Category: Vietnam

Vietnam turns to LNG power plants, seeking to shake coal dependence Rising prices loom over Southeast Asia’s growing appetite for natural gas Liquefied natural gas is entering the spotlight in Vietnam as the country tries to wean itself off carbon-intensive coal, keeping pace with a growing regional trend that could be tripped up by intensifying […]

Norwegian renewables developer Scatec refinances 39-MW Dam Nai wind farm in Ninh Thuan province, Vietnam Norwegian renewables developer Scatec ASA (OSL:SCATC) has refinanced USD-37-million (EUR 34.4m) of non-recourse project debt for its Dam Nai wind farm in Vietnam, the company said on Monday. The refinancing operation, facilitated by Vietnamese commercial lender Vietcombank, enabled Scatec to […]

Vietnam’s HCMC mulls more metro, light rail routes The HCMC Transport Department has proposed adding more metro lines and light rail services to enhance connectivity to ports and airports. In a proposal sent recently to the Department of Planning and Architecture, the transport department said the additional routes will help the city’s traffic network keep […]

Solar power plant officially inaugurated in Vietnam’s Quang Binh province The central province of Quang Binh on April 24 officially inaugurated a solar power plant with a capacity of 49.5 MW. The plant, which is part of a renewable energy power complex in Le Thuy district, has total investment capital of more than 1 trillion […]

Vietnam plans a two-thirds cut in thermal power between 2025 and 2045 and increase renewable power supply Vietnam will reduce coal-fired power supply by two-thirds between 2025 and 2045 and increase renewable power supply to account for more than half of the total reported VN Express. All localities have expressed agreement with the Ministry of […]

World’s longest glass bridge to open in northern Vietnam’s Son La Province A 632-meter-long glass bridge in northern highlands town Moc Chau, said to be the world’s longest, is scheduled to open to tourists during the Reunification Day (April 30) holiday. Work on the bridge, namely Bach Long in Moc Chau Island Tourist Area in […]

Which world regions and countries have the most hotel rooms in construction? Two of the four world regions, the Americas and the Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the first quarter, according to March 2022 data from STR. March 2022 (% changes in comparison with March 2021) […]

Why HCMC’s metro line is yet to get on track HCMC’s first metro line has been a long time coming, and it is yet to arrive, a full decade after work began on the project. The primary factor in this prolonged delay has been the failure of stakeholders to anticipate problems, identify solutions and implement […]

Hanoi housing prices keep rising on low supply, inflation fears Housing prices in Hanoi rose the most in five years, driven up by limited supply and the specter of inflation. According to leading property consultancy CBRE, the average price of a new apartment increased by 13 percent to US$1,655 per square meter. In the secondary […]

Vietnam’s longest expressway connecting the Van Don Economic Zone and Mong Cai Town in northern Quang Ninh Province nears completion An expressway connecting the Van Don Economic Zone and Mong Cai Town in northern Quang Ninh Province is expected to be completed in the second quarter this year reports VN Express. Van Don – Mong […]