Vietnam News
Vietnam has only weeks left to get its wind market back on track as wind power support scheme deadline looms Southeast Asia’s wind hero is fast falling from grace as the deadline of its wind power support scheme looms. Unless Vietnam acts now, it risks losing investors and developers as well as more power outages […]
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Nexif Energy secures funding for 92MW co-generation power project at the SSP industrial estate in Rayong province, Thailand. Nexif Energy, the Singapore-headquartered Asian and Australian power firm, announced that it had secured debt facility and partnership agreements for a 92-MW gas-fired co-generation project in Thailand, the company’s first investment in the country. Debt funding for […]
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New Dam Planned in Same District as 2018 Laos’ Xe Pian-Xe Namnoy Dam Disaster A new dam is readied to increase in southern Laos, in the district where 2 years ago a significant dam collapse created a flooding that was defined as the nation’s worst in years. On July 23, 2018, water put over a […]
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VinaCapital and industrial parks developer SAIGONTEL sets up solar power JV for rooftop solar projects in Vietnam SkyX Solar, a subsidiary of Vietnam-based asset manager VinaCapital, has joined forces with industrial park infrastructure and telecoms service provider SAIGONTEL to form a joint venture to develop rooftop solar projects in the country. SkyX Solar will have […]
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K2 Management secures owner’s engineer mandates for three wind projects in Vietnam K2 Management has secured three owner’s engineer mandates for wind projects in Vietnam, two of which are onshore, while the third is a nearshore development. The projects total 240MW of capacity and are all expected online in 2021. The largest of the projects […]
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Vietnam reduces capacity of coal-fired thermal power plants from 2020 until 2030 Vietnam will reduce the total capacity of coal-fired thermal power plants from 2020 until 2030, according to the National Steering Committee for Electricity Development. The reduction is mainly due to some thermal power projects delaying their development, while some localities have not agreed […]
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The Bạc Liêu wind power plant in the Mekong Delta province of Bạc Liêu marked its one billionth kWh at a ceremony late last week. Financed by Công Lý construction-trade-tourism company headquartered in Cà Mau Province, the plant costs more than VNĐ5.2 trillion (US$223 million at the current exchange rate). It has 62 turbines with […]
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Thailand’s foreign retirees see their good life slip away Surging baht and new rules dull the country’s allure for budget-minded expats From the mountains of Chiang Mai to the beaches of Phuket, Thailand has long been a draw for foreign retirees wishing to spend their golden years in tropical bliss. But for the many who […]
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Japanese retail giant Aeon Vietnam plans US$2 billion Vietnam expansion Japanese retail giant Aeon Vietnam says it will invest US$2 billion expanding its presence across the country. Aeon Vietnam opened its fifth shopping centre in the country last November, its second in the capital city Hanoi. Now, the general director of Aeonmall Vietnam, Iwamura Yasutsugu, […]
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Vietnam-based Fico JSC gets approval to build two wind power plants in Nhon Hoi Economic Zone (EZ) They are set to be completed in 2021. Vietnam-based construction firm Fico JSC has been given initial approval by Binh Dinh Economic Zone (EZ) Authority to develop two wind power plants in the Nhon Hoi EZ, according to […]
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