November 16, 2022, the Electricity of Vietnam (EVN) has just […]

Vietnam to Seal $11B Funding Deal to help Vietnam shift its economy off coal Negotiations to secure US$11 billion in funding to help Vietnam shift its economy off coal are in the home stretch, with the country’s debt wariness and donor concerns about suppression of dissent among the thorny issues still to be resolved. Odds […]

Vietnam’s second-biggest property developer No Va Land faces cash crunch: sources No Va Land fires staff, seeks urgent asset sales Vietnam’s second-biggest listed developer, No Va Land, is firing staff and seeking urgent asset sales, company and industry sources said, as it struggles to pay creditors in the latest sign of distress in the country’s […]

Singapore & Vietnam to partner on green projects and ASEAN power grid Following Singapore’s President, Halimah Yacob’s state visit to Hanoi as well as Ho Chi Minh City this week, a digital and green economic relationship between Singapore and Vietnam is reportedly in the works. Madam Halimah stated at the end of her five-day visit […]

Aurecon strengthens renewables capabilities in Southeast Asia with senior hires Bangkok, Ho Chi Minh City – International design, engineering and advisory company Aurecon has appointed Lorenzo Claveri as Wind and Renewables Leader and Chanon Mahisanan as Senior Engineer, Power Generation to bolster its renewables capabilities in Southeast Asia. These two appointments are part of Aurecon’s […]

Construction of Vietnam’s VND55-trillion-thermal-power-plant in Quang Tri province cancelled Mr. Vo Van Hung, Chairman of the People’s Committee of Quang Tri Province, on October 7, said that the Thai Ministry of Energy had agreed to cancel the implementation of the Quang Tri 1 BOT Thermal Power Plant project. Accordingly, within the framework of the Second […]