Category: Vietnam

Foreigners’ housing demand is increasing in Vietnam’s domestic property market The domestic real estate market is hoped to have growth in the fourth quarter of this year and before the Lunar New Year 2021 if, by this year-end, the domestic economy is restored to levels from before the COVID-19 pandemic. This is the most positive […]

Vietnam’s HCMC Saigon metro faces delay as experts unable to enter Vietnam due to Covid-19 pandemic Saigon’s first metro line could face further construction delays since 100 foreign engineers working on it have been unable to enter Vietnam. The experts work for Japanese contractor Hitachi, which is in charge of installing tracks and maintenance equipment […]

Thailand’s Gulf Energy Development to buy Vietnamese onshore wind farms Firm negotiated US$200m deal for two projects via video conferencing, drone inspections Gulf says it will purchase onshore wind farms in Vietnam with a total capacity of 100 megawatts. SET-listed Gulf Energy Development Plc announced yesterday that it would purchase wind farms in Vietnam worth […]

Sharp Corporation to launch new 45 MW solar power plant in Vietnam’s central province of Ninh Thuan in July 2020 Japanese electronics giant Sharp Corporation will begin operating a 45 MW solar power plant in the central province of Ninh Thuan in July. The plant is a joint venture between Sharp Energy Solutions Corp., a […]

Vietnam approves 7 GW of new wind projects Vietnam has given the green light to almost a hundred new wind energy installations, indicating the nation keeps powering ahead with renewables amid fears of looming power shortages as its industry and population boom. The Vietnamese government on Thursday (25 June) formally approved 7 gigawatts (GW) worth […]

B.Grimm Power aiming for second LNG licence for power plant SET-listed B.Grimm Power (BGRIM) will ask the government to grant it a second licence to import liquefied natural gas (LNG) as it is developing a new gas-fired power plant. In May, the firm was approved by the Energy Regulatory Commission to import 650,000 tonnes of […]

Vestas Bags 48 MW Wind Turbine Order in Quang Tri Province of Vietnam Vestas has secured a 48 MW order with Vietnamese developer, Phong Lieu Wind Power JSC for a wind project located in the Quang Tri Province of Vietnam. This win marks Vestas’ eighth wind project in the province, bringing its footprint in this […]